Anthony Weiner: Glenn Beck's Goldline Connection 'Possibly Illegal' (VIDEO)

[IndianaGreen]

Anthony Weiner: Glenn Beck's Goldline Connection 'Possibly Illegal' (VIDEO)

Glenn Beck's controversial sponsorship by Goldline, a California-based gold dealer, was the focus of a critical report released Tuesday by Rep. Anthony Weiner (D-N.Y.)

In the report, Weiner charged that Goldline was using the hyperbolic -- and at times fear-inducing -- speech of its conservative business partners to encourage customers to buy the precious metal at highly-inflated prices.

In his investigation into the business dealings of Goldline, Weiner found that many of the company's products "could be found much cheaper on similar precious coin seller's websites." Their business model, the report alleges, encourages them to "aggressively push the sale of numismatic coins (collector) over bullion (pure gold) because the company has the largest profit margin on them and the sales representatives make the largest commission."

"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, according to Politico, whose original coverage of the Beck-Goldline connection spurred Weiner to launch the investigation.

http://www.huffingtonpost.com/2010/05/19/anthony-weiner-glenn-beck_n_581563.html

[LiberalFighter]

1. Subscribers to GOP lists are constantly bombarded with similar pushes.