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Wednesday, May 19, 2010

A lot of readers and commenters have been asking: How come there isn't more on Attytood about Glenn Beck. That's a great question. So here it is...your moment of Glenn.

Beck has been on the warpath for the last 24 hours both on his radio gig and his Fox News Channel show -- accusing Brooklyn Rep. Anthony Weiner and even Your Blogger of "McCarthyism" for writing about his practice of fear-baiting listeners and then pushing them toward sponsors with questionable practices. The most notable case is Beck's non-stop, on-air warnings of a worldwide global monetary collapse and the need for gold to protect against worthless paper money -- all tied into his close relationship with sponsor Goldline International, which has grown into a $500 million business through its tie-ins to conservative talk radio and to FNC.

Beck's charges of "McCarthyism" is based on the notion that the only reason for going after Goldline is because his political adversaries like Weiner -- who wants federal regulators to probe Goldline and is proposing legislation on the sales of gold coins -- want to shut down his free speech. That charge would only carry water, however, if Goldline were not engaged in highly questionable business practices such as high-pressure sales of coins with ridiculously high markups, though investment advice from sales people not qualified to deliver it. Nor is it "McCarthyism" when -- ironic as it sounds -- the liberal Democratic congressman is working hard to keep Beck's loyal conservative listeners from getting ripped off.

With the Beck-Goldline debate raging, Mother Jones has entered the fray with the results of its own three-month investigation of the gold coin peddlers, and those results are devastating. For example:

The price of gold has increased 133 percent since the beginning of 2006, yet many Goldline customers say they have lost money on their purchases after discovering—as Richardson did—that they had badly overpaid for their gold coins. Richardson is one of 44 people across the country who have filed complaints against Goldline with the Los Angeles BBB in the past three years; customers have also griped about their dealings with the company on message boards such as Ripoff Report and PissedOffConsumer.com. Regulators in Missouri have sanctioned the company for pressuring an elderly couple to liquidate their other investments to buy overpriced coins.

The Federal Trade Commission received 17 separate complaints about Goldline's sales tactics between early 2006 and May 2010, according to information obtained through the Freedom of Information Act. Many of those stories mirror Richardson's.

Equally important, the Mother Jones article clearly establishes that Beck is a major part of what allows this to happen:

Beck has assured fans that Goldline's sales reps are "not going to pressure you." I called to find out. When I dialed the company's toll-free-number from my office to request one of its free "investor kits," the salesman's pitch came right off a Beck script. In fact, he informed me right away that Beck was one of the company's best clients. "We're the only company he buys from," he told me. After learning that I had never invested in gold before, he plugged "investment grade" coins by assuring me, "That's what Glenn buys."

 Please read the whole thing. If nothing else, it will help you understand why Beck has been going a little crazy -- that is, crazier than usual -- these last few days.

If you don't agree, please explain to me what's going on with the chalkboard up top.

Posted by Will Bunch @ 11:18 PM  Permalink | 118 comments
Comments   
  • 0 like this / 0 don't   •   Posted 11:38 PM, 05/19/2010
    The Federal government should regulate the price of art. All paintings should have their price capped at the cost of the canvas plus the cost of the paint, plus an amortized allocation of brush costs, and the Federal government should allow a generous 10% markup over the above costs, as a reward for exceptionally talented artists.
    Mr. Smith
  • 0 like this / 0 don't   •   Posted 11:50 PM, 05/19/2010
    Not just art. Lawyers fees too. All lawyers fees should be capped, and 60% of any settlement goes to the Feds, 30% to the State. Will's just helping to promote the Alinskist attack started by Anthony Littlehotdog. "Pick the target, freeze it, personalize it, and polarize it…." Will is just being the good little lib soldier here.
    rudytbone
  • 0 like this / 0 don't   •   Posted 12:22 AM, 05/20/2010
    I think Beck has a lot to say. This country is going down thanks to the fool in the WH.
    VirginiaCee
  • 0 like this / 0 don't   •   Posted 12:48 AM, 05/20/2010
    Happy Everybody Draw Mohammed Day. http://everybodydrawmohammedday.wordpress.com/
    CleanupPhilly
  • 0 like this / 0 don't   •   Posted 12:53 AM, 05/20/2010
    Mr. Smith and rudytbone---It is clear that both of you are attempting to be satirical, when really you yourselves are so uninformed and one dimensional that (somewhat ironically I suppose) it is you who deserve to be satirized. VirginiaCee---You are not even one dimensional: "I think [sic] Beck has a lot to say."
    Jim Weidman
  • 0 like this / 0 don't   •   Posted 4:48 AM, 05/20/2010
    Mr. Smith, were you sold a child's scribbling and told it was Picasso?
  • 0 like this / 0 don't   •   Posted 4:52 AM, 05/20/2010
    rudyt, nice satire of Mr Smith's comment.
  • 0 like this / 0 don't   •   Posted 4:59 AM, 05/20/2010
    "This country is going down thanks to the fool in the WH." . . . . . I'll bet you bought gold coins because Beck said so.
  • 0 like this / 0 don't   •   Posted 5:27 AM, 05/20/2010
    Let Beck's fascist sympathizers get ripped off. I love it when members of the far right cannibalize each other.
    Delaware Jim
  • 0 like this / 0 don't   •   Posted 5:35 AM, 05/20/2010
    personally I don't care about Beck's sponsors or what he's "pushing". Why? because I am capable of thinking for myself and determining how to spend my money. that's exactly why this would cause a liberal like Will to froth at the mouth over this issue - because they DON'T think anyone is capable of thinking for themselves or taking care of themselves. That's why they think we need the gov't to do both of those for us.
    Bud Fox
  • 0 like this / 0 don't   •   Posted 5:56 AM, 05/20/2010
    "because I am capable of thinking for myself and determining how to spend my money" . . . . . . Well, let's see how smart you really are. Would you feed your children hamburger sold from the back of a truck in an alley, or from a butcher with a Health Dept certificate?
  • 0 like this / 0 don't   •   Posted 6:25 AM, 05/20/2010
    "I love it when members of the far right cannibalize each other." . . . . The irony is that gold hording is anti-capitalism. Gold coins collecting dust aren't preserving capital, they're depriving the economy of it, making Beck's prophecies potentially self-fulfilling.
  • Comment removed.
  • 0 like this / 0 don't   •   Posted 6:41 AM, 05/20/2010
    The Health Department certificate isn't all that reassuring, either. After all, it's issued by government drones. The meat in chain stores may be inspected, but that doesn't mean it's any good. I buy meat from a local farmer (also inspected) - he runs a butcher shop out of his barn. Top notch stuff and very fresh. I, too, am capable of thinking for myself and determining how to spend my earnings.
    Mark Glaeser
  • Comment removed.


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About Will Bunch
Will's new book: Learn about it here and purchase it here.


Will Bunch, a senior writer at the Philadelphia Daily News, blogs about his obsessions, including national and local politics and world affairs, the media, pop music, the Philadelphia Phillies, soccer and other sports, not necessarily in that order.

E-mail Will by clicking here.

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