News Goat

Glenn Beck is well known around the world for his outspoken views and forthright style on the Glenn Beck Program on Fox News and also in his radio broadcasts. It is fair to say that Beck is a divisive figure, while he has legions of fans, he has been subject to criticism by anti-American liberals in the lame-stream media. The latest controversy revolves around his endorsement of Santa Monica’s Goldline International.

Goldline International retail gold, and are major sponsors of Glenn Beck. Certainly Beck seems admirably convinced of the merits of purchasing gold as an investment and of the trustworthiness of his sponsors in particular. Here is a video of Beck personally endorsing Goldline in a TV commercial:

Here is Beck extolling the virtues of Gold as a prudent hedge against hyper-inflation. He also implies that there may be a danger of this occurring with the US dollar, much as occured in Germany after the end of WWI:

While corporations have access to a treasury management system and modern miracles as eBAM, the individual has to make investment decisions based on much less information. The thoughts and opinions expressed on America’s most trusted news outlet can carry a lot of weight. Beck recommends gold, and antique gold coins in particular.

Authorities in South California are investigating the sales strategy of Goldline for possible impropriety. The allegations stem from the endorsements Beck has been giving to antique coins in particular. The profit margin on these is many times greater than for bullion or newly minted gold coins such as the American Gold Eagle or the Kruggerand. These coins do not have ‘intrinsic value’ meaning what they are worth is their weight in gold and no more, meaning that in the event of a financial crash they can be melted down and sold. This is not true of antique coins, which are ‘numismatic’ to one degree or another.

Here is an infographic that explains the case being made by liberals over the Goldline affair. Beck’s critics should be aware that he is not afraid to stand up for himself. In 2009 Glenn Beck resorted to legal action to silence persistent questions as to whether he had raped and murdered a young girl in 1990.

Paying to sit in a more luxurious part of the airport might seem to be a bit of a waste of money. This is however just the service that airport lounges offer, and it may actually be better value than you think. A stay of 3 hours or so in an airport lounge will typically cost between £10 and £20 per person. What you get for that depends on the airport and the lounge, but it can add up to be great value for money.

Traveling can be a hassle, whether it is business or a holiday – things that make the process that little bit more bearable have to be a good thing. The core of what airport lounges offer is somewhere a bit nicer to sit while you wait for your flight. Terminals can be overcrowded and on the uncomfortable side, especially if your flight is delayed and you have to wait around.

Lounges tend to focus on the business customer with facilities such as fax machines and Internet access commonly available. TVs, games consoles and complimentary magazines and newspapers are on hand to occupy those not glued to their laptops. The real kicker though is the complementary food and drink.

Food and drink in airports is very expensive. If you are spending two or three hours in an airport before a flight you can easily rack up quite a bill if you want to eat and drink, and as eating drinking and shopping are the only diversions its hard not to.The food in most lounges tends to be limited to snacks, and the drinks included usually do not include champagne, but you can have as much as you like.

Probably the most luxurious lounge operated in Britain was opened last year by Etihad at London’s Heathrow airport. Passengers waiting for their flights to Abu Dhabi will enjoy a mind boggling level of luxury. This stretches even to having a spa offering facials and massages! Of course the catering gores beyond a few crisps in a bowl as well, with 5-star dining facilities offering food from around the world.