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Dave Ramsey is the King of Clickbait

Ramsey has demonstrated himself to be someone who can learn. He learned how to overcome his own financial mistakes and also learned how to educate others on how not to make those same mistakes in the first place.

Rick Schultz



A photo of Dave Ramsey
(Photo by Michael Kovac/Getty Images for National Radio Hall of Fame)

The biggest names draw the most clicks. Especially among the media. There is one name who has devoted his life to helping more people financially than any other talk radio host in history. And thus, he often finds himself popping up in videos and programs across the digital media landscape. It was hard to travel the interwebs this week without seeing videos lampooning, ridiculing, and lambasting one of talk radio and financial media’s biggest voices ever, Dave Ramsey

Ramsey has made anti-Bitcoin statements and comments over the years, and plenty of crypto influencers took the opportunity this week – as digital assets are beginning their cyclical surge to new highs – to bring up Ramsey’s past comments and blast him publicly. 

Some more fairly than others.

At least four YouTube programs featured thumbnail images or features of Ramsey this week, using the bait to attract eyeballs to their programs. And guess what? It worked! 

Successful online broadcasters know that their material is useless unless they can maximize clicks, increase views, master the algorithms, and increase their material’s reach. Dave Ramsey, or other popular names and attention-grabbing images, help them accomplish the goal.

This week, Ramsey was featured on programs such as Altcoin Daily, Digital Asset News, Crypto Jebb, and Bitcoin University. While each of these programs are known to be part of the more rational, educational segment of the crypto and Bitcoin programming world, they each capitalized on Ramsey’s name – in the thumbnail or title – to attract viewers. 

“Bitcoin is a currency on the internet. It has no value except to the extent that someone will take it from you as value. Bitcoin is the Iraqi Dinar of the internet,” Ramsey said in the clip included on these four programs.

And again, the hosts of these four programs are not considered to be bomb-throwing shysters. They generally come from the more conservative side of the crypto education world, and as a result, have educated and helped many viewers understand the burgeoning landscape of Bitcoin and other digital assets. 

In their own right, these programs have helped countless viewers learn about Bitcoin and crypto assets and prepare to build an abundant economic future. Like Ramsey himself, many consider them to be positive influences, educating and assisting their audiences.

This week they highlighted the comments and opinions from Ramsey, which differ greatly from their own. 

Perhaps the most vocal of the hosts this week regarding Ramsey was the thoughtful Matthew Kratter of Bitcoin University, who titled his episode, “Bitcoin Derangement Syndrome (Dave Ramsey).”

“So let me help you out with that one, Dave,” Kratter said. “The Iraqi Dinar is a form of fiat currency issued by the central bank of Iraq. And the Iraqi Dinar is not a decentralized, digital asset with a fixed supply and no committee of insiders who decide monetary policy.”

Kratter also mentioned notable anti-Bitcoin pundits, such as Paul Krugman, Peter Schiff, Charlie Munger, and Warren Buffett. He discussed the asset’s rise in price since 2010.

“So when Dave Ramsey says, ‘It has no value except to the extent someone will take it from you as value’, what I would respond to Dave is by saying, ‘Yeah, Dave that’s kind of how markets work’,” Kratter said.

The biggest problem many have had with the focus on Ramsey this week is that this main clip of the talk radio host was taken from a broadcast more than a decade ago. Yes, Ramsey has continued voicing anti-Bitcoin thoughts over the years, especially as the asset took its routine, cyclical drawdown in the past two years. However, the main clip getting the most airtime on these programs over the past week is from many years ago. 

“It has no value because all of the sudden one of these computer nerds flips the switch and the whole freaking thing is gone,” Ramsey said on the years-old clip played by Altcoin Daily. In the years since he made the comments, the mainstream has been educated about Bitcoin, to understand that the asset is a worldwide, decentralized, transparent network that can neither be stopped or shut down by any singular entity. Governments and hackers have tried, and failed.

“Dave Ramsey, host of The Ramsey Show, just made the biggest financial mistake of his life,” the Altcoin Daily program began, with a salacious tone. “And this is shocking because he usually does offer such great financial perspective.”

Again, that particular Ramsey clip was from a decade ago. Additionally, Digital Asset News was forced to remove its video featuring the Ramsey videos.

And it doesn’t have so much to do with Ramsey’s age as it does his perspective. Ramsey is not a “get-off-my-lawn” boomer. In fact, he has spent much of the past decade preparing his organization for the future, by bringing a much younger slate of personalities to his team. His whip-smart daughter, Rachel Cruze, has become one of the brand’s more prominent voices, and she has shown an open mind to digital assets, electric vehicles, and other technological innovations.

Overall, Ramsey has demonstrated himself to be someone who can learn. He learned how to overcome his own financial mistakes and also learned how to educate others on how not to make those same mistakes in the first place. That’s not the attitude of someone with a closed mind, who refuses to see the facts as they are.

Ramsey has dedicated his adult life to helping millions of people get out of debt and build financial stability for the future. Many feel his wisdom, approach, and mission are laudable and second to none. And his organization’s results are incalculable.

So maybe for Dave Ramsey, the acceptance of Bitcoin is a matter of when, rather than if.

Ramsey has always preached the concept that “the only people who lose money on the roller coaster are those who jump off.” With that rationale, anyone who has held Bitcoin from its early days through its high value near $70,000 per coin – and then down to under $20k –  has also not lost anything…unless they sold. The asset is now priced at approximately $37,000 per coin. Hardly the time to spike the football and celebrate its collapse. Many expect it to rise to six figures in the next couple of years, and more than $1M per coin in the future.

So it’s very possible, perhaps after sitting down with someone like Michael Saylor, Saifedean Ammous, Raoul Pal, or Anthony Scaramucci, that Dave Ramsey will one day voice an appreciation for the world’s emergent digital gold.

In fact, a quick YouTube search will locate a more recent clip of Ramsey, seeming to soften his stance on digital assets.

“It’s an unstable place to put money,” Ramsey told a caller in a video posted by The Ramsey Show Highlights nine months ago. “I don’t put money places that are unstable. Someday, crypto may stabilize. Someday, it may have a track record. But until it does, I won’t be putting any money in it. And I was saying that back when I got entire pages of Reddit devoted to hating me.

“And entire pages of Tik Tack (sic) hating me and everything, because I’m telling people not to put money into stupid-butt crypto. And now I’m a genius. But I also told them not to invest their money in Beanie Babies a few years ago, and people were believing in that too.”

So maybe someday Dave Ramsey will don the internet laser eyes and talk about securing wealth with a decentralized, non-confiscatable, immutable, un-inflatable, portable asset, like Bitcoin. Or perhaps the asset’s decade-long trend will revert and stagnate.

But until then, we can be assured that he will continue to help millions of listeners with his irreverent, straightforward wisdom. We can also be assured that these internet hosts, and many more like them, will continue to educate and assist as well.

And Ramsey will also continue serving as clickbait, regardless of what he does.

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BNM Writers

Why I’m Jumping Back Into Local TV

I want to join the fight for light that disinfects from the front lines. And there is no more advanced position than local news.



Jim Avila
(Photo: ABC News)

Yesterday, I started what I believe will be the final phase of my nearly 50-year career in broadcasting, spanning both radio and TV.

I have roamed the streets of San Francisco looking for breaking news as the late news reporter at KPIX-TV. I picked garlic in the fields of Gilroy to expose the terrible working conditions of California farmworkers for KCBS Radio.

In Chicago, I helped topple the democratic machine by exposing the dead voters registered in the Mayor’s race that tried to prevent Harold Washington — the city’s first black mayor — from winning an election.

Next stop? Los Angeles, where I covered the O.J. Simpson trial for KNBC, coverage that earned the station an Emmy and Golden Mic awards. It also earned me a ticket to NBC network news where I became a national correspondent for Tom Brokaw’s Nightly News. Our team picked up an Emmy for the flood and fire that destroyed Grand Forks, North Dakota, and led to assignments in New York for 9/11 and then off to the wars in Afghanistan and Iraq.

Next up were 18 intense years at ABC, where I served as 20/20 correspondent, Primetime correspondent, Senior Law and Justice correspondent, Senior National correspondent, and finally White House correspondent.

In 2020, after health issues, I retired and was offered the opportunity by Barrett News Media to write about the only true profession I have ever known. No longer bound by the rules of just the facts, I was invited to give my opinion on the junction of news and politics. I have enjoyed it and thank Jason Barrett — and you, the readers — for taking the time to follow my thoughts on the great institution of the news media.

But now it is time to return to actual journalism. I have been offered the privilege of reporting again. I have started a new adventure at KGTV ABC10 in San Diego. The location is ideal and the job as Senior Investigative Reporter will be a welcome challenge and a break from the retired life.

It also comes at a time when journalism is under attack by those who feel their opinions trump facts. (Pun intended).

So I want to join the fight for light that disinfects from the front lines. And there is no more advanced position than local news. I will be holding authorities and politicians to account. Keeping big business honest by protecting the little guy. I take pride in my career in journalism and I want young reporters to be proud as well. A free press unintimidated by would-be dictators is what is needed now more than ever.

So thanks, and once again, I will see you on TV.

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Is Oliver Stone the Michael Moore of 2024?

“They went too far in hating and in dumping on Trump. And people don’t like that in America. People don’t like dumping on. They did it too much.”

Rick Schultz



A photo of Bill Maher conversing with Oliver Stone
(Photo: Club Random)

In mid-2016, Americans felt the tide turning — with the country rallying around a Donald Trump electoral victory — when liberal filmmaker Michael Moore predicted Trump would win Michigan and the election. Could Oliver Stone be on a similar path in 2024?

Moore was prescient. He heard the people and could sense their overwhelming sentiment. More than anything, he was sounding the alarm bells for his fellow Democrats for what he felt was about to happen.

Last week a media member may have unknowingly let free the 2024 canary in the coal mine, and interestingly, this canary may have been another controversial filmmaker.

Oliver Stone appeared on Bill Maher’s podcast, Club Random, last week and seemed to echo many of the same sentiments from Moore’s premonition eight years earlier.

“Well, I mean, he doesn’t concede elections,” Maher said, bringing up President Trump in the far-ranging, free-flowing conversation. “You know, ‘The elections only count if we win’ theory of government. Okay. Well, come on. You know, Trump, he still has not conceded the election. He has not conceded. He does not honor them.”

“I mean, do you know for a fact that he lost? I’m just curious,” Stone responded. “I just don’t know all of the facts.”

Maher seemed astounded. 

“Well, I do. Is there a conspiracy theory that you don’t believe?” Maher asked Stone.

Perhaps Stone was referring to the piles of historical incongruencies and facts, all of which indicated a Trump 2020 win. 

No sitting president in the modern era has received more votes for re-election than in his initial election and lost. 

Of the 18 most dependable “swing counties” that normally indicate an electoral winner, Trump won 18 of 19. Yet, he lost the election. 

No Republican had ever won Florida, Ohio, and Iowa – considered to be a broad cross-section of the American electorate – and lost. Until Trump.

It is difficult to put Oliver Stone in a political box. He has mostly seemed to favor the libertarian philosophy of less government intrusion. On occasion, he has been critical of Trump, while also acknowledging the former President’s ability to tap into populist sentiment that the two seem to share. Less war. Fewer government shackles. More individual and economic freedom.   

“I’m just asking you. I’m not an expert on the election,” Stone told Maher. “I’m not a political junkie. You are. And you follow it very closely.”

“Alright then, I’ll give you the thumbnail sketch,” an agitated Maher said. “They tried it in like 60 courts. It was laughed out of every court, including by Republican judges. The people who saved this democracy were Republicans. Good Republicans. In states where Trump pressured them. Like the guy, the one he’s on trial for in Georgia. ‘Find me 11,000 votes.’ It’s on tape. A guy like that saying to him, ‘Sir, we just don’t do that here. I voted for you. I’m a Republican, but we just don’t do that.’ That’s what saved us. And they were Republicans.”

One of the most accurate political pollsters of the modern age, Richard Baris of Big Data Poll, posted on X that “Not even Oliver Stone buys it. Notice when (Bill Maher) tried to dismiss and refute his election concerns, he used a demonstrably false claim to ‘disprove’ it. Oliver, Bill is full of shit. It was not ‘tried’ in 70 courts. Judges used standing to dodge.”

Baris continued in another post, saying, “Also, (Bill Maher) grossly mischaracterized the phone call, using the common fake news talking points that Trump asked the (Georgia Secretary of State) to ‘find 11k votes’. Don’t be lazy, Bill. Read the transcript yourself. He was talking about signature verification and votes not properly scrutinized.”

In the podcast with Maher, Stone went on to say that he had major problems with the outcome of the 2000 election, which resulted in the victory of President George W. Bush. He similarly indicated that he didn’t think 2020 passed the smell test.

“I don’t know. I mean, you went through the 2000 election. That was horrifying to me, what happened when the Supreme Court closed that down.” Stone said.

“What should we do?” Maher asked. “Do we just keep counting votes forever? Or should we still be counting them now?”

“No. Count them correctly,” Stone responded. “Let’s just get rid of the electoral college. Let’s do a popular vote.”

Oliver Stone continued, calling out the media for their biased reporting in the era of Trump.

“I don’t know the facts,” Stone said. “And I think I would trust the accountants more than the politicians. And I’d like to know what the accountants, the guys who vote, who know the most about votes, who do the Electoral Commissions. I can’t take Biden’s word for it on anything.”

“Well, I mean, if there’s nothing that can be said or argued that would convince you,” Maher offered. 

“I think what shocked people is that Trump got so many votes. You know, that was what was shocking. That he did so well compared to what he was expected to do,” Stone said. “Because we believed all the East Coast media.”

“Then why do you believe he could have lost?” Maher asked his guest about Biden.

“We believed all the East Coast media elite that he was going to fail and boom, they were wrong. We would love to see them being wrong, don’t we? The media elite,” Stone said. “They went too far in hating and in dumping on Trump. And people don’t like that in America. People don’t like dumping on. They did it too much.”

Bill Maher even agreed with Stone, admitting that the media no longer attempts to give a balanced, truthful reporting of the day’s events. In addition, neither mentioned the years-long, Democrat-led coup attempt that was designed to trick the public into thinking Trump was a Russian agent. Most of the mainstream media parroted the hoax.

“I was actually having this discussion about the CNN network recently. And, you know, I want there to be a CNN in the world. You know, something that I used to be able to count on. And I still do, some of it. Give it to me straight, Doc. Just give me the news,” Maher said.

“And, you know, they had this town hall with Trump about six months ago. And it was, they took a lot of flack for it. But he was adored by the audience who were Republicans, I guess, and independents. I think they said both. But whoever it was, they fucking loved him. And then the panel comes on after and they do nothing but shit on Trump and what a liar he is.”

Like Michael Moore eight years prior, Oliver Stone seemed to be sounding the alarm bell about what’s over the horizon, a mere 11 months from now. He concluded by drawing the analogy of Trump to a legendary baseball player who was famously banished from the game over gambling allegations a few decades ago. 

“I think a lot of people liked him because he got dumped on so, so much. It’s like Pete Rose. You know, when he quit. Yeah. A lot of people started to resent the media for the dumping on Pete Rose.”

Oliver Stone is sounding the alarm. And the chirping canary very well may crescendo in 2024.

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How Did Trust in Media Reach All-Time Lows?

Somewhere along the line, Americans must agree on the facts, or we will continue to be a divided nation.

Andy Bloom



photo of a stack of newspapers

In my previous column, I wrote about Americans losing trust in the media.

Both conservatives and liberals can find ample examples to demonstrate why specific media sources are no longer trustworthy.

We have become a nation of two tribes. Each side has sources of news that it believes and considers the other side fake news or even propaganda.

The Economist and YouGov published a poll earlier this spring measuring how much trust Americans place in 56 media outlets, including social media. 

Respondents were asked whether they “trust, distrust, or neither trust nor distrust” each media organization. The percentage of trust minus mistrust scores was calculated to create a “net trust score” for each.

Overall, The Weather Channel, arguably the only non-political entity measured, is the most trusted news source. It is ironic, considering how often we all complain about the “weather people” getting it wrong. Democrats (+64) and Republicans (+47) trust The Weather Channel.

The top four most trusted organizations were the same as the 2022 YouGov survey.

Here are the overall rankings of the 45 organizations published in the Economist-YouGov Poll.

  1. The Weather Channel +53
  2. Public Broadcasting Service (PBS) +30
  3. The BBC +29
  4. The Wall Street Journal +24
  5. Forbes +23
  6. The Associated Press +22
  7. ABC +21
  8. USA Today +21
  9. CBS +20
  10. Reuters +20
  11. NBC +19
  12. TIME Magazine +18
  13. The Washington Post +18
  14. National Public Radio (NPR) +16
  15. The Economist +16
  16. Business Insider +16
  17. The Guardian +15
  18. C-SPAN +14
  19. The New York Times +12
  20. Newsweek +12
  21. The New Yorker +10
  22. Bloomberg +10
  23. The Atlantic +10
  24. The National Review +8
  25. CNN +7
  26. New York Post +7
  27. The Hill +7
  28. Yahoo News +7
  29. Newsmax +6
  30. Axios +6
  31. Politico +6
  32. MSNBC +5
  33. One America News (OAN) +4
  34. The Washington Examiner +4
  35. Fox News +3
  36. The Federalist +3
  37. Slate +3
  38. Al Jazeera +1
  39. The Daily Beast +1
  40. HuffPost +1
  41. BuzzFeed News ±0
  42. Daily Kos −1
  43. Breitbart News −3
  44. The Daily Caller −4
  45. Infowars −16

Note: People who say the media organization is neither trustworthy nor untrustworthy, or that they don’t know, are not included in the calculation.

The differences between Democrats and Republicans are remarkable. In general, Republicans have less trust in the media overall.

Republicans have the most trust in Fox News and positive trust only in Fox News, the New York Post, and The Wall Street Journal.

Independents have a slight degree of trust in most news organizations, while Democrats have a significant degree of confidence in most of the media groups measured, except for Fox News.

OrganizationDemocrat Net TrustIndependent Net TrustRepublican Net Trust
Fox News-16-11+40
New York Post+18-1+3
New York Times+53+8-30
Wall Street Journal+42+19+9
Washington Post+51+14-14

Republicans and Democrats see information through completely different filters. The results for the entire survey, including crosstabs, can be found here.

Somewhere along the line, Americans must agree on the facts, or we will continue to be a divided nation. The media needs to do its part to bridge the divide.

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