Tag Archives: gold

Gold (for those with no) Standards

From THINK PROGRESS:

Conservative lawmakers across the country seem determined to crucify mankind upon a cross of gold. In the past week, a string of articles have exposed how once-fringe conservative economic theories have migrated into the political mainstream — with alarming consequences.

Perhaps the most obvious example is the conservative gold craze, which is based on apocalyptic beliefs that the U.S. dollar is on the verge of collapse, runaway inflation is imminent, and gold is a more stable and reliable currency than paper money. The tough economic times have spurred many Tea Partiers in particular to rush to invest in gold, pushing its price to a record high. Glenn Beck and other talk show hosts frequently advertise gold on their shows — along with fallout shelters — “as a way to weather the end of the world as we know it.”  And presidential contender Ron Paul (R-TX), who was made chairman of the House committee overseeing federal monetary policy, has long advocated returning to the gold standard and abolishing the Federal Reserve.

This month Utah became the first state in the country to officially recognize gold and silver coins as legal currency:

Utah legislators want to see the dollar regain its former glory, back to the days when one could literally bank on it being “as good as gold.”

…snip…

The idea was spawned by Republican state Rep. Brad Galvez, who sponsored the bill largely to serve as a protest against Federal Reserve monetary policy. Galvez says Americans are losing faith in the dollar. If you’re mad about government debt, ditch the cash.

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Why would I buy food from someone who makes me lose my appetite?

(Scroll down for a special announcement, Raisinettes!)

From TALKING POINTS MEMO:

If you ever find yourself in a post-nuclear holocaust environment and come across people eating beef stroganoff, odds are they’ll be Glenn Beck fans. You may have heard about Beck’s relationship with Goldline International, which urges people to buy gold and stay safe from the supposed inevitable devaluing of the dollar. Now meet Food Insurance, which sells survival kits of freeze-dried food and other items to help people live from two weeks to 12 months, depending on the plan purchased (and post-apocalyptic conditions). Beck has promoted the company’s products, is featured prominently on the company’s website, and a banner ad for the company, bearing Beck’s image, was spotted on his website […]


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Glenn Beck University, Where Every Degree Is A BS Degree!

From POLITICAL HOTSHEET at CBS NEWS:

Conservative Fox News television host, author, and radio host Glenn Beck has started a university.

Sort of.

According to an announcement on Beck’s Web site, “Beck University is a unique academic experience bringing together experts in the fields of religion, American history and economics.” In July, August and September, interested parties can participate in “captivating lectures and interactive online discussions” in which “experts will explore the concepts of Faith, Hope and Charity and show you how they influence America’s past, her present and most importantly her future.”

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Such a Small Tent, But So Many Circus Acts

From POLITICS DAILY:

Glenn Beck, the Fox News personality and chalkboard scrawling libertarian hero, gave the marquee speech Saturday night at the Conservative Political Action Conference in Washington.

Swapping out a teleprompter for his famous chalkboard, Beck wowed the faithful with an hour-long presentation that defended conservatism, praised the Founding Fathers and lampooned Washington, D.C. as an addict in need of immediate treatment. He looked to history to predict that without an immediate course correction and reduction of the federal budget deficit, America is headed for “an economic holocaust.”


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(left to right: Glenn Blechhh, Batshit Michele Bachmann, Newt xGangrenex Gingrich, Mike I-Shop-In-Iraq! Pence)
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Filed under Ann Coulter, Constitution, Corruption, Democrats, Fox News, Glenn Beck, humor, Iraq War, Mitt Romney, Newt Gingrich, parody, politics, Republicans, Ron Paul, Ronald Reagan, Sarah Palin, snark, television

All That Glitters is Often Tarnished

From abcNEWS:

Prosecutors at the human rights trial of former Liberian warlord Charles Taylor alleged Thursday that Christian televangelist Pat Robertson had lobbied the White House on Taylor’s behalf in return for a gold mining contract.

The controversial pastor and former Republican presidential contender met with then-President George W. Bush on Taylor’s behalf, prosecutors charged during cross-examination of Taylor in a Dutch courtroom, allegedly in return for a contract to mine gold in southeast Liberia — a contract they say that Taylor had no legal right to grant.


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All That Glitters Is Not Gold

From MEDIA MATTERS:

In recent months, Glenn Beck has repeatedly used his television show to plug gold as a way for his audience to “protect” themselves from the possible economic collapse of the U.S. dollar and economy. At the same time, several precious metals investment firms have regularly advertised on his television show, and Beck is a “Paid Spokesman” for Goldline International, which has an “exclusive” sponsorship deal with his radio show and bills itself as “Glenn Beck’s Choice for Gold.”


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Insanity Is Her Currency

From Think Progress:

Earlier this week, right-wing fanatic Rep. Michele Bachmann (R-MN) started peddling false conspiracy theories that the world was moving toward a unified global currency — and that the U.S. might join in as early as next week’s G-20 conference. The myth was started when China’s central bank governor suggested replacing the dollar as the world’s reserve currency. Though the suggestion has nothing to do with a unified global currency, Fox News’ Major Garrett decided to ask President Obama whether he supported the fictional prospect of such a move. (Obama, for the record, does not.)

Today on Glenn Beck’s radio show, Bachmann declared that the U.S. will soon be moving to “give up the dollar as our currency and we would just go with a One World currency.” Such action, she warned, would mean the U.S. as a country would be “no more”…


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