[Maximus Desimus]

pundit-hater, on 14 August 2010 - 03:15 PM, said:

Maximus Desimus, on 14 August 2010 - 03:21 PM, said:

The the BBB gives them a superior rating, A+
http://www.la.bbb.or...al-Inc-35002328

It's understandable that Senator Weiner has an agenda he failed to pursue against Beck & Goldline his sponsor, but repeating the failures of others only makes me question you.

I guess in the realm of public opinion Beck really is gaining ground and winning, otherwise his opposition would ignore him.

I don't give a crap about Rep Weiner in this issue. I find what Goldline and Beck are doing to be reprehensible.

Hey, if you want to go buy collectible francs, that's your business. While you're at it, buy a $10k three wise men statue, a $700 gold (plated, cubit-zirconium cross and whatever other indulgences float your boat).

The simple fact is that Beck is distorting the 1933 Act with selective information, is flat out ridiculous in his warnings that the government will confiscate your gold!!!!! and Goldline is using that utter nonsense to push the bad stuff (collectible coins) on frightened consumers. While they're at it, they should tar driveways for the elderly or send college students to sell magazines.

Distorting how? He said "could".

I have a question that maybe you could answer, have you ever purchased a lottery ticket?

Then the truth can be a fearsome thing.....


From: President of the United States Franklin Delano Roosevelt
To: The United States Congress
Dated: 5 April, 1933
Presidential Executive Order 6102

Forbidding the Hoarding of Gold Coin, Gold Bullion and Gold Certificates By virtue of the authority vested in me by Section 5(B) of the Act of October 6, 1917, as amended by Section 2 of the Act of March 9, 1933, entitled

An Act to provide relief in the existing national emergency in banking, and for other purposes~',

in which amendatory Act Congress declared that a serious emergency exists,

I, Franklin D. Roosevelt, President of the United States of America, do declare that said national emergency still continues to exist and pursuant to said section to do hereby prohibit the hoarding gold coin, gold bullion, and gold certificates within the continental United States by individuals, partnerships, associations and corporations and hereby prescribe the following regulations for carrying out the purposes of the order:

Section 1. For the purpose of this regulation, the term 'hoarding" means the withdrawal and withholding of gold coin, gold bullion, and gold certificates from the recognized and customary channels of trade. The term "person" means any individual, partnership, association or corporation.

Section 2. All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion, and gold certificates now owned by them or coming into their ownership on or before April 28, 1933, except the following:

(a) Such amount of gold as may be required for legitimate and customary use in industry, profession or art within a reasonable time, including gold prior to refining and stocks of gold in reasonable amounts for the usual trade requirements of owners mining and refining such gold.

(b) Gold coin and gold certificates in an amount not exceeding in the aggregate $100.00 belonging to any one person; and gold coins having recognized special value to collectors of rare and unusual coins.

© Gold coin and bullion earmarked or held in trust for a recognized foreign government or foreign central bank or the Bank for International Settlements.

(d) Gold coin and bullion licensed for the other proper transactions (not involving hoarding) including gold coin and gold bullion imported for the re-export or held pending action on applications for export license.

Section 3. Until otherwise ordered any person becoming the owner of any gold coin, gold bullion, and gold certificates after April 28, 1933, shall within three days after receipt thereof, deliver the same in the manner prescribed in Section 2; unless such gold coin, gold bullion, and gold certificates are held for any of the purposes specified in paragraphs (a),(b) or © of Section 2; or unless such gold coin, gold bullion is held for purposes specified in paragraph (d) of Section 2 and the person holding it is, with respect to such gold coin or bullion, a licensee or applicant for license pending action thereon.

Section 4. Upon receipt of gold coin, gold bullion, or gold certificates delivered to it in accordance with Section 2 or 3, the Federal reserve bank or member bank will pay thereof an equivalent amount of any other form of coin or currency coined or issued under the laws of the Unites States.

Section 5. Member banks shall deliver alt gold coin, gold bullion, and gold certificates owned or received by them (other than as exempted under the provisions of Section 2) to the Federal reserve banks of there respective districts and receive credit or payment thereof.

Section 6. The Secretary of the Treasury, out of the sum made available to the President by Section 501 of the Act of March 9, 1933, will in all proper cases pay the reasonable costs of transportation of gold coin, gold bullion, and gold certificates delivered to a member bank or Federal reserve bank in accordance with Sections 2, 3, or 5 hereof, including the cost of insurance, protection, and such other incidental costs as may be necessary, upon production of satisfactory evidence of such costs. Voucher forms for this purpose may be procured from Federal reserve banks.

Section 7. In cases where the delivery of gold coin, gold bullion, or gold certificates by the owners thereof within the time set forth above will involve extraordinary hardship or difficulty, the Secretary of the Treasury may, in his discretion, extend the time within which such delivery must be made. Applications for such extensions must be made in writing under oath; addressed to the Secretary of the Treasury and filed with a Federal reserve bank. Each applications must state the date to which the extension is desired, the amount and location of the gold coin, gold bullion, and gold certificates in respect of which such application is made and the facts showing extension to be necessary to avoid extraordinary hardship or difficulty.

Section 8. The Secretary of the Treasury is hereby authorized and empowered to issue such further regulations as he may deem necessary to carry the purposes of this order and to issue licenses there under, through such officers or agencies as he may designate, including licenses permitting the Federal reserve banks and member banks of the Federal Reserve System, in return for an equivalent amount of other coin, currency or credit, to deliver, earmark or hold in trust gold coin or bullion to or for persons showing the need for same for any of the purposes specified in paragraphs (a), ©, and (d) of Section 2 of these regulations.

Section 9. Whoever willfully violates any provision of this Executive Order or these regulation or of any rule, regulation or license issued there under may be fined not more than $10,000, or,if a natural person may be imprisoned for not more than ten years or both; and any officer, director, or agent of any corporation who knowingly participates in any such violation may be punished by a like fine, imprisonment, or both.

This order and these regulations may be modified or revoked at any time.
/s/
Franklin D. Roosevelt
President of the United States of America
April 5, 1933

http://www.the-priva...nfiscation.html

This would be the point where you say "I was unaware of such a Presidential Order" and move on, but somehow I doubt you will.

That lottery question is still open if you care.

This post has been edited by Not Prince Hamlet: 14 August 2010 - 08:45 PM
Reason for edit: Fixed bullets

[pundit-hater]

Umm, no, I know ALL about the Act, why it happened, why it wouldn't happen today, and what distortions your apparent hero, Beck, has been throwing around about it.

Argue with the JPEG, okay?

Bob

Umm, no, I know ALL about the Act, why it happened, why it wouldn't happen today, and what distortions your apparent hero, Beck, has been throwing around about it.

Argue with the JPEG, okay? You know, the part about "customer loses 42% of his investment instantly." Or the part about gold needing to go over 3200/ounce for those coins to be worth the investment made now.

Or better still, just go buy a few K worth.

Bob

[Maximus Desimus]

pundit-hater, on 14 August 2010 - 05:01 PM, said:

Umm, no, I know ALL about the Act, why it happened, why it wouldn't happen today, and what distortions your apparent hero, Beck, has been throwing around about it.

Argue with the JPEG, okay?

Bob

Umm, no, I know ALL about the Act, why it happened, why it wouldn't happen today, and what distortions your apparent hero, Beck, has been throwing around about it.

Argue with the JPEG, okay? You know, the part about "customer loses 42% of his investment instantly." Or the part about gold needing to go over 3200/ounce for those coins to be worth the investment made now.

Or better still, just go buy a few K worth.

Bob

Is posting a stutter? Hero? Try another diversion if you like but for someone that hates pundits you sure picked one to make your position.
Then If you knew about what FDR did then why are you arguing about Beck's assertion that the government "could" repeat the errs of the past? Then if you don't think the government can seize assets without just cause I'd present you with the asset forfeiture laws currently on the books.... do you think the IRS waits for a conviction before they seize your assets? No, they don't.

It's odd that neither Consumer Reports of BBB has any real negatives about Goldline or Beck but a pundit that is on MSNBC takes issue with Beck and you're Johnny on his crotch.
You have a good day Pundit-Lover.

"Argue with the Jpeg"? Is that a joke? You posted it, so you can defend your reasoning.... then as I can see so far, you can't.

This post has been edited by Maximus Desimus: 15 August 2010 - 03:46 AM

[pundit-hater]

Maximus Desimus, on 15 August 2010 - 04:42 AM, said:

Is posting a stutter? Hero? Try another diversion if you like but for someone that hates pundits you sure picked one to make your position.

True, Beck is the easiest to hate.

Quote

Then If you knew about what FDR did then why are you arguing about Beck's assertion that the government "could" repeat the errs of the past? Then if you don't think the government can seize assets without just cause I'd present you with the asset forfeiture laws currently on the books.... do you think the IRS waits for a conviction before they seize your assets? No, they don't.

So, it's become quite obvious that you entered this thread without even reading the source material for the OP. And the government didn't "seize" the gold in 1933; they bought it in at market prices, a move that was lauded as an important stabilization of an economy that was shaking to pieces.

Quote

It's odd that neither Consumer Reports of BBB has any real negatives about Goldline or Beck but a pundit that is on MSNBC takes issue with Beck and you're Johnny on his crotch.

And once again, you entered the discussion late and didn't bother to do your homework. No pundit on MSNBC brought this to my attention; it was a Nightline report based on a DoJ investigation of Goldline (there's even another thread I started on it when it broke) because of this issue and based on the complaints of people, mostly elderly, who believed they had been scammed.

Quote

You have a good day Pundit-Lover.

You, too.

Quote

"Argue with the Jpeg"? Is that a joke? You posted it, so you can defend your reasoning.... then as I can see so far, you can't.

Except that I have, and most people here understand the argument against Beck and Goldline's actions. And all the exculpatory evidence you think you're presenting are an aside and do not go to the point of the OP or the heart of Beck's misleading fear-mongering and Goldline's scam.

But a coin, lose 42% at the moment of purchase. Wow, there's a great investment!

Bob

This post has been edited by pundit-hater: 15 August 2010 - 09:10 AM

[torremalku]

Maximus Desimus, on 15 August 2010 - 04:42 AM, said:

pundit-hater, on 14 August 2010 - 05:01 PM, said:

Umm, no, I know ALL about the Act, why it happened, why it wouldn't happen today, and what distortions your apparent hero, Beck, has been throwing around about it.

Argue with the JPEG, okay?

Bob

Umm, no, I know ALL about the Act, why it happened, why it wouldn't happen today, and what distortions your apparent hero, Beck, has been throwing around about it.

Argue with the JPEG, okay? You know, the part about "customer loses 42% of his investment instantly." Or the part about gold needing to go over 3200/ounce for those coins to be worth the investment made now.

Or better still, just go buy a few K worth.

Bob

Is posting a stutter? Hero? Try another diversion if you like but for someone that hates pundits you sure picked one to make your position.
Then If you knew about what FDR did then why are you arguing about Beck's assertion that the government "could" repeat the errs of the past? Then if you don't think the government can seize assets without just cause I'd present you with the asset forfeiture laws currently on the books.... do you think the IRS waits for a conviction before they seize your assets? No, they don't.

It's odd that neither Consumer Reports of BBB has any real negatives about Goldline or Beck but a pundit that is on MSNBC takes issue with Beck and you're Johnny on his crotch.
You have a good day Pundit-Lover.

"Argue with the Jpeg"? Is that a joke? You posted it, so you can defend your reasoning.... then as I can see so far, you can't.

Way to attack the messenger. Well done. However, you might consider discussing the issue in the future instead.

[Maximus Desimus]

torremalku, on 15 August 2010 - 09:52 AM, said:

Maximus Desimus, on 15 August 2010 - 04:42 AM, said:

pundit-hater, on 14 August 2010 - 05:01 PM, said:

Umm, no, I know ALL about the Act, why it happened, why it wouldn't happen today, and what distortions your apparent hero, Beck, has been throwing around about it.

Argue with the JPEG, okay?

Bob

Umm, no, I know ALL about the Act, why it happened, why it wouldn't happen today, and what distortions your apparent hero, Beck, has been throwing around about it.

Argue with the JPEG, okay? You know, the part about "customer loses 42% of his investment instantly." Or the part about gold needing to go over 3200/ounce for those coins to be worth the investment made now.

Or better still, just go buy a few K worth.

Bob

Is posting a stutter? Hero? Try another diversion if you like but for someone that hates pundits you sure picked one to make your position.
Then If you knew about what FDR did then why are you arguing about Beck's assertion that the government "could" repeat the errs of the past? Then if you don't think the government can seize assets without just cause I'd present you with the asset forfeiture laws currently on the books.... do you think the IRS waits for a conviction before they seize your assets? No, they don't.

It's odd that neither Consumer Reports of BBB has any real negatives about Goldline or Beck but a pundit that is on MSNBC takes issue with Beck and you're Johnny on his crotch.
You have a good day Pundit-Lover.

"Argue with the Jpeg"? Is that a joke? You posted it, so you can defend your reasoning.... then as I can see so far, you can't.

Way to attack the messenger. Well done. However, you might consider discussing the issue in the future instead.

I did, he suggested arguing with a "jpeg". I listed the information from the BBB and Consumer Reports as well as the text of the Presidential Executive Order 6102, that supports the assertion made by Beck. Then he derailed his own thread by suggesting Beck is my "hero". I never suggested that I'm a fan of Glenn Beck, but thanks for your input whoever you are.

Why would BBB give Goldline an "A+" rating? Then if they were doing something fraudulent we have government agencies to report on it and convict if they have a case.

So if someone posts a cartoon here, I'm supposed to debate the cartoon?
I thought the idea of these forums was if you post something, you defend it? No?

Then I noticed you have a picture of an EV1 in your signature. Do you own an electric car?

This post has been edited by Maximus Desimus: 15 August 2010 - 08:38 PM

[Mark]

pundit-hater, on 14 August 2010 - 03:15 PM, said:

Maximus Desimus, on 14 August 2010 - 03:21 PM, said:

The the BBB gives them a superior rating, A+
http://www.la.bbb.or...al-Inc-35002328

It's understandable that Senator Weiner has an agenda he failed to pursue against Beck & Goldline his sponsor, but repeating the failures of others only makes me question you.

I guess in the realm of public opinion Beck really is gaining ground and winning, otherwise his opposition would ignore him.

I don't give a crap about Rep Weiner in this issue. I find what Goldline and Beck are doing to be reprehensible.

Hey, if you want to go buy collectible francs, that's your business. While you're at it, buy a $10k three wise men statue, a $700 gold (plated, cubit-zirconium cross and whatever other indulgences float your boat).

The simple fact is that Beck is distorting the 1933 Act with selective information, is flat out ridiculous in his warnings that the government will confiscate your gold!!!!! and Goldline is using that utter nonsense to push the bad stuff (collectible coins) on frightened consumers. While they're at it, they should tar driveways for the elderly or send college students to sell magazines.

Bullshit Bob. The government did it once. If they felt the need, they'd to it again. And as our new poster(MD) has pointed out, Consumer Reports and the BBB, don't seem to have too much problem with goldline.

Face it Bob, your left wing "whistle machine" is working at a high output. And you swallowed it, hook, line, and sinker.

[Mark]

Bob posted: And the government didn't "seize" the gold in 1933; they bought it in at market prices, a move that was lauded as an important stabilization of an economy that was shaking to pieces.



Now, I know you ain't stupid enough to believe this crap Bob. Tell you what, would it be OK for the government to seize our weapons if they paid us for them first?

Unless the seller is a WILLING SELLER, what the government did is a seizure. And you know it.

[Maximus Desimus]

I noted in the numerous stories I read that one of Weiner's complaints is that Goldline advertises exclusively with conservative talk hosts, Huckabee, Thompson, Ingram, Beck...... gee Bobby he might have an agenda, then California investigated and they have nothing.

Has the thought that selling gold takes money out of the market, money they would rather have you spend so when the market crashes you'll be standing in a government bread line waiting for a government handout...... gee where did that happen already? I don't shop at Walmart for a reason then it is up to you to do your homework before purchasing anything from anyone..... Goldline sells $500,000,000 year in gold and a few people moan about not getting exactly what they ordered and it's a national crisis..... I should call Weiner the next time a waitress or cook screws up my order and tell him they're Republicans that own the business.

Keep worrying about the small stuff simpleton.

[pundit-hater]

Mark, on 15 August 2010 - 10:13 PM, said:

pundit-hater, on 14 August 2010 - 03:15 PM, said:

Maximus Desimus, on 14 August 2010 - 03:21 PM, said:

The the BBB gives them a superior rating, A+
http://www.la.bbb.or...al-Inc-35002328

It's understandable that Senator Weiner has an agenda he failed to pursue against Beck & Goldline his sponsor, but repeating the failures of others only makes me question you.

I guess in the realm of public opinion Beck really is gaining ground and winning, otherwise his opposition would ignore him.

I don't give a crap about Rep Weiner in this issue. I find what Goldline and Beck are doing to be reprehensible.

Hey, if you want to go buy collectible francs, that's your business. While you're at it, buy a $10k three wise men statue, a $700 gold (plated, cubit-zirconium cross and whatever other indulgences float your boat).

The simple fact is that Beck is distorting the 1933 Act with selective information, is flat out ridiculous in his warnings that the government will confiscate your gold!!!!! and Goldline is using that utter nonsense to push the bad stuff (collectible coins) on frightened consumers. While they're at it, they should tar driveways for the elderly or send college students to sell magazines.

Bullshit Bob. The government did it once. If they felt the need, they'd to it again. And as our new poster(MD) has pointed out, Consumer Reports and the BBB, don't seem to have too much problem with goldline.

Face it Bob, your left wing "whistle machine" is working at a high output. And you swallowed it, hook, line, and sinker.

So we're still using gold to back our currency?

And we have enough gold to back our currency?

Wow, what was Nixon talking about in 1968?

And yeah, Mark, they're coming for your guns...

[pundit-hater]

Maximus Desimus, on 16 August 2010 - 05:09 AM, said:

I noted in the numerous stories I read that one of Weiner's complaints is that Goldline advertises exclusively with conservative talk hosts, Huckabee, Thompson, Ingram, Beck...... gee Bobby he might have an agenda, then California investigated and they have nothing.

Has the thought that selling gold takes money out of the market, money they would rather have you spend so when the market crashes you'll be standing in a government bread line waiting for a government handout...... gee where did that happen already? I don't shop at Walmart for a reason then it is up to you to do your homework before purchasing anything from anyone..... Goldline sells $500,000,000 year in gold and a few people moan about not getting exactly what they ordered and it's a national crisis..... I should call Weiner the next time a waitress or cook screws up my order and tell him they're Republicans that own the business.

Keep worrying about the small stuff simpleton.

One last time: Goldline is Beck's chief advertiser, or one of. Gold is not a bad investment, but people seeking to invest in gold should be buying bullion.

Simple so far.

Goldline sells bullion. They also sell collectibles. People looking for a hedge against a currency crash should be buying bullion. Goldling does better selling coins, as do all gold sellers.

People watch Beck, who tells them that the government might confiscate the gold as in 1933. But, he notes, they didn't confiscate the collectibles!!!!

So when people then call Goldline to invest (and they should be buying bullion, if they should be buying any gold at all), they are played that hysterical and hyperbolic nonsense and directed to a particular franc that is all but worthless as a collectible, but, you know, isn't going to get confiscated by the eeeevil gummint.

The people who buy those coins have thrown away more than a third, nearly a half, of their money from the moment they purchase.

You're okay with that. Good for you. I consider that a SCAM, preying on the fears of people.

[Mark]

pundit-hater, on 16 August 2010 - 07:37 AM, said:

Mark, on 15 August 2010 - 10:13 PM, said:

pundit-hater, on 14 August 2010 - 03:15 PM, said:

Maximus Desimus, on 14 August 2010 - 03:21 PM, said:

The the BBB gives them a superior rating, A+
http://www.la.bbb.or...al-Inc-35002328

It's understandable that Senator Weiner has an agenda he failed to pursue against Beck & Goldline his sponsor, but repeating the failures of others only makes me question you.

I guess in the realm of public opinion Beck really is gaining ground and winning, otherwise his opposition would ignore him.

I don't give a crap about Rep Weiner in this issue. I find what Goldline and Beck are doing to be reprehensible.

Hey, if you want to go buy collectible francs, that's your business. While you're at it, buy a $10k three wise men statue, a $700 gold (plated, cubit-zirconium cross and whatever other indulgences float your boat).

The simple fact is that Beck is distorting the 1933 Act with selective information, is flat out ridiculous in his warnings that the government will confiscate your gold!!!!! and Goldline is using that utter nonsense to push the bad stuff (collectible coins) on frightened consumers. While they're at it, they should tar driveways for the elderly or send college students to sell magazines.

Bullshit Bob. The government did it once. If they felt the need, they'd to it again. And as our new poster(MD) has pointed out, Consumer Reports and the BBB, don't seem to have too much problem with goldline.

Face it Bob, your left wing "whistle machine" is working at a high output. And you swallowed it, hook, line, and sinker.

So we're still using gold to back our currency?

And we have enough gold to back our currency?

Wow, what was Nixon talking about in 1968?

And yeah, Mark, they're coming for your guns...

Face it Bob. The left wing noise machine has left you high and dry on this issue. You have no case.

pundit-hater, on 16 August 2010 - 07:43 AM, said:

Maximus Desimus, on 16 August 2010 - 05:09 AM, said:

I noted in the numerous stories I read that one of Weiner's complaints is that Goldline advertises exclusively with conservative talk hosts, Huckabee, Thompson, Ingram, Beck...... gee Bobby he might have an agenda, then California investigated and they have nothing.

Has the thought that selling gold takes money out of the market, money they would rather have you spend so when the market crashes you'll be standing in a government bread line waiting for a government handout...... gee where did that happen already? I don't shop at Walmart for a reason then it is up to you to do your homework before purchasing anything from anyone..... Goldline sells $500,000,000 year in gold and a few people moan about not getting exactly what they ordered and it's a national crisis..... I should call Weiner the next time a waitress or cook screws up my order and tell him they're Republicans that own the business.

Keep worrying about the small stuff simpleton.

One last time: Goldline is Beck's chief advertiser, or one of. Gold is not a bad investment, but people seeking to invest in gold should be buying bullion.

Simple so far.

Goldline sells bullion. They also sell collectibles. People looking for a hedge against a currency crash should be buying bullion. Goldling does better selling coins, as do all gold sellers.

People watch Beck, who tells them that the government might confiscate the gold as in 1933. But, he notes, they didn't confiscate the collectibles!!!!

So when people then call Goldline to invest (and they should be buying bullion, if they should be buying any gold at all), they are played that hysterical and hyperbolic nonsense and directed to a particular franc that is all but worthless as a collectible, but, you know, isn't going to get confiscated by the eeeevil gummint.

The people who buy those coins have thrown away more than a third, nearly a half, of their money from the moment they purchase.

You're okay with that. Good for you. I consider that a SCAM, preying on the fears of people.

And again. When the U.S. mint sells four quarters for 25 bucks, I don't hear you say a word. Why is that Bob?

[pundit-hater]

Because, mark, if it's SOLD as a commemorative or a collectible, that's an entirely different scenario than someone scrambling to buy gold because it's the only thing that will save them from the end of the world.

I don't have any problem with people paying hundreds for a 20 cent stamp, either. I WOULD have a problem with 20cent stamp sellers pushing a common 20-center, worth a few bucks, as an investment when they knew it would never be a GOOD investment.

But anyway, whatever...seriously. I laid out the reporting of what Beck and Goldline are doing, and the evidence is pretty straightforward. You think it's perfectly fine. I don't. I think it's a dirty scam, inciting fear and then preying on fear.

Bob

Oh, and ps.: This line: Face it Bob. The left wing noise machine has left you high and dry on this issue. You have no case. is pretty stupid even by your standards.

This post has been edited by pundit-hater: 17 August 2010 - 08:01 AM