Rep. Anthony Weiner (D-NY) has opened up a full-throated attack on Glenn Beck’s peddling of gold coins from Goldline.
Weiner accused Beck of using his show “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.”
Media Matters for America reported that on Oct. 6, 2009, Beck said this on his Fox News show:
You don’t have any gold, right? This is you. This is you. This is your savings. How much did you lose if you had any money in your 401k? Did you lose, let’s say, I don’t know, 40 percent of it? So, that’s gone. Now, did you know that the dollar has lost nearly 29 percent of its value in the last seven years? Twenty-nine percent. OK, that’s gone. Just gone.