Anthony Weiner Attacking Glenn Beck And America's Best Company, Goldline

If you appreciate journalistic ethics, then surely you are aware of the most ethical moment of every day's journalism, when Glenn Beck spends a 15-minute segment crying and jumping and screaming about how Obama could finish destroying the American economy any day now, rendering the dollar worthless, after which Beck appears in the first commercial as a spokesman for Goldline. It's not just Beck, of course. Pick any right-wing radio show and you have the same situation. But Rep. Anthony Weiner has a problem with this fine practice and with the Goldline company in general. Is it nowillegalin American capitalism to scare average folks into shorting American capitalism for fake prices?

Talk show host Glenn Beck and Goldline International, a California-based gold retailer, have colluded to use fear mongering tactics to bilk investors, according to a stinging report issued Tuesday by Rep. Anthony Weiner (D-N.Y.).

The report alleges that Goldline grossly overcharges for the gold coins that constitute the bulk of its business, uses misleading sales techniques and takes advantage of fears about President Barack Obama’s stewardship of the economy – which are stoked by its stable of paid conservative endorsers including Beck, Mark Levin, Laura Ingraham and Fred Thompson – “to cheat consumers.” [...]

In a statement accompanying the report, Weiner said “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.”

Yeah yeah yeah what do you know, Weiner. Have you ever run a comically trashy if not illegal international gold & silver business? It is a trifecta of Profit.

[ POLITICO ]