Michael
Dec 7th 2009, 03:01 PM
Please note that the source here is entirely unreliable and lies more often than Fox News (usually for the exact same reasons as Fox does).
Right-wing talkers go for the gold
For years a certain strain of conservative thought has held that there was one sure hedge against economic depression, civil disorder and liberal rule – gold. Now that belief has led to a kind of harmonic convergence between ideology and commerce.
Anyone tuning in to conservative talk radio or Fox News’s Bill O’Reilly and Glenn Beck shows is bombarded by commercials for gold, mainly in the form of collectible coins, with announcers intoning that inflation and deficits caused by big government spending are devaluing the dollar and making gold the best investment money can buy.
The dire tone sounded in the ads often echo the occasionally apocalyptic economic forecasts of the shows’ hosts, many of whom have endorsement contracts with the gold retailers, appear in their ads, or have had their executives as guests to trash the economic course set by President Barack Obama and congressional Democrats, and to preach the attractions of gold.
“There’s a natural synergy between conservative talk radio listeners and gold,” said Michael Smerconish, a Philadelphia-based conservative-leaning talk show host who signed a deal to endorse Goldline International, a Santa Monica, Calif.-based retailer when his show entered syndication in January.
And it’s become an increasingly profitable synergy for everyone involved - the retailers, the networks and an array of hosts including O’Reilly and Beck, as well as radio talkers Mark Levin, Michael Savage, Laura Ingraham, Dennis Miller, Fred Thompson and G. Gordon Liddy.
Source - Politico (http://dyn.politico.com/printstory.cfm?uuid=5D43B4E3-18FE-70B2-A8DE8D26EF48DDFE)
The punchline comes at the end...
The Ripoff Report, a controversial website on which consumers can file anonymous posts alleging mistreatment at the hands of businesses, contains dozens of complaints filed since the beginning of last year against a handful of gold retailers alleging deceptively high premiums and misleading marketing techniques, some of which have prompted rebuttals from the companies themselves.
In one such complaint, Mary Sisak of New Castle, Pa., wrote in August that she contacted Goldline because she saw a television ad featuring Beck, and online endorsements from Levin and Thompson. After spending $5,000 on Swiss Francs, Mary said she learned she could have purchased the same number of coins for $1,600 less.
“How could I be mislead by Glenn Beck, Fred Thompson and Marvin [sic] Levin?" she wrote.
There is something deeply amusing about Fox News viewers being targetted by gold coin sellers making massive profits preying on their ignorance and fears. :lol:
Right-wing talkers go for the gold
For years a certain strain of conservative thought has held that there was one sure hedge against economic depression, civil disorder and liberal rule – gold. Now that belief has led to a kind of harmonic convergence between ideology and commerce.
Anyone tuning in to conservative talk radio or Fox News’s Bill O’Reilly and Glenn Beck shows is bombarded by commercials for gold, mainly in the form of collectible coins, with announcers intoning that inflation and deficits caused by big government spending are devaluing the dollar and making gold the best investment money can buy.
The dire tone sounded in the ads often echo the occasionally apocalyptic economic forecasts of the shows’ hosts, many of whom have endorsement contracts with the gold retailers, appear in their ads, or have had their executives as guests to trash the economic course set by President Barack Obama and congressional Democrats, and to preach the attractions of gold.
“There’s a natural synergy between conservative talk radio listeners and gold,” said Michael Smerconish, a Philadelphia-based conservative-leaning talk show host who signed a deal to endorse Goldline International, a Santa Monica, Calif.-based retailer when his show entered syndication in January.
And it’s become an increasingly profitable synergy for everyone involved - the retailers, the networks and an array of hosts including O’Reilly and Beck, as well as radio talkers Mark Levin, Michael Savage, Laura Ingraham, Dennis Miller, Fred Thompson and G. Gordon Liddy.
Source - Politico (http://dyn.politico.com/printstory.cfm?uuid=5D43B4E3-18FE-70B2-A8DE8D26EF48DDFE)
The punchline comes at the end...
The Ripoff Report, a controversial website on which consumers can file anonymous posts alleging mistreatment at the hands of businesses, contains dozens of complaints filed since the beginning of last year against a handful of gold retailers alleging deceptively high premiums and misleading marketing techniques, some of which have prompted rebuttals from the companies themselves.
In one such complaint, Mary Sisak of New Castle, Pa., wrote in August that she contacted Goldline because she saw a television ad featuring Beck, and online endorsements from Levin and Thompson. After spending $5,000 on Swiss Francs, Mary said she learned she could have purchased the same number of coins for $1,600 less.
“How could I be mislead by Glenn Beck, Fred Thompson and Marvin [sic] Levin?" she wrote.
There is something deeply amusing about Fox News viewers being targetted by gold coin sellers making massive profits preying on their ignorance and fears. :lol: