On 05/19/2010 11:33 PM, Ross Sauer -> All wrote:
 RS> How did Goldline get their A+ rating from the Los Angeles BBB?
 RS> They bought it.

Here we go...

 RS> When Rep. Anthony Weiner (D-NY) released a report yesterday accusing
 RS> Glenn Beck's favorite gold company and sponsor of ripping off consumers,
 RS> the company sent out a press release disputing the charges. Among the
 RS> defenses it raised was Goldline's "A+ rating" from the
Better Business
 RS> Bureau. Beck, too, has highlighted the BBB endorsement in his defense of
 RS> 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?

Mother Jones? Are you serious? You take the word of a far left-wing
"magazine" with an ax to grind as your source?

 RS> Well, as it turns out, it doesn't take much more than a big fat check to
 RS> 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 a
 RS> story last year, the Times found:

So, what is the LA Times' BBB rating and why? It's hilarious how the left
looks to the BBB as a paragon of virtue until they think they smell blood
in the water WRT someone on the right.

 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.

Is that so?

 RS> http://tinyurl.com/2vs4t64

 RS> More info on Glenn Beck's incestuous relationship with Goldline, here:

"Incestuous?" What is incestuous about a company advertising
during a certain show?

 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.

The only reason the US dollar hasn't collapsed is that the government and
the Federal Reserve (a private entity) are in cahoots to artificially prop
up the dollar. There is nothing backing the US dollar. Nothing.

If China continues to sell off their US bonds, the dollar will go into
free-fall. Gold has maintained its value forever. It has been and continues
to be a solid investment. During the 1980s, gold was just under $900/oz.
Adjusted for inflation, that would be $2200+/oz today. IOW, gold has
remained steady, but the dollar has fallen in value. It is only smart to
hedge your investments with something that has some staying power WRT
value. For Beck to advise his listeners to invest in gold if they can is
nothing but sound financial advice.

Goldline isn't the only gold broker who advertises during Beck's shows. For
a US Congressman to go after a private citizen for engaging in the free
market is more chilling than anything you can dig up about anything Glenn
Beck has said or done. For you and the rest of the useful idiots to pile on
only shows your partisanship and ignorance of the law.

Ed

-- 
"The known propensity of a democracy is to licentiousness which the
ambitious call, and ignorant believe to be liberty." --Fisher Ames,
speech in the Massachusetts Ratifying Convention, 1788

Blogs: http://edsramblings.wordpress.com | http://woodcaringnsuch.wordpress.com
http://edsscrollsawbits.blogspot.com | http://eds-omnium-gatherum.blogspot.com

Facebook: http://wwwfacebook.com/ed.hulett | Twitter: http://www.twitter.com/yaesu

Linux User #416016
Linux Machine #385030

--- Mozilla/5.0 (X11; U; Linux i686; en-US; rv:1.9.1.9) Gecko/20100423 Thunderb