Weiner’s Fool’s Gold Attack

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New York Democratic Representative Anthony Weiner, a member of the House Subcommittee on Commerce, Trade and Consumer Protection, is using his public office to attack one of Glenn Beck’s key sponsors, Goldline, Inc.  It seems that Goldline has committed the heinous crime, according to Weiner, of exploiting Beck’s scaremongering about the collapsing economy to tout gold as a safe haven and to overcharge for gold coins.

Weiner is abusing the power of his office to intimidate Goldline into dropping its sponsorship of Beck, whom Weiner regards as a serious threat to his progressive agenda. Weiner wrote letters to the SEC and FTC requesting that they investigate Goldline and is proposing punitive legislation against the company.  Under Rep. Weiner’s plan, Goldline would be required to show consumers (and presumably its competitors) its full business model including what he calls their “astronomical markups.”

In launching his fools gold crusade, Weiner said:

Goldline … has recently gained prominence through the use of high-profile conservative spokespeople like Glenn Beck, who use their shows to prey on the public’s fears of inflation and socialist takeovers while actively promoting the purchase of gold coins as insurance against this purported government overreach.

Last night, Weiner came on the “O’Reilly Factor” to defend his charges against Beck and Goldline.  He called Beck Goldline’s “shill” for promoting its sale of the heavily marked-up gold coins.  O’Reilly pointed out that Goldline was rated A+ by the Better Business Bureau and was free to charge whatever it wanted for its coins.  O’Reilly also said that Weiner was being unfairly selective in going after Beck’s sponsor and not other gold companies with far worse Better Business Bureau ratings. Weiner’s response was to attack the credibility of the Better Business Bureau and O’Reilly himself.

I think that O’Reilly let Weiner off too easily. Weiner, needless to say, is a leading progressive voice in Congress.  He is also a hypocrite.  For example, he has been one of scandal-ridden ACORN’s strongest advocates with a 100% voting record in support of their positions.

Weiner also has a 100% voting record in support of positions favored by the Council on American-Islamic Relations  (CAIR).  CAIR was named as an unindicted co-conspirator of the Holy Land Foundation for Relief and Development, an Islamic “charity” which was convicted in 2008 by a federal jury for giving more than $12 million to the Palestinian terrorist organization Hamas.

Weiner sure knows how to pick his friends.  Instead of going after a corrupt leach of the taxpayers – ACORN – and a radical Islamic group with ties to the Muslim Brotherhood – CAIR, Weiner is attacking Beck and a perfectly legitimate business rated A+ by the Better Business Bureau.

Weiner says he is just trying to look out for the consumer who, apparently in Weiner’s eyes, is unable to look out for himself.  Yet the industry contributing the most money to Weiner’s campaigns has been the real estate industry, which has cost consumers and investors billions of dollars in losses.

Gold does not depreciate in value and is not affected by fluctuations in currency values.  Real estate values have plummeted and are affected by variables over which consumers and investors have no control such as interest rates.  In the last three years, the price of gold has increased about 70%.   Since 2003, the price of gold has tripled.  As for housing, from the beginning of the downturn in mid 2006 to June 30, 2009, the median price of an existing home nationwide fell by 30%, or 11% annualized, according to Fiserv Lending Solutions. The median home now sells about what it sold for in 2003.

Why isn’t Weiner going after Fannie Mae, Freddie Mac and his buddies in the real estate industry who helped bring about the real estate collapse?  Could it be that Weiner is their bought-and-paid for shill in Congress?

  • watchful

    Just another little dust mite that needs to be swept out from under the bed during spring cleaning. One by one they pop up letting us know who should be the next to go.

  • Mary

    I think Weiner is posing for his base. He knows that his base really doesn't know, or care if he's supported by corrupt individuals or is corrupt himself. His base just wants to know that its interests are served. If so, they'll vote for him even if he's on video tape shoving tax dollars into his freezer. Weiner going after Goldline is just more political theater. Intelligent, well informed people see it for what it is. (I agree O'Reilly let Weiner off too easily….Bill is slipping!)

  • solemnman

    This odious little radical always launches his deluge of verbiage with a demeaning snear. in the practiced tactic of the left .He continually interupts his opponent,as they all do, with the usual laundry list of points -beginning with the standard -Bush is to blame for everything .

    • http://intensedebate.com/people/WildJew WildJew

      Former President George W. Bush boasted that he was the first American president to make the establishment of a Muslim-terror state in Israel a "formal goal of US policy." Indeed he was. He did this to appease his Saudi friends, amongst other jihadists the Bush family associates with.

      Robert Weissberg wrote this morning: "What does this mean for defeating Islamic terrorism? Most obviously, pleas for accommodation, appeasement, if you will, can only be interpreted by (Muslim) terrorists as success. Remember, this is their purpose – advance a theocratic agenda, slowly if that is the only option – not slaughter as many infidels as possible. Put succinctly, transformation, not carnage."

      George W. Bush and his supporters are responsible for the rise of Barack Hussein Obama, plain and simple.

      • http://intensedebate.com/people/WildJew WildJew

        A FPM reader gave this one above a negative vote, only he or she is too pusillanimous to attempt to make his or her case. Much easier to give a thumbs-down than make one's case.

      • http://intensedebate.com/people/WildJew WildJew

        Former President George W. Bush boasted that he was the first American president to make the establishment of a Muslim-terror state in Israel a "formal goal of US policy." Indeed he was.

      • http://intensedebate.com/people/WildJew WildJew

        PS: I voted for Bush in 2000; sadly.

  • http://intensedebate.com/people/topperj topperj

    O' Reilly is a dupe and a terrible interviewer. Weiner is a weiner. Nuff said.

  • WildJew

    "A plague on both their houses," Weiner's and Beck's. Weiner is little doubt a far-leftist hypocrite. Ever since Glenn Beck called or inferred courageous Dutch politician Geert Wilders is a fascist, I have no use for Glenn Beck. Beck placed himself firmly in the camp of the enemy. We hear gold advertised on such disparate radio talk shows as Rush Limbaugh and Michael Savage. Savage advertises gold himself. I've not heard Limbaugh do a personal advertisement for gold. More importantly, I have heard neither man claim that he personally invests in or owns gold.

  • Cuban Refugee

    Weiner is acting as one of the White House bully attack dogs against Beck. They despise Glenn because he exposes to the voters the connections they would prefer to sweep under the rug, and he does it with wit and a nonpareil research staff. The people he highlights, through their own words, in video, recordings, and writings, have never been able to refute any of his reports. If there were more Becks in the Fourth Estate, perhaps we would not be suffering the misery of Hope and Change. Let Weiner crawl back in his progressive bun and leave Glenn Beck to do what he does best: shed the light of truth on vermin like him and the others in Congress who are shills for the New World Order.

  • guest

    Geert Wilders is a hero. No one else stands against the politically correct monsters.

    Weiner is a political throw to the dogs. No one else is out anything if the media takes him down. His agenda is whatever they send him to do. Dollar devalued by 30 % last year, no thinking man would have a position that gold is over priced. It simply reflects whats going on. I choose to believe he is not an idiot, just doing what he is told.

  • Mike Elmore

    Beck is the biggest hypocrite of all after throwing Geert Wilder under the bus. I don't want to hear his bullshit about freedom of speech and the Constitution. He's a complete moran. Don't forget his remarks about Wilder were made after Saudi Prince Alwaleed Bin Talal just purchased an even larger share in New Corp.. talk about crouching down and licking the hands which feed you (S.Adams). It would do everyone well who listens to Fox to remember that maybe the Fox really is guarding the hen house.Dumb up America cause if you don't stand for something you'll fall for anything..elmore

  • Rick

    Weiner is a despicable self hating Jew. He licks the boots of Islamic Jew haters, and endorses federalization of every aspect of US life. A truly disgusting human being.

  • Rick Benson

    Weiner's idea of a debate is to talk non-stop, and not let his counterpart (O'reilly) get in a complete sentence. Instead of letting Weiner go on and on, O'reilly should have insisted that this corrupt little bastard shut up for a few seconds. Trying to make a point with motormouth in high gear is pointless.

  • C. Gee

    The Weiner assault one Goldline is a continuation of the Van Jones attempt to have advertisers withdraw from the Beck show. This is itself the vanguard of the operation to choke off Fox News.

  • suzyq

    If you want to know why – look no further than Huma M. Abedin, his Muslim fiancee who works for Hilliary Clinton in the State Department. Her mother was born in Pakistan and is now a professor in Saudi Arabia, late father (also Muslim) in India. She was born in Kalamazoo, Michigan but she grew up in Saudi Arabia. As you probably know Weiner is Jewish. All of this probably tells you all you need to know.

  • jjfff

    "Weiner also has a 100% voting record in support of positions favored by the Council on American-Islamic Relations (CAIR). CAIR was named as an unindicted co-conspirator of the Holy Land Foundation for Relief and Development, an Islamic “charity” which was convicted in 2008 by a federal jury for giving more than $12 million to the Palestinian terrorist organization Hamas."

    What a filthy smear merchant? How about some evidence jackass? Weiner is 100% pro-Israel and lead the fight against Islamic textbooks that preach hate. How about some evidence jackass? Of course your Jesus freak tea partiers are going to eat up this garbage. The same goes for the Acorn charge. Stupid noob.

    • WildJew

      What do you call pro-Israel? Can you define it? Does Weiner support a Muslim state in Israel? Does he support his president's anti-Israel policies? Does he support President Obama pressuring the Jews to stop building homes in their land and their capital? Has he condemned Mr. Obama for his racist, ant-Semitic policies?

    • Joseph Klein


      Next time do some research of your own before you throw mud at the messenger. Weiner is a hypocrite, pure and simple.

  • gpcase

    Some of you guys are wasting a great deal of time in a pissing contest to see who is the most pure. Beck threw Wilders under the bus so he's in the other camp? Since when has Beck appeased the Islamists? Weiner is 100% pro-Israel AND 100% pro-CAIR? Who did the analysis and which votes were used? Tea Partiers are Jesus Freaks?

    Christians who follow current events probably do as much if not more independent research than anyone else, so why the gratuitous slap at Christians? Also, there are a good many Objectivists, Libertarians and other constitutionalists who don't rely on God to tell them we're heading for a train wreck. Historical knowledge of financial panics and currency crises will explain why the progressive/Marxist camp loathes the use of gold as a hedge against inflation: it prevents the owner of precious metals from blindly being stolen from.

    • http://intensedebate.com/people/WildJew WildJew

      Wilders is a Christian. If I were Wilders, I would remind Glenn Beck that his savior said, "He who is not with me is against me." That is why Beck threw Wilders under the bus, thus placing himself in the other camp. There is no middle ground in this war. It is good vs. evil. Civilization vs. barbarism. True Christians know it.

  • gpcase

    The issue is why Weiner is trying to weaken Beck's ability to get his message aired by attacking a sponsor. I see this attack as part of the Alinsky model's version of divide and conquer. Its an attempt to kill the messenger rather than attack the message directly. I'm telling you, they wouldn't be bothering with Beck if he were ineffective. Beck is changing the debate, he's naming names, and the left has targeted him with a vengence.

  • beckncall

    Weiner is on Beck over Gold line, Obama is campaigning in California for Boxer……….while the gulf is filling up with oil. HEY WEINER where's your hard work and outrage at the oil spill? Can you imagine any other President campaigning or playing golf with the greatest environmental disaster in our history going on while he says FORE!
    To top it off he sends a third of the National guard Arizona needs for protection. Phoenix is the 2nd highest kidnap capitol in the world and Obama calls their law racist?
    Weiner is trying to silence BECK, Obama just plain ole doesn't give a crap about America!

  • rob

    If Weiner had been around during WWII and thrown into a concentration camp he would have been a "Kapo" dishing out the punishment at the behest of his Nazi pals.

  • http://intensedebate.com/people/Zatoichi Sam Deakins

    I understand that Barney Frank really likes Weiner.

  • USMCSniper

    On April 5, 1933, Roosevelt signed Executive Order 6102, which ordered people to turn in their gold to the government at payment of $20.67 per ounce. While there were some exceptions for dental use, jewelry, and artists and others who used gold in their jobs, most people were not covered. (Individuals could hold up to $100 in gold coins, but the government confiscated the rest.) Furthermore, the president’s order nullified all private contracts that called for payment in gold. Today, the U.S. monetary system is adrift in inflated dollars. Gold prices at this writing are nearly $1200 an ounce and the dollar has been falling against other international currencies. The only constraints on the Federal Reserve System’s determination to continue this inflation by printing money are political.

  • ejhickey

    Goldline's prices or bullion coins as opposed to "collectible" gold coins are almost the same. Their prices for both Eagles and Maple Leafs are within $5 -$10 of each other . there are similar price differences on Ipads and I Phones depending on the dealer. As for prices on collectible gold coins, those always vary depending on the dealer, condition and the market. However no matter what one pays for gold coins , either bullion or collectibles , they have one advantage: they will never be worth zero. the same cannot be said about stocks or bonds or even paper currency.

  • Konrad

    Weiner is a scum. He had to pay a $30000 fine for illegal loans given to his campaign. His stupid upper income constituents keep voting for him in spite of his continual support of higher taxes which hurt them.

  • Roger

    As more money is printed demand for gold will just be elevated. Back in 1978 the value of gold went from $185 per ounce to $850 per ounce. That's the equivalent of $2.500 in dollars today. If you also consider that interest rates were higher back in 1978 then $5.000 per ounce of gold is looking ever more likely. There is nothing foolish about owning physical gold coins. British Sovereigns