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RAB910
RAB910's Journal
RAB910's Journal
August 18, 2023
Even the horse gets it
August 15, 2023
An important TRUTH for Republicans
August 14, 2023
Clearly Harvard hires very smart people to be their professors
August 13, 2023
When they say they are terrorists, believe them
August 11, 2023
Anti-American GOP angry over special council appointment
https://twitter.com/Rep_Clyde/status/1690045702766833664?s=20
August 1, 2023
Well Said!
July 30, 2023
GOP promises to destroy the planet if they win in 2024
July 29, 2023
Ads for gold coins have become a mainstay on Fox News, Newsmax and other conservative outlets, even as regulators have accused some companies of defrauding elderly clients.
https://www.washingtonpost.com/business/2023/07/25/gold-ira-conservative-media/
Gold coin retirement scammers find good hunting on FOX "news"
How right-wing news powers the gold IRA industryAds for gold coins have become a mainstay on Fox News, Newsmax and other conservative outlets, even as regulators have accused some companies of defrauding elderly clients.
Dedicated viewers of Fox News are likely familiar with Lear Capital, a Los Angeles company that sells gold and silver coins. In recent years, the companys ads have been a constant presence on Fox airwaves, warning viewers to protect their retirement savings from a looming pension crisis and dollar collapse.
One such ad caught the attention of Terry White, a disabled retiree from New York. In 2018, White invested $174,000 in the coins, according to a lawsuit by the New York attorney general only to later learn that Lear charged a 33 percent commission.
Over several transactions, White, 70, lost nearly $80,000, putting an enormous strain on his finances, said his wife, Jeanne, who blames Fox for their predicament: Theyre negligent, she said. A regretful White said he thought Fox wouldnt take a commercial like that unless it was legitimate.
While the legitimacy of the gold retirement investment industry is the subject of numerous lawsuits including allegations of fraud by federal and state regulators against Lear and other companies its advertising has become a mainstay of right-wing media. The industry spends millions of dollars a year to reach viewers of Fox, Newsmax and other conservative outlets, according to a Washington Post analysis of ad data and financial records, as well as interviews with industry insiders. Former Fox News host Bill OReilly and former New York mayor Rudy Giuliani have promoted the coins, while ads for Lears competitors have appeared on a podcast hosted by Sen. Ted Cruz (R-Tex.) and Newsmax broadcasts of former president Donald Trumps political rallies.
https://www.washingtonpost.com/business/2023/07/25/gold-ira-conservative-media/
July 28, 2023
So Unfair
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Member since: Sun Jul 8, 2018, 05:28 PMNumber of posts: 3,501