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| subject: | Glenn Beck`s and Goldline |
-=> ROSS SAUER wrote to ALL <=- RS> How did Goldline get their A+ rating from the Los Angeles BBB? RS> They bought it. I've not reseached it and have only a single source. Correction, just looked into it. It seems various sources maintain gold and silver prices have to double or triple to just break even on these _investments_. One born every minute. Shocking that people in possession of these enormous sums of money were so easily taken never having taken the time to research what amounts to an exercise in basic math of the precious metals commodities market. Then again I recall when I oposed Dick Cheney's private energy meetings where U.S. energy policy ( oil company giveaway) was formulated in this very echo was defended by the true believers. Well look what came of that? War with Iraq *and* the policy where BP has to use acoustic blowout preventers in British waters but *not* in U.S. waters. I'll bet right about now those 500,000 dollar BP accessories are looking pretty darn cheap by comparison to the daily costs of this massive oil spill. Then too the cost of merely leaving the drilling mud in place long enough for the third cementing cap to be poured and cured as was advised by Halliburton and overruled by British Petroleum. RS> When Rep. Anthony Weiner (D-NY) released a report yesterday accusing RS> Glenn Beck's favorite gold company and sponsor of ripping off RS> consumers, the company sent out a press release disputing the charges. RS> Among the defenses it raised was Goldline's "A+ rating" from the Better RS> Business Bureau. Beck, too, has highlighted the BBB endorsement in his RS> defense of Goldline. But does that rating really mean anything? RS> After all, a Mother Jones investigation found that more than 40 people RS> have filed complaints against Goldline with that very same BBB, and RS> seven of those people reported back that Goldline refused to make them RS> whole. Goldline also engages in a few practices that don't seem like RS> they quite fit in with the BBB's stated ideas about good consumer RS> practices. For instance, Goldline requires people to sign a RS> nondisclosure form promising never to complain publicly about the RS> company as a condition of getting a refund. It also aggressively uses RS> caller ID to identify incoming callers so it can call them back and RS> pitch them more stuff just like any telemarketer. And it presses people RS> into making "investments" in European gold coins that lose a third of RS> their value the minute they are purchased. Does that sound like an A+ RS> kind of business? RS> Well, as it turns out, it doesn't take much more than a big fat check RS> to the BBB to get the erstwhile consumer agency to grant a company its RS> highest ranking. According to the Los Angeles Times, most of the RS> bureau's funding comes from selling "accreditations" to businesses. In RS> a story last year, the Times found: RS> a random search of the organization's database of about 4 million North RS> American companies seems to show that the roughly 400,000 accredited RS> businesses, even those that get numerous complaints, very often receive RS> higher grades than unaccredited companies with spotless complaint RS> records. RS> http://tinyurl.com/2vs4t64 RS> More info on Glenn Beck's incestuous relationship with Goldline, here: RS> http://tinyurl.com/25nrvmq RS> Tune in to Glenn Beck's Fox News show or his syndicated radio program, RS> and you'll soon learn about the evils of the US dollar, a currency on RS> the verge of collapse due to runaway government spending, a ballooning RS> national debt, and imminent Zimbabwe-style hyperinflation. To defend RS> yourself against the coming financial holocaust, as Beck explained on RS> his radio show last November, you need to "think like a German Jew in RS> 1934, maybe 1931." And that means thinking about buying some gold. RS> --- Xnews/5.04.25 RS> (1:123/789.0) ... MultiMail, the new multi-platform, multi-format offline reader! --- MultiMail/Linux v0.49RS> * Origin: Fidonet Via Newsreader - http://www.easternstar.info * Origin: Doc's Place BBS Fido Since 1991 docsplace.tzo.com (1:123/140) SEEN-BY: 3/0 633/267 640/954 712/0 313 550 848 @PATH: 123/140 500 261/38 712/848 633/267 |
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