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The Water Cooler
See other The Water Cooler Articles

Title: Is Glenn Beck Peddling Overpriced Gold?
Source: CBS NEWS
URL Source: http://www.cbsnews.com/8301-503544_162-20005295-503544.html
Published: May 19, 2010
Author: CBS NEWS
Post Date: 2010-05-19 11:51:59 by Brian S
Keywords: None
Views: 2014
Comments: 22

Rep. Anthony Weiner Hits Glenn Beck, Goldline for "Unholy Alliance" to Sell Gold

Rep. Anthony Weiner today criticized precious metal dealer Goldline, Inc. for using what a release from his office described as "aggressive sales tactics, conservative spokespeople and rhetoric to sell over-priced gold coins to unsuspecting consumers."

Goldline is associated with talk radio and Fox News host Glenn Beck, who has often mentioned it on his Fox show and radio program. Goldline is also sponsor of the radio show.

Weiner accused Beck and other conservative spokespeople (among them Mark Levin and Fred Thompson) of using "their shows to prey on the public's fears of inflation and socialist takeovers while actively promoting the purchase of gold coins as insurance against this purported government overreach."

"Simply put, Goldline is little more than a gold peddler posing as an investment advisor, an unfortunate byproduct of the Tea Party movement," Weiner's office said.

Weiner has released a report detailing what he calls Beck and Goldline's use of "tall tales about the future of gold" to sell gold coins. In it, he says Goldline "grossly overcharges" for coins and "formed an unholy alliance with conservative pundits to drive a false narrative" that they are a good investment.

On his radio show today, Beck said he "loves" Goldline and added that "this is again another arm of this administration coming out to try to shut me down." He evoked McCarthyism and suggested Weiner's charges are baseless.

"I'm really interested to see how I'm bilking, how I'm bilking people," he said. "I'm really interested to see because I personally -- because this is what they're saying, that I'm playing on fear and trying to get people to buy. I personally, personally have more than 10% of my savings in gold...If I'm such a scam artist, why would I be scamming myself?"

Goldline is one of many gold sellers who have advertised on Beck's Fox show, though it is currently the exclusive gold sponsor. Beck has suggested that gold could offer protection in the event of "the end of the almighty dollar."

Weiner, who is on the House Subcommittee on Commerce, Trade and Consumer Protection, says Beck "should be ashamed of himself." He has written letters to the SEC and FTC asking them to investigate Goldline and is proposing legislation to force the company to "fully disclose their dishonest business practices" by showing consumers "their astronomical markups, and deceitful promises of profitability."

Goldline president and CEO Mark Albarian told Politico that Weiner "doesn't get" his business.

"It feels like it's politically motivated in that neither the Congressman nor anybody from his office ever contacted executives form the company to really ask the important questions that they need to ask to understand this business," he said.

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#1. To: Brian S (#0)

Is Glenn Beck Peddling Overpriced Gold?

YES!

The man is a monster - public enemy number one!!!

PUT HIM IN JAIL!!!!

If I could, I would.
But I can't, so I won't.

Ignore Amos  posted on  2010-05-19   11:56:05 ET  Reply   Trace   Private Reply  


#2. To: Brian S (#0)

Political persecutions by elected officials are extremely dangerous. Especially when its motivated because the elected official doesn't like a citizens exercising of free speech.

This is getting way out of hand by the Democrats. If they can do this to a talk show host, they can do it to anyone one of us.

In fact, as we've been seeing, the Democrats and this Aministration in particulare are keenly interested in regulating political forums on the internet.

And these are the same one's that screeched Bush was 'violating their civil rights'?

For approximately 72K, BP Oil bought Owe-bama. And as President, he let them Spill, Baby, Spill! Its documented.

Badeye  posted on  2010-05-19   12:06:43 ET  Reply   Trace   Private Reply  


#3. To: Badeye (#2) (Edited)

This is getting way out of hand by the Democrats. If they can do this to a talk show host, they can do it to anyone one of us.

This is getting way out of hand by the Democrats GOP. If they can do this to a talk show host country western band, they can do it to anyone one of us.

#67. To: war (#48) Keep hiding behind the bozo, bozo. (laughing) You've always been a world class pussy. Badeye posted on 2010-01-14 16:12:48 ET Reply Trace

war  posted on  2010-05-19   12:11:06 ET  Reply   Trace   Private Reply  


#4. To: Boofer (#2) (Edited)

In fact, as we've been seeing, the Democrats and this Aministration in particulare [sic] are keenly interested in regulating political forums on the internet.

????????????????????????

Gezus fuck Boof...you just cannot help yourself can you?

#67. To: war (#48) Keep hiding behind the bozo, bozo. (laughing) You've always been a world class pussy. Badeye posted on 2010-01-14 16:12:48 ET Reply Trace

war  posted on  2010-05-19   12:12:55 ET  Reply   Trace   Private Reply  


#5. To: war (#3)

This is getting way out of hand by the Democrats GOP. If they can do this to a talk show host country western band, they can do it to anyone one of us.

If you can get your head out of Obama's ass, could you get around to providing a link to show what ELECTED OFFICIAL called for anything to financially hurt the Dixie Chicks?

Thanks!

If I could, I would.
But I can't, so I won't.

Ignore Amos  posted on  2010-05-19   12:22:15 ET  Reply   Trace   Private Reply  


#6. To: Ignore Amos (#5)

If you can get your head out of Obama's ass, could you get around to providing a link to show what ELECTED OFFICIAL called for anything to financially hurt the Dixie Chicks?

We're they peddling gold too?

Skip Intro  posted on  2010-05-19   12:42:42 ET  Reply   Trace   Private Reply  


#7. To: Skip Intro (#6)

We're they peddling gold too?

Ask w.a.r.

He's the one that brought them into the discussion.

If I could, I would.
But I can't, so I won't.

Ignore Amos  posted on  2010-05-19   12:45:56 ET  Reply   Trace   Private Reply  


#8. To: Ignore Amos (#5)

called for anything to financially hurt the Dixie Chicks?

Who?

(roaring with laughter)

The irony of my anti groupie whining about the now forgotten Dixie Chicks is back in 2003 when lard ass Fat Nat Maines opened her mouth in London is he (anti groupie) asserted a million times 'no harm would come from any boycott of the Dixie Chicks'.

Him, a loser known as JJ Brower, a couple of others. Here we are, seven years later, and their career is as over as Robert Palmer's.....(chuckle)

For approximately 72K, BP Oil bought Owe-bama. And as President, he let them Spill, Baby, Spill! Its documented.

Badeye  posted on  2010-05-19   13:11:33 ET  Reply   Trace   Private Reply  


#9. To: Badeye (#8) (Edited)

Here we are, seven years later, and their career is as over as Robert Palmer's.....(chuckle)

Apparently not as over as your failed company, Boofer (chuckle).

Skip Intro  posted on  2010-05-19   13:18:17 ET  (1 image) Reply   Trace   Private Reply  


#10. To: Skip Intro (#6)

Dixie Chicks top South Carolina legislature’s priority list By Soundspike Staff Mar 19, 2003 11:00 PM In the midst of a highly controversial U.S.-led war in the Middle East, the ongoing threat of domestic terrorism, crippling cutbacks in state and federal budgets and a South Carolinian unemployment rate of 6.3 percent, South Carolina legislators on Wednesday (3/19) found time to pass a resolution that calls for the Dixie Chicks to apologize for singer Natalie Maines’ recent anti-Bush remark by giving a free concert in South Carolina.

Republican state Rep. Catherine Ceips introduced the resolution, the AP reports.

We weep for the citizens of South Carolina.

In the midst of a highly controversial U.S.-led war in the Middle East, the ongoing threat of domestic terrorism, crippling cutbacks in state and federal budgets and a South Carolinian unemployment rate of 6.3 percent, South Carolina legislators on Wednesday (3/19) found time to pass a resolution that calls for the Dixie Chicks to apologize for singer Natalie Maines’ recent anti-Bush remark by giving a free concert in South Carolina.

Republican state Rep. Catherine Ceips introduced the resolution, the AP reports.

"Phone calls originating from Republican Party headquarters in Washington went out to country stations, urging them to remove the Chicks from their playlists….The 'alternative concert' [to the Dixie Chicks' tour opener]…is actually the work of the South Carolina Republican Party….and party officials are helping promote the concert….We received a call from 'Gallagher's Army,' urging us to support the alternative concert. Caller ID backtraced the call to South Carolina GOP headquarters."

#67. To: war (#48) Keep hiding behind the bozo, bozo. (laughing) You've always been a world class pussy. Badeye posted on 2010-01-14 16:12:48 ET Reply Trace

war  posted on  2010-05-19   13:32:07 ET  Reply   Trace   Private Reply  


#11. To: war (#10)

Facts don't matter to Boofer, but you already know that.

Skip Intro  posted on  2010-05-19   13:33:41 ET  Reply   Trace   Private Reply  


#12. To: Badeye (#8)

Here we are, seven years later, and their career is as over as Robert Palmer's.....(chuckle)

the Chicks, who won five Grammys for their 2006 album, Taking the Long Way....

Let's see. Boofer Math. 2010 - 2006 = 7 (chuckle).

Skip Intro  posted on  2010-05-19   13:44:50 ET  Reply   Trace   Private Reply  


#13. To: w.a.r. (#10) (Edited)

So a call by a STATE REP for private citizens to apologize . . .

. . . is the same as a call from a US CONGRESSMAN to cause financial pain for a private citizen he disagrees with.

Only in the bizarro world of w*a*r*

If I could, I would.
But I can't, so I won't.

w*a*r* = *wacky assed retard

Ignore Amos  posted on  2010-05-19   13:45:46 ET  Reply   Trace   Private Reply  


#14. To: Ignore Amos (#13)

This is one of those stories that are fun to play 'If Bush did this!'.

The media would be going INSANE. Rightly so.

That the media isn't is the tale of the tape.

For approximately 72K, BP Oil bought Owe-bama. And as President, he let them Spill, Baby, Spill! Its documented.

Badeye  posted on  2010-05-19   13:50:00 ET  Reply   Trace   Private Reply  


#15. To: Badeye (#14) (Edited)

That the media isn't is the tale of the tape.

I imagine the real media (Fox, talk radio, etc.) will be all over this.

As far as the faux media (a.k.a. the DNC/Whitehouse fax machine a.k.a. the NYTIMESWASHPOSTCNNCBSNBCAMC) . . . ?

Who cares?

If I could, I would.
But I can't, so I won't.

w*a*r* = *wacky assed retard

Ignore Amos  posted on  2010-05-19   13:54:40 ET  Reply   Trace   Private Reply  


#16. To: Skip Intro (#12) (Edited)

Let's see. Boofer Math. 2010 - 2006 = 7 (chuckle).

Surprised? 41 versus 59 was an overwhleming defeat for Obama...

#67. To: war (#48) Keep hiding behind the bozo, bozo. (laughing) You've always been a world class pussy. Badeye posted on 2010-01-14 16:12:48 ET Reply Trace

war  posted on  2010-05-19   13:55:45 ET  Reply   Trace   Private Reply  


#17. To: Ignore Amos (#15)

I imagine the real media (Fox,

You mean Beck's employer will support their employee?

Skip Intro  posted on  2010-05-19   13:59:53 ET  Reply   Trace   Private Reply  


#18. To: Ignore Amos (#15)

Beck hit it head on yesterday, and mentioned it again today. I think Rush mentioned it in passing.

I'm sure OReilly will bring it up next time Beck's on his show.

For approximately 72K, BP Oil bought Owe-bama. And as President, he let them Spill, Baby, Spill! Its documented.

Badeye  posted on  2010-05-19   14:01:45 ET  Reply   Trace   Private Reply  


#19. To: Badeye (#18)

Beck hit it head on yesterday, and mentioned it again today. I think Rush mentioned it in passing.

I'm sure OReilly will bring it up next time Beck's on his show.

Let's see if we can outline your typical day, according to you.

You post all day, you listen to talk radio all day, and you watch Fox all day.

So when do you actually do any work? Ever?

Skip Intro  posted on  2010-05-19   14:07:58 ET  Reply   Trace   Private Reply  


#20. To: Brian S (#0)

In other news, Fox News Panic: Glenn Beck Loses 50% Of Viewers.

http://www.freerepublic.com/focus/f-bloggers/2516826/posts

Skip Intro  posted on  2010-05-19   14:49:15 ET  Reply   Trace   Private Reply  


#21. To: Badeye (#2)

Political persecutions by elected officials are extremely dangerous. Especially when its motivated because the elected official doesn't like a citizens exercising of free speech.

The reporter that asked Crist those questions would be the exception of course.

Oh my god..... are there any of Badeye's favorites that aren't being persecuted at this time? He's a walking bad JUJU spreader.

Making the world safe for United Fruit.

mininggold  posted on  2010-05-19   15:09:13 ET  Reply   Trace   Private Reply  


#22. To: mininggold (#21)

The reporter that asked Crist those questions would be the exception of course.

I have absolutely no idea what you are referencing here. Hence I can't respond beyond noting I don't have any idea what it is you are talking about.

For approximately 72K, BP Oil bought Owe-bama. And as President, he let them Spill, Baby, Spill! Its documented.

Badeye  posted on  2010-05-19   15:50:51 ET  Reply   Trace   Private Reply  


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