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Goldline and Glenn Beck Thieves Rate Topic: -----

#1 User is offline   pundit-hater 

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Posted 29 July 2010 - 08:54 AM

The anatomy of a scam:

http://www.ritholtz....neGlennBeck.jpg

"Customer loses 42% of their investment instantly."


If Beck wasn't making his goodies as a lying political commentator, he'd be selling cheap costume crosses for $1,000 a pop. His best pictures would have bars in front of his crying face.

What a douchebag.

Bob
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#2 User is offline   pundit-hater 

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Posted 29 July 2010 - 09:21 AM

Jeebus, my computer's lagging and throwing up text after the fact, so to speak. Please fix the title - should be "Goldline and GLenn Beck."

Yeesh.
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#3 User is offline   hi_ 

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Posted 29 July 2010 - 11:43 AM

Clearly a massive redistribution of wealth: from the stupid and paranoid, probably not too rich, to the extremely rich.

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Posted 29 July 2010 - 12:37 PM

View Posthi_, on 29 July 2010 - 09:43 AM, said:

Clearly a massive redistribution of wealth: from the stupid and paranoid, probably not too rich, to the extremely rich.


Too good of a statement.
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#5 User is offline   maxanne 

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Posted 29 July 2010 - 02:39 PM

View Posthi_, on 29 July 2010 - 12:43 PM, said:

Clearly a massive redistribution of wealth: from the stupid and paranoid, probably not too rich, to the extremely rich.


Yes. Instead of "trickle down" we can call it "throwing up."
The louder he talked of his virtue, the faster we counted our spoons. ~ Ralph Waldo Emerson
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#6 User is offline   LeafGreen 

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Posted 29 July 2010 - 02:41 PM

Beck's followers habitually buy his snake oil. They are his natural victims. But of course they have been told Obama is to blame.
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#7 User is offline   Mark 

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Posted 29 July 2010 - 05:19 PM

Lol. Face it Bob. The left could really give a shit about Goldline. All they want to do is distance any advertiser from Beck. After Goldline and Beck part ways, the left will start a smear campaign against the next advertiser that dares to back Beck.

This is a warning shot to them all. Don't pour advertising money into Beck's show, or you'll be next.
The whole aim of practical politics is to keep
the populace alarmed (and hence clamorous to be
led to safety) by menacing it with an endless
series of hobgoblins, all of them imaginary.
- H. L. Mencken

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

---Ludwig Von Mises


*The generic term "liberals" include the vast majority of a segment of the population that generally holds the same beliefs and convictions. It doesn't include every liberal, but includes most of them.

Anyone who insists on placing the blame, or even half the fault, on the minority party over 7 years, personifies the term "partisan". Scott Lee
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#8 User is offline   Second_AoJ 

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Posted 29 July 2010 - 05:22 PM

View PostMark, on 29 July 2010 - 03:19 PM, said:

Lol. Face it Bob. The left could really give a shit about Goldline. All they want to do is distance any advertiser from Beck. After Goldline and Beck part ways, the left will start a smear campaign against the next advertiser that dares to back Beck.

This is a warning shot to them all. Don't pour advertising money into Beck's show, or you'll be next.


The irony is that the people who were scammed will actually think the way you do and repeat the same errors in the future. All the while, they are certain it's the librulz' fault.

You really are amazing.
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Posted 29 July 2010 - 05:26 PM

View PostMark, on 29 July 2010 - 06:19 PM, said:

Lol. Face it Bob. The left could really give a shit about Goldline. All they want to do is distance any advertiser from Beck. After Goldline and Beck part ways, the left will start a smear campaign against the next advertiser that dares to back Beck.

This is a warning shot to them all. Don't pour advertising money into Beck's show, or you'll be next.
Mark, unless you can PROVE that "the liberals," as a group, "don't give a shit about Goldline," then your argument is flawed from the get go. Please stop with the sweeping generalizations and try citing some facts.



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#10 User is offline   Mark 

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Posted 29 July 2010 - 05:32 PM

View PostSecond_AoJ, on 29 July 2010 - 05:22 PM, said:

View PostMark, on 29 July 2010 - 03:19 PM, said:

Lol. Face it Bob. The left could really give a shit about Goldline. All they want to do is distance any advertiser from Beck. After Goldline and Beck part ways, the left will start a smear campaign against the next advertiser that dares to back Beck.

This is a warning shot to them all. Don't pour advertising money into Beck's show, or you'll be next.


The irony is that the people who were scammed will actually think the way you do and repeat the same errors in the future. All the while, they are certain it's the librulz' fault.

You really are amazing.


Ask yourself one question Second. Why Goldline? Why now? Honestly answer that question, then you'l have the reason that the left is now attacking the company. BTW, if every other company that sells gold does it in the same way as Goldline, why focus on them?
The whole aim of practical politics is to keep
the populace alarmed (and hence clamorous to be
led to safety) by menacing it with an endless
series of hobgoblins, all of them imaginary.
- H. L. Mencken

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

---Ludwig Von Mises


*The generic term "liberals" include the vast majority of a segment of the population that generally holds the same beliefs and convictions. It doesn't include every liberal, but includes most of them.

Anyone who insists on placing the blame, or even half the fault, on the minority party over 7 years, personifies the term "partisan". Scott Lee
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Posted 29 July 2010 - 05:35 PM

[Admin]


Mark,

When I said you need to tone down the sweeping generalizations about "the left," I meant it. This is a lefty forum and we don't want people here bashing us and making sweeping generalizations that they are unable to (or refuse to) back up with cited sources. Please stop.


[/Admin]



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#12 User is offline   Second_AoJ 

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Posted 29 July 2010 - 05:41 PM

View PostMark, on 29 July 2010 - 03:32 PM, said:

View PostSecond_AoJ, on 29 July 2010 - 05:22 PM, said:

View PostMark, on 29 July 2010 - 03:19 PM, said:

Lol. Face it Bob. The left could really give a shit about Goldline. All they want to do is distance any advertiser from Beck. After Goldline and Beck part ways, the left will start a smear campaign against the next advertiser that dares to back Beck.

This is a warning shot to them all. Don't pour advertising money into Beck's show, or you'll be next.


The irony is that the people who were scammed will actually think the way you do and repeat the same errors in the future. All the while, they are certain it's the librulz' fault.

You really are amazing.


Ask yourself one question Second. Why Goldline? Why now? Honestly answer that question, then you'l have the reason that the left is now attacking the company. BTW, if every other company that sells gold does it in the same way as Goldline, why focus on them?


I didn't keep up with the Glenn Beck/Goldline issue. I have mentioned (several times, although since I don't come on here that often I don't mind repeating myself) before that I do not keep up with mainstream news from opinion sites like the Huffington Post. However, I have noticed that whenever someone points to racist elements of the tea party, your first defense is that the ones "pretending" to be racists are actually liberals trying to smear the TP movement. You're doing it again here.

Aeon and I are part of the "left," but I understand what you mean is the American left.

This post has been edited by Second_AoJ: 29 July 2010 - 05:42 PM

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#13 User is offline   Mark 

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Posted 29 July 2010 - 05:45 PM

View PostTreeHugger, on 29 July 2010 - 05:35 PM, said:

[Admin]


Mark,

When I said you need to tone down the sweeping generalizations about "the left," I meant it. This is a lefty forum and we don't want people here bashing us and making sweeping generalizations that they are unable to (or refuse to) back up with cited sources. Please stop.


[/Admin]


If the lefties don't like(or won't admit to) the truth, this ain't much of a site.

http://www.huffingto...c_n_388362.html

http://motherjones.c...cks-gold-fetish

http://newsfeed.time...-war-over-gold/


BTW, if investing in coins/gold is such a scam, maybe people should be pointing fingers at the U.S. mint. Try buying "proof" coins or "uncirculated" coins and see how much over face value you'll pay for those.

Hmm. I wonder what people would say if the U.S. mint advertised with Beck? Lol.

View PostSecond_AoJ, on 29 July 2010 - 05:41 PM, said:

View PostMark, on 29 July 2010 - 03:32 PM, said:

View PostSecond_AoJ, on 29 July 2010 - 05:22 PM, said:

View PostMark, on 29 July 2010 - 03:19 PM, said:

Lol. Face it Bob. The left could really give a shit about Goldline. All they want to do is distance any advertiser from Beck. After Goldline and Beck part ways, the left will start a smear campaign against the next advertiser that dares to back Beck.

This is a warning shot to them all. Don't pour advertising money into Beck's show, or you'll be next.


The irony is that the people who were scammed will actually think the way you do and repeat the same errors in the future. All the while, they are certain it's the librulz' fault.

You really are amazing.


Ask yourself one question Second. Why Goldline? Why now? Honestly answer that question, then you'l have the reason that the left is now attacking the company. BTW, if every other company that sells gold does it in the same way as Goldline, why focus on them?


I didn't keep up with the Glenn Beck/Goldline issue. I have mentioned (several times, although since I don't come on here that often I don't mind repeating myself) before that I do not keep up with mainstream news from opinion sites like the Huffington Post. However, I have noticed that whenever someone points to racist elements of the tea party, your first defense is that the ones "pretending" to be racists are actually liberals trying to smear the TP movement. You're doing it again here.

Aeon and I are part of the "left," but I understand what you mean is the American left.


Well? Does my assertion stand to reason? Would this stink about Goldline have come up, if the firm wasn't advertising with Beck?
The whole aim of practical politics is to keep
the populace alarmed (and hence clamorous to be
led to safety) by menacing it with an endless
series of hobgoblins, all of them imaginary.
- H. L. Mencken

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

---Ludwig Von Mises


*The generic term "liberals" include the vast majority of a segment of the population that generally holds the same beliefs and convictions. It doesn't include every liberal, but includes most of them.

Anyone who insists on placing the blame, or even half the fault, on the minority party over 7 years, personifies the term "partisan". Scott Lee
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Posted 29 July 2010 - 05:49 PM

As I said before, this is not a site to bash liberals or make sweeping generalizations about us. If you can't refrain from doing that, at least most of the time, then it's going to become an issue. Again, I formally ask that you stop.



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#15 User is offline   hi_ 

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Posted 29 July 2010 - 06:23 PM

Mark the administrators have been asking you for years to be less of an aggressive loudmouthed dumbass suffering from a victimization complex, and apparently it has only been getting progressively worse. The fact that you've never been disciplined for it in any would could perhaps be turned into a good conservative argument against non-authoritarian child rearing practices. What's more, they're probably going to censor this post because they're not comfortable with someone pointing it out, or because they figure it constitutes a "personal attack". The fact that you can get away with it all probably is indicative of the fact that you're becoming the object of what is often called the so-called bigotry of low expectations. If any of us had been trying to pull of a tenth of your act on any right-wing blog of forum we'd have been banned before our second post. While they decide to do with this post, they could perhaps take note of the fact that every thread nowadays gets derailed by you and your crazy conspiracy theories about those dastardly liberals, and that this ruins everything for those of us interested in legitimate debate. In the meantime we just seem to be stuck with you.

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#16 User is offline   Mark 

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Posted 29 July 2010 - 06:32 PM

View Posthi_, on 29 July 2010 - 06:23 PM, said:

Mark the administrators have been asking you for years to be less of an aggressive loudmouthed dumbass suffering from a victimization complex, and apparently it has only been getting progressively worse. The fact that you've never been disciplined for it in any would could perhaps be turned into a good conservative argument against non-authoritarian child rearing practices. What's more, they're probably going to censor this post because they're not comfortable with someone pointing it out, or because they figure it constitutes a "personal attack". The fact that you can get away with it all probably is indicative of the fact that you're becoming the object of what is often called the so-called bigotry of low expectations. If any of us had been trying to pull of a tenth of your act on any right-wing blog of forum we'd have been banned before our second post. While they decide to do with this post, they could perhaps take note of the fact that every thread nowadays gets derailed by you and your crazy conspiracy theories about those dastardly liberals, and that this ruins everything for those of us interested in legitimate debate. In the meantime we just seem to be stuck with you.


A debate about what? Mostly, any forum that stifles dissent is nothing more that a backslapping circle jerk of like minds. Now, if that's what trips your trigger hi, I'm happy for you.

If you want real debate, you should really invite differences of opinion. Unless that scares you?

And again, since the political spectrum is made up of "people", you will find that the people on the left are no different than the people on the right. They both believe in conspiracies. And both believe the other side to be dastardly.

While we like to think that we are "enlightened" today, we practice about as many witch hunts as people throughout history. Sorta funny, actually.
The whole aim of practical politics is to keep
the populace alarmed (and hence clamorous to be
led to safety) by menacing it with an endless
series of hobgoblins, all of them imaginary.
- H. L. Mencken

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

---Ludwig Von Mises


*The generic term "liberals" include the vast majority of a segment of the population that generally holds the same beliefs and convictions. It doesn't include every liberal, but includes most of them.

Anyone who insists on placing the blame, or even half the fault, on the minority party over 7 years, personifies the term "partisan". Scott Lee
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#17 User is offline   pundit-hater 

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Posted 29 July 2010 - 06:32 PM

Where to begin?

View PostMark, on 29 July 2010 - 06:45 PM, said:

View PostTreeHugger, on 29 July 2010 - 05:35 PM, said:

[Admin]


Mark,

When I said you need to tone down the sweeping generalizations about "the left," I meant it. This is a lefty forum and we don't want people here bashing us and making sweeping generalizations that they are unable to (or refuse to) back up with cited sources. Please stop.


[/Admin]


If the lefties don't like(or won't admit to) the truth, this ain't much of a site.

http://www.huffingto...c_n_388362.html

http://motherjones.c...cks-gold-fetish

http://newsfeed.time...-war-over-gold/


Oh hell ya, Mark, we "lefties" love that shithead Beck is getting nabbed for his scams. His whole schtick is so transparently ridiculous that it hurts us to think anyone would think the crying clown intelligent or informed about anything. He's a snake-oil salesman of the first order. So yeah, hell yeah!, we'll trumpet this.

Quote

BTW, if investing in coins/gold is such a scam, maybe people should be pointing fingers at the U.S. mint. Try buying "proof" coins or "uncirculated" coins and see how much over face value you'll pay for those.

Hmm. I wonder what people would say if the U.S. mint advertised with Beck? Lol.


The "US Mint" is a private company (Collectible America), I believe.

But it wouldn't matter who's doing it - this is a SCAM. It proves the old addage that "who controls the present controls the past, and who controls the past controls the future." Beck is using (as is typical) selective and distorted history to sell something - in this case, he's using fear (as usual) to prod people to buy coins, which are listed as collectible and thus, weren't counted in the 1933 Act. Coins are a TERRIBLE investment for anything but collectors and the collectors market - and the collector's market (like horses and cars) is an AWFUL investment in a down economy.

It's a SCAM. Glad to know you approve.

Quote

View PostSecond_AoJ, on 29 July 2010 - 05:41 PM, said:

View PostMark, on 29 July 2010 - 03:32 PM, said:

View PostSecond_AoJ, on 29 July 2010 - 05:22 PM, said:

View PostMark, on 29 July 2010 - 03:19 PM, said:

Lol. Face it Bob. The left could really give a shit about Goldline. All they want to do is distance any advertiser from Beck. After Goldline and Beck part ways, the left will start a smear campaign against the next advertiser that dares to back Beck.

This is a warning shot to them all. Don't pour advertising money into Beck's show, or you'll be next.


The irony is that the people who were scammed will actually think the way you do and repeat the same errors in the future. All the while, they are certain it's the librulz' fault.

You really are amazing.


Ask yourself one question Second. Why Goldline? Why now? Honestly answer that question, then you'l have the reason that the left is now attacking the company. BTW, if every other company that sells gold does it in the same way as Goldline, why focus on them?


I didn't keep up with the Glenn Beck/Goldline issue. I have mentioned (several times, although since I don't come on here that often I don't mind repeating myself) before that I do not keep up with mainstream news from opinion sites like the Huffington Post. However, I have noticed that whenever someone points to racist elements of the tea party, your first defense is that the ones "pretending" to be racists are actually liberals trying to smear the TP movement. You're doing it again here.

Aeon and I are part of the "left," but I understand what you mean is the American left.


Well? Does my assertion stand to reason? Would this stink about Goldline have come up, if the firm wasn't advertising with Beck?


It would have come up in the DoJ as soon as those scammed people reported it. That it's tying back to Beck certainly amplifies that SCAM, as beck amplified the SCAM.

Bob
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#18 User is offline   hi_ 

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Posted 29 July 2010 - 06:39 PM

The question of what'd have happened if Goldline weren't advertising on Glenn Beck's show is moot. The only way to pull of this kind of scam on this scale is exactly by advertising on Glenn Beck's show, since it pitches more "the government is going to come snatch everything away from you" conspiracy theories than all the other shows combined. I don't think the average viewer of Keith Olbermann's show or the average NPR listener is dumb enough to fall for this.

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#19 User is offline   Mark 

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Posted 29 July 2010 - 06:42 PM

View Postpundit-hater, on 29 July 2010 - 06:32 PM, said:

Where to begin?

View PostMark, on 29 July 2010 - 06:45 PM, said:

View PostTreeHugger, on 29 July 2010 - 05:35 PM, said:

[Admin]


Mark,

When I said you need to tone down the sweeping generalizations about "the left," I meant it. This is a lefty forum and we don't want people here bashing us and making sweeping generalizations that they are unable to (or refuse to) back up with cited sources. Please stop.


[/Admin]


If the lefties don't like(or won't admit to) the truth, this ain't much of a site.

http://www.huffingto...c_n_388362.html

http://motherjones.c...cks-gold-fetish

http://newsfeed.time...-war-over-gold/


Oh hell ya, Mark, we "lefties" love that shithead Beck is getting nabbed for his scams. His whole schtick is so transparently ridiculous that it hurts us to think anyone would think the crying clown intelligent or informed about anything. He's a snake-oil salesman of the first order. So yeah, hell yeah!, we'll trumpet this.

Quote

BTW, if investing in coins/gold is such a scam, maybe people should be pointing fingers at the U.S. mint. Try buying "proof" coins or "uncirculated" coins and see how much over face value you'll pay for those.

Hmm. I wonder what people would say if the U.S. mint advertised with Beck? Lol.


The "US Mint" is a private company (Collectible America), I believe.

But it wouldn't matter who's doing it - this is a SCAM. It proves the old addage that "who controls the present controls the past, and who controls the past controls the future." Beck is using (as is typical) selective and distorted history to sell something - in this case, he's using fear (as usual) to prod people to buy coins, which are listed as collectible and thus, weren't counted in the 1933 Act. Coins are a TERRIBLE investment for anything but collectors and the collectors market - and the collector's market (like horses and cars) is an AWFUL investment in a down economy.

It's a SCAM. Glad to know you approve.

Quote

View PostSecond_AoJ, on 29 July 2010 - 05:41 PM, said:

View PostMark, on 29 July 2010 - 03:32 PM, said:

View PostSecond_AoJ, on 29 July 2010 - 05:22 PM, said:

View PostMark, on 29 July 2010 - 03:19 PM, said:

Lol. Face it Bob. The left could really give a shit about Goldline. All they want to do is distance any advertiser from Beck. After Goldline and Beck part ways, the left will start a smear campaign against the next advertiser that dares to back Beck.

This is a warning shot to them all. Don't pour advertising money into Beck's show, or you'll be next.


The irony is that the people who were scammed will actually think the way you do and repeat the same errors in the future. All the while, they are certain it's the librulz' fault.

You really are amazing.


Ask yourself one question Second. Why Goldline? Why now? Honestly answer that question, then you'l have the reason that the left is now attacking the company. BTW, if every other company that sells gold does it in the same way as Goldline, why focus on them?


I didn't keep up with the Glenn Beck/Goldline issue. I have mentioned (several times, although since I don't come on here that often I don't mind repeating myself) before that I do not keep up with mainstream news from opinion sites like the Huffington Post. However, I have noticed that whenever someone points to racist elements of the tea party, your first defense is that the ones "pretending" to be racists are actually liberals trying to smear the TP movement. You're doing it again here.

Aeon and I are part of the "left," but I understand what you mean is the American left.


Well? Does my assertion stand to reason? Would this stink about Goldline have come up, if the firm wasn't advertising with Beck?


It would have come up in the DoJ as soon as those scammed people reported it. That it's tying back to Beck certainly amplifies that SCAM, as beck amplified the SCAM.

Bob




Bob, I buy coins from the U.S. mint. They are part of the federal government. They will sell you a five coin quarter set for $32.95

You have a hard on for them as well?
The whole aim of practical politics is to keep
the populace alarmed (and hence clamorous to be
led to safety) by menacing it with an endless
series of hobgoblins, all of them imaginary.
- H. L. Mencken

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."

---Ludwig Von Mises


*The generic term "liberals" include the vast majority of a segment of the population that generally holds the same beliefs and convictions. It doesn't include every liberal, but includes most of them.

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#20 User is offline   pundit-hater 

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Posted 29 July 2010 - 07:11 PM

View PostMark, on 29 July 2010 - 07:42 PM, said:

Bob, I buy coins from the U.S. mint. They are part of the federal government. They will sell you a five coin quarter set for $32.95

You have a hard on for them as well?


Oops, I stand corrected - the US Mint is part of the Treasury department - what confused me are all the companies selling and using the "backed by the US Mint" remarks.

No, Mark, I don't have a problem with collectible coins, or stamps, or cars, or anything else like that. I will say that if you bought non-bullion numismatic coins as a hedge against the financial troubles, you got scammed.

And what I have a problem with is a SCAM. This was a SCAM. Did you even look at the jpeg I linked?

Beck was telling people to buy gold. Now, I have some gold, as does almost every investor. If you're buying gold to use as a hedge against the volatility of currency, you buy BULLION (when they say gold is valued at X/ounce, they're talking about that, right?).

So if Beck was just saying "Buy gold now! Hedge against the financial troubles!" then so be it. All the gold companies do that all the time. (Hint: if they're saying "BUY!" then don't. If they're asking you to sell them you're gold, then BUY!)

But he didn't stop there, did he? He told people to buy numismatic coins because of his distorted, incomplete and hysterical remarks about "Executive Order 6102," which excluded things like "art" and collectible coins.

Now, why would Beck do that? Because Goldline doesn't want to sell you the bullion; they want to sell you the numismatic French coins, marked up ridiculously high.

So these people, many elderly people, scared shitless by the lying Beck and his revisionist history, call Goldline as he instructs and then get walked into buying coins that immediately cost them 42% of their savings.

Now, if gold goes to $3200/ounce, those people who invested to protect themselves will break even. After a monumental run-up, it's at around $1200/ounce right now.

And you think that's just fine. A whole bunch of mostly ELDERLY people, scared by Beck, called Goldline and were SCAMMED out of 42% of the value of their investment during the call, and you see no problem at all with that?

Fess up, Mark, how many'd you buy?

Bob
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