The bullying by Congressional committees of various unpopular industries has taken on warp speed.
But in a very disturbing new tactic, Congressional Democrats specifically are targeting a sponsor of conservative media shows, particularly the Glenn Beck Show, on a flimsy pretext:
Forget Goldman. New York Rep. Anthony Weiner has been shooting a bit lower in the finance food chain, going after gold dealers.
His latest target, the company Goldline, which has made its name profiting — with the help of conservative talkers — off fees for buying and selling gold against public anxiety….
A Weiner aide forwards his advisory, headed, “‘Goldline’ Rips Off Consumers, Profits Off Public Fears, Likely Violates Federal Law.”
“The company has formed an unholy alliance with conservative pundits to drive a false narrative and play off public fears in order to sell its products,” says the release.
Why bother with a bit player like Goldline? Because Glenn Beck still is on the air despite a boycott which has succeeded in scaring away some advertisers, but not Goldline.
Goldline is a specific target of boycotts of Fox News and Beck, and has been for months.
Media Matters, which has been targeting Beck and Fox New is absolutely crowing over the targeting of Goldline by Weiner:
At this hour, Weiner is holding a news conference not only call out Goldline as “a company that uses conservative rhetoric, high pressure sales tactics and tall tales about the future of gold to sell over priced coins that can be bought somewhere else for cheaper,” but to ask regulators from the Federal Trade Commission and Securities and Exchange Commission to investigate its tactics.
We are in dangerous territory folks. The congressional power to investigate, and to pressure the executive branch to bring enforcement proceedings, is being used to support a partisan boycott and to stifle political dialogue.
Whatever your view of Beck, and of the Beck boycott, the government has no business acting as enforcer.
The Democratic Party cannot be trusted with power, and Anthony Weiner proves it.
Update: More on Weiner’s disgusting abuse of power in a report this afternoon at Politico:
The report [issued by Weiner] alleges that Goldline grossly overcharges for the gold coins that constitute the bulk of its business, uses misleading sales techniques and takes advantage of fears about President Barack Obama’s stewardship of the economy – which are stoked by its stable of paid conservative endorsers including Beck, Mark Levin, Laura Ingraham and Fred Thompson – “to cheat consumers.” …
Goldline president and CEO Mark Albarian said Weiner is targeting the company because of its relationship with Beck, the popular conservative radio and television talk show host who has drawn rebukes from the White House for his scathing attacks on Obama.
“It feels like it’s politically motivated in that neither the Congressman nor anybody from his office ever contacted executives form the company to really ask the important questions that they need to ask to understand this business,” said Albarian, adding Weiner “doesn’t get” the gold retail business. The congressman’s report, Albarian asserted, seems driven by “our relationship with Glenn Beck, which we are very happy with.”
On his radio show Tuesday Beck teed off on Weiner, accusing him of leveling a politically motivated attack on Beck and Goldline at the behest of the Obama administration.
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Comments
These gangsters know not how to govern, just how to rule – with an iron fist.
I guess these guys studied their Stalin (his name means "man of steel") as well as Alinsky.
Both would be proud of Weiner and Co. The regime strikes again!
Why do the liberals care if conservatives are getting ripped off? Are their bleeding hearts so big as to include even their advisories?
Last week, JP Morgan issued an opinion that the demand for gold may soon become "unlimited". The technical term for this is "going parabolic". This would be the ultimate expression of "no confidence" in currencies.
With the death of the Euro imminent, foreign money has been buying up US Treasuries, as happened again today. That money will eventually be looking to move into better inflation hedges with gold being very high on the list.
This might be a signal that the government is interested in re-regulating gold, maybe even in forcing us to sell our gold to the government at a set price ($100/oz e.g.). Such a possibility, were it to gain credibility, would depress gold prices. Why not? They are desperate and nothing else is working with their new global socialism/fascism.
Every attempt to conserve wealth is deemed to be a new "bubble" and they have made it clear that they will very vigilant in preventing new economic "bubbles".
Just thinking out loud.
At what point does a government become corrupt enough that citizens will rise up and kill it?
I don't recall any American government at either the state or Federal level that has been so active in fighting the media that disagrees with them. I would think the smart move would be to ignore the conservative talk shows and radio. To go to batte with them increases their name recognition and gives any of their arguments a legitimate character. Obama and group are certainly not acting "presidential". It is as if they have not figured out that they won the election and control the Congress.
As to Goldline over charging, I just bought Euro's for a trip and was charge about 10 cents on the dollar, is Goldline worse than that?
msspurlock-I was thinking the same thing.What can we do?
What ever happened to Weiner's engagement? I remember when rumors were flying over Hillary and her right hand "girl" (some referred to as Hillary's "body" girl) Huma Abedin. It was shortly after rumors were flying that there was more than just a business relationship between Hillary and Huma, that Weiner announced his engagement to Huma Abedin.
Which in itself was strange as Weiner is Jewish and Huma Abedin is a devout Muslim, whose mother is a professor at a Saudi university.
And while Huma has moved on to be a high ranking official in the Hillary State Department, no more talk of her engagement to Weiner. NOT ONE WORD.
Weiner is just doing his master's bidding. But if he thinks that Hillary has given up wanting to park her thunder thighs in the leather chair in the Oval Office, he's dead wrong. Then what? Who does Weiner back when Obama's approval ratings are in the 30's? I wonder if Weiner leaves a slimy trail where ever he walks? Yeah, he does.
A rather nasty chill has made its way up my spine.
Quoted from and Linked to at:
La Cosa Obama Chronicles: The Pelosi Family