Robert Kiyosaki Is Smart Because Oprah Says He Is

Robert Kiyosaki, author of the bestselling “Rich Dad, Poor Dad” series, is bringing his version of Brother Love’s Traveling Salvation Show to the South Florida on a two-day five stop tour to tell the masses of how to become rich in real estate.

Yes, that’s right you can learn how to pick yourself up out of the hood and move to the big deluxe condo in the sky just like George and Weezie in a matter of weeks.

Before you get too excited about Robert Kiyosaki personally motivating you to pick yourself up by the boot straps, you need to know that he won’t be attending.  Like the episode of the Simpsons where Krusty the Klown starts a Clown College so local Krusty surrogates can attend in his place, Kiyosaki is sending surrogates to the events in Boca Raton, Coral Gables and Miami.

If you go, Kiyosaki guarantees you will learn how to:

• Find properties to boost CASH FLOW
• Use real estate to build wealth – in any market condition
• Turn foreclosure investments into financial gains

Here’s what the critics are saying about Kiyosaki and Rich Dad, Poor Dad

Real Estate Expert John T. Reed says:

“Rich Dad, Poor Dad is one of the dumbest financial advice books I have ever read. It contains many factual errors and numerous extremely unlikely accounts of events that supposedly occurred. Kiyosaki is a salesman and a motivational speaker. He has no financial expertise and won’t disclose his supposed real estate or other investment success. Rich Dad, Poor Dad contains much wrong advice, much bad advice, some dangerous advice, and virtually no good advice.”

Rob Walker of Slate says:

“A good chunk of what’s actually in the book is self-help boilerplate.”

“…the no-nonsense prose is apparently convincing enough to blot out the nonsense.”

Steve Cannane writes:

“The likes of Kiyosaki seems to assert those at the bottom deserve their failure. One of his sayings is “Winners are not afraid of losing, but losers are.” But for a fee he’ll show you how to drag your sorry arse out of the ghetto of mediocrity.”

Kiyosaki filed for Chapter 7 bankruptcy protection last fall after losing a nearly $24 million court judgment from one his earliest financial backers, The Learning Annex. According to the New York Post,  “The Learning Annex was responsible for arranging the speaking engagements and platform that led to his massive success. Apparently, the fame went to his head because according to court papers never paid the Annex its rightful share.”

Learning Annex Chairman Bill Zanker, “Oprah believed in him, and Will Smith believed in him, but he didn’t keep his promise to us.”

Kiyosaki has also come under fire making up the story of “Rich Dad” to sell books. Kiyosaki tells Smart Money that he died in 1992.  He then says in the same interview that Rich Dad is alive and reclusive invalid. He later admits Rich Dad is a composite of several people and compares Rich Dad to Harry Potter, “Is Harry Potter real? Why don’t you let Rich Dad be a myth, like Harry Potter?”

These comments led John T. Reed to conclude:

“So I guess the final word is that Rich Dad is as real as Harry Potter. I suppose that, in turn, means that the way to become financially independent is to get a magic wand—or to write book about fictional characters who did.”

At least Tom Vu had a more believable story and bikini babes playing backgammon: