Beck has been targeted by a gauntlet of "boycotts" called by various Obami and fellow crawlers. Fox and Beck are doing a land-office business after everything thrown at them.
Weiner is using his power as a member of the House Subcommittee on Commerce, Trade and Consumer Protection to target Goldline in particular, and gold retailers in general, for new legislation.
“Goldline rips off consumers, uses misleading and possibly illegal sales tactics, and deliberately manipulates public fears of an impending government takeover – this is a trifecta of terrible business practices,” said Weiner. He said a December report in POLITICO report prompted his scrutiny of Goldline.
“This industry goes beyond Goldline, but the Goldline circle has been particularly cynical in its cultivation of these conservative commentators,” he said. “There are two industries that are intertwined here in this cynical play: the media industry and the online gold industry, and there is a lot of blame to go around.”
What Weiner seems to resent is the marketing of precious metals as a hedge against inflation, which is all I've ever heard Beck represent he personally holds them to be during his commercials. Beck smells a rat.
“This is incredible. This is incredible,” he said. “This is again another arm of this administration coming out to try to shut me down,” he alleged, calling Weiner and the Obama administration “monsters” and the report a return to the “McCarthy era.”Actually, it's far worse. McCarthy did not target legal businesses.
Other conservative radio programs are sponsored by gold retailers, too. Mark Levin's is one.
Beck noted that Weiner's new press-boy is a Media Mutters alumni.
Levin, a rival radio host, in an email to POLITICO blasted Weiner as “a grandstanding leftist” and said of his report “there's nothing here but Weiner's self-serving assertions.”
Weiner claims that Goldline's prices are exorbitant as compared to the "melt value" of metallic gold of the same weight. What he does not say is that people may find some utility in purchasing small lots of gold on-line from an outfit they feel they can trust. Apparently, Weiner's "report" did not bother to look very deep.
“It feels like it’s politically motivated in that neither the Congressman nor anybody from his office ever contacted executives form [sic] the company to really ask the important questions that they need to ask to understand this business,” said Albarian [Goldline CEO], adding Weiner “doesn’t get” the gold retail business. The congressman’s report, Albarian asserted, seems driven by “our relationship with Glenn Beck, which we are very happy with.”Politico seemed far from neutral in its reportage on this:
Beck, who has taken to comparing the state of the U.S. economy to that of modern day Zimbabwe or pre-Hitler Germany, has been urging his devotees to invest in gold, and bragging about his own gold investments, since at least 2008.
Only if by INVESTING you mean taking a hedge position against inflation, and if by BRAGGING you mean relating that he holds gold for that purpose. If Politico writers listened, they'd have heard Beck say he DOES NOT suggest listeners buy gold for appreciation.
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