June 19, 2013

Fox News Axes Dave Ramsey

Dave Ramsey

Dave Ramsey’s prime time show on Fox Business News is being canceled.

Almost everyone knows Dave Ramsey and his Financial Peace University, headquartered on Mallory Lane in Cool Springs.  If you’ve been living on Mars, Dave Ramsey is known for preaching that people pay cash for everything and don’t use credit cards.

A source from Wall St. Cheat Sheet reports:

“He possessed the lethal combination of lacking the charisma and warmth to carry his own television show combined with the delusional arrogance to think he was the next Dr. Phil.”

Yikes!  Not exactly friendly parting words.

Eric Bolling, former Wall Street trader and CNBC contributor, will be taking over Dave Ramsey’s 8m hour long time slot.

“Eric’s ability to boil down complex financial issues to expose their real-world implications makes him the ideal choice to strengthen Fox Business New’s prime-time lineup,” Fox Business Chief Executive Roger Ailes said in a statement.

Ramsey might continue to appear occasionally on Fox Business News through the rest of his contract, which expires this year.

Dave Ramsey's mansion in Cool Springs

Stay tuned for a follow story on Dave Ramsey’s new 13,307 square foot mansion in Cool Springs, next door to Lee Ann Rimes house on King Richards Court.