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Senior Advisor

Government wants to shut up Dave Ramsey

Thou shalt not listen to Dave Ramsey. Well guess what, we can't all get the same advice as Hillary Clinton does trading cattle futures.

 

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Fittingly, even before Ramsey came out against the rule, one of his critics called for using the rule against Ramsey, supposedly for providing advice said critic deemed harmful to savers. In an October article in LifeHealthPro, an online trade journal for insurance agents and financial advisers, Michael Markey, an insurance agent and owner of Legacy Financial Network, called for Ramsey to “be regulated and to be held accountable” by the government for the opinions he gives to listeners. Markey hailed the Labor Department rule as ushering a new era in which “entertainers like Dave Ramsey can no longer evade the pursuit of regulatory oversight.”

 

http://www.forbes.com/sites/johnberlau/2016/03/04/how-fiduciary-rule-may-censor-financial-broadcaste...

4 Replies
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Veteran Advisor

Re: Government wants to shut up Dave Ramsey

skip the advice...I would love to get margin free trading privileges, too.

 

you just wonder how many crooked deals that the old witch has actually pulled, based on all the ones that have come to light accidentally.

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Veteran Advisor

Re: Government wants to shut up Dave Ramsey

And you think an insurance agent is the govt???????  Looks like this rule that he wants enforced has been around for some time.  It also sounds like Dave is hitting a nerve in the insurance scammers united organization!  

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Veteran Advisor

Re: Government wants to shut up Dave Ramsey

Try Try to stay focused and you might actually contribute to a conversation some day!

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Senior Advisor

Re: Government wants to shut up Dave Ramsey


@schnurrbart wrote:

And you think an insurance agent is the govt???????  Looks like this rule that he wants enforced has been around for some time.  It also sounds like Dave is hitting a nerve in the insurance scammers united organization!  


fiduciary rule”—the controversial pending Department of Labor regulation