I happen to think that Dave Ramsey (www.daveramsey.com) is a financial genius. Bill and I are working through his Financial Peace University right now. We have learned a lot. Here’s his take on the bailout:
| “It’s disturbing that arrogant people in Washington ignore their constituents and takes huge strides toward socialism.” — Dave Ramsey 
How would you like $10,000?The United States swore in a new president earlier this week. There is no doubt that this president’s number one priority in his first 100 days is to determine what changes, if any, are needed in our economy. Currently, the Obama administration is discussing an $825 billion stimulus plan. That’s a lot of money!But do we really understand how much money that is? If we were to divide that money evenly among every man, woman and child in America, it would be $2,696 per person! If you have a family of four, that amounts to more than $10,000! Because the government doesn’t have this money today, it will have to go into further debt. Ultimately, it’s still our job to fix ourselves. Washington will never be able to fix our problems—even if they give us $10,000. However, by continuing to make a plan for your money, you can make sure that you and your family succeed. |
