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View Full Version : Beck Shills For Gold, Buys It Himself: The Horror!



Gingersnap
12-09-2009, 01:25 PM
Glenn Beck's gold-gate problem

Tue Dec 8, 3:47 pm ET

Yet another controversy appears to be brewing around Fox News host Glenn Beck. Some are accusing him of a blatant conflict of interest concerning his frequent on-air promotion of an investment sold by one of his main advertisers: Gold.

For some time Beck critics have cried foul over his relationship with Goldline International, a precious metals vendor that features the TV and radio host's endorsement prominently on their website. Critics charge that Beck is guilty of misleading his audience by often advising them to purchase gold in advance of the potential collapse of the value of the dollar on the world currency market, without disclosing that he is in fact a "paid spokesman" for Goldline. Beck's on-air promotion of gold, which includes advising viewers to construct "fruit cellars" and to rely on a "three G system" of "God, Gold, and Guns" in the event of America's collapse, dates back to his time as a host for CNN Headline News.

Glenn Beck also regularly talks up gold on his nationally syndicated radio show, where he often endorses Goldline during live commercial segments. Additionally, Beck has had the company's CEO on as a guest. Advertisements for Goldline are also featured prominently on Beck's own website, where he recently promoted gold in an audio clip warning of an apocalyptic future:

When the system eventually collapses, and the government comes with guns and confiscates, you know, everything in your home and all your possessions, and then you fight off the raving mad cannibalistic crowds that Ted Turner talked about, don't come crying to me. I told you: get gold.

Beck's promotion of gold presents a potential problem for Fox News, which strictly prohibits on-air personalities from making paid product endorsements. When contacted by Daily Finance for a comment on the matter, Fox News senior vice-president for development Joel Cheatwood said the network "makes an exception for its commentators who are also radio hosts," adding that they knew upfront that hiring Beck came with the understanding that he was also a radio host and that they "had to be accepting of certain elements of that." Nevertheless, a Fox spokeswoman said that the company is addressing the matter with Beck's agent, George Hiltzik.

However, Beck, who responded to the conflict of interest allegations on his show last Thursday by saying "So I shouldn't make money?", isn't devoid of defenders on the matter. Business Insider called the controversy "nonsense," adding "there's nothing wrong with a commentator advising viewers, listeners, or readers to take positions that he is taking himself. In fact, you might wonder about the motivations of someone giving financial advice he wouldn't take himself."

So, the take-home message is that lefties are too stupid to realize that Beck advertises for Goldline? :confused:

Yahoo (http://news.yahoo.com/s/ynews/20091208/ts_ynews/ynews_ts1022)

PoliCon
12-09-2009, 01:48 PM
Um - having listened to the show - he ALWAYS points out that goldline is one of his advertisers. :rolleyes:

Gingersnap
12-09-2009, 02:01 PM
Um - having listened to the show - he ALWAYS points out that goldline is one of his advertisers. :rolleyes:

That commercial comes on about every 13 minutes.

PoliCon
12-09-2009, 02:02 PM
That commercial comes on about every 13 minutes.

and he generally start the commercial by saying that he was a customer of theirs long before they were a customer of his.

lacarnut
12-09-2009, 02:22 PM
When it comes to truth in advertising, I will take Beck over Uncle Ben and Geithner. Those two yo yo's are up to their eyeballs in favoritism with Goldman S., AIG, CIT, etc. Plus, Becks critics probably do not have a pot to piss in or they just do not like him personally.

AmPat
12-09-2009, 02:35 PM
His critics are liars. Yes LIARS. I listen to Beck and he always says they are advertisers. He also says he himself buys gold. I hope Beck makes public fools of these fools over this.

Oceander
12-12-2009, 10:15 PM
They must be stupider than sin, after all, I'm nothing more than a dumb, venal conservative (as they'd describe us), and it's pretty clear to me that he's getting paid to run those advertisements; nothing could be clearer than that. As such, the only conflict of interest there might be is the one imagined by liberals who are too dumb to tell the difference between the radio show and the recitation of the sponsors' messages.