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Fox News Goldline Investment Scheme

Posted On : October 25th, 2010 | Updated On : October 25th, 2010

Goldline International is under investigation by the Santa Monica City Attorney’s office, jointly with the Los Angeles County District Attorney’s office, as well as being the subject of a separate investigation by Congress into possible criminal practices. The firm has been the subject of an ABC Nightline News Exposé, as well as an investigation by NY Congressman Weiner. This investment scheme, hyped by Fox News, is really nasty when you consider that Fox News was running a disclaimer on the Glenn Beck program claiming that advertisers do not influence the content of any Fox News programs and that a message from advertisers is not the views of Fox News. It should have been disclosed to viewers of the Glenn Beck program on Fox News that Glenn Beck is a paid spokesman for Goldline. It should have been disclosed to viewers that Glenn Beck had a financial interest in pushing gold higher. Folks, this is a rare glimse into how mainstream media groups are used to manipulate financial markets. Jess Bachman turns his graphic expertise to the Glenn Beck/Goldline endorsement scheme:

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