Posted on 11/10/2025 1:11:48 PM PST by DFG
FRANKLIN, TN — Financial consultant and radio host Dave Ramsey was reported to be in critical condition Monday after learning that President Donald Trump had begun pushing a 50-year home mortgage.
According to sources, Ramsey collapsed at his desk after reading a Truth Social post from Trump in which he pushed the concept of a 50-year home mortgage to combat the growing housing crisis.
"It was a sudden shock he wasn't able to handle," one person close to Ramsey's family said. "Just the word 'mortgage' is usually enough to cause adverse effects on Dave. The president pushing for a 50-year mortgage, however, was just more than he could bear."
Ramsey was rushed to the hospital after suffering what was suspected to have been a major cardiac event from seeing such terrible economic policy. After regaining consciousness, he condemned the president for not following his envelope method.
"You can't spend money you don't have, even if it's stretched out over 50 years. Sure, you'll be able to afford the monthly payment, but you'll never be out of debt. Ever!" Ramsey said from his hospital bed. Nurses later gave him a sedative and asked reporters to leave him alone.
Ramsey's wife asked for prayers for her husband and for Trump, that the Lord work on his heart and change his economic policy. "I love the president, but he's clearly trying to kill my husband," Sharon Ramsey said. "I told Dave to stay off Truth Social, but he didn't listen."
At publishing time, Dave Ramsey had been discharged from the hospital and was able to pay his bill in full with an envelope full of cash.
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😂😂😂😂😂
If people want to know what I look like, I resemble Dave Ramsey very much...........
50 year mortgage is as bad as a 30 if you don’t apply extra principle payments to the mortgage.
I look like Brad Pitt.
A fixed home mortgage rate of about 3% would do wonders for him.
Wilford Brimley’s thinner brother here.
Eat your oats - it’s the right thing to do.
Yeah I dont know if this whole 50 yr mortgage thing is a good idea, heck what do I know
If you are going to get a 50 year mortgage, you may as well just rent.
At least you aren’t Euell Gibbons.
I don’t know. A 50-year mortgage could be argued that it’s like renting with a guarantee that the rent payment doesn’t rise for 50 years.
My appearance changes. But anyone married to a beautiful actress, that was me. They are such trouble.
I used to.................🙄
you can get that with 15 or 30 year mortgages and the interest paid over the term will be way less.
Unless taxes and property taxes are included in an escrow account. Then you KNOW it’s going to rise.
FYI. In Japan………,
Historical context: These long-term mortgages were a part of the period of excessive credit and rising real estate prices before the collapse of Japan’s financial system in the early 1990s.
Families have to help each other more. The time of being 18 and independently is very nearly impossible now in many places.
I suspect Ramsey's getting a good laugh as well.
1) A young married couple in their late 20's buys a home with a 50-year mortgage with the monthly payment within their budget.
2) As they gain more work experience and make more, they either pay extra on principal or put the extra in an investment account designated to pay off the mortgage early. (The idea being that you can get a higher rate of return on investing even in a simple S&P 500 index fund than the interest rate of the mortgage. So you can pay off the mortgage quicker by investing the extra.)
3) In the end it's a 20 or 25 year mortgage.
“50 year mortgage is as bad as a 30 if you don’t apply extra principle payments to the mortgage.”
It can be MUCH better than either if you do.
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