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The Washington Post Profile picture
@washingtonpost
Jul 25 • 8 tweets • 4 min read Twitter logo Read on Twitter
Dedicated viewers of Fox News are likely familiar with Lear Capital, a company that sells gold and silver coins.

An ad for the coins caught the attention of Terry White, a disabled retiree. In 2018, White invested $174,000 in the coins — only to later learn that Lear charged a… https://t.co/1wd4CaL7pBtwitter.com/i/web/status/1…
Graphic illustration of a person stuck in a web with gold and silver coins lined on the perimeter on top of a red background. Headline reads: How right-wing news powers the ‘gold IRA’ industry.
The loss put an “enormous strain” on his finances, said his wife, Jeanne, who blames Fox for their predicament: “They’re negligent,” she said.

White said he thought Fox “wouldn’t take a commercial like that unless it was legitimate.” wapo.st/44DXKnn
The gold retirement investment industry spends millions of dollars a year to reach viewers of Fox, Newsmax and other conservative outlets, according to a Post analysis of ad data and financial records, as well as interviews with industry insiders.

Former Fox News host Bill… https://t.co/wSpzS7C18Gtwitter.com/i/web/status/1…

Photo of Former New York mayor Rudy Giuliani, who has promoted the coins. Photo by Salwan Georges for The Washington Post.
Photo of Sens. Ted Cruz (R-Tex.) and J.D. Vance (R-Ohio), right, appearing at the Conservative Political Action Conference in March. Ads for gold coin companies have appeared on Cruz's podcast. Photo taken by Jabin Botsford for The Washington Post.
An analysis by The Post of political newsletters, social media, podcasts and a national database of television ads found that pitches to invest in gold coins are a daily presence in media that caters to a right-wing audience and often echo conservative talking points about… twitter.com/i/web/status/1…
One of American Hartford Gold Group’s ads caught the attention of Ed DeSanto, 65.

He said he believed he was being careful when investing: He picked Hartford because it scored well in a ranking of gold IRA companies he found online.

But such rankings often include disclosures… https://t.co/simcbjD9idtwitter.com/i/web/status/1…
Photo of Ed DeSanto, wearing blue jeans and a teal shirt, sitting in a chair. His $100,000 investment in a Hartford IRA netted him just $53,000 worth of gold and silver. Photo by Josh Ritchie for The Washington Post.
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 others— its advertising has become a mainstay of right-wing media. wapo.st/44DXKnn
However, not every company selling gold and silver is the subject of scrutiny.

Here are some tips for navigating the gold coin industry: washingtonpost.com/business/2023/…
Over the past decade, more than 30 customers in 20 states have sued a dozen gold IRA companies, including Lear.

Federal regulators have sued four companies — two in the past year alone — claiming investors were systematically charged as much as triple the coins’ value.… twitter.com/i/web/status/1…

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More from @washingtonpost

The Washington Post Profile picture
Jul 25
Exclusive: Delgardo Franklin II had been hearing voices in his head but refusing mental health treatment for weeks. So his father took matters into his own hands, calling Arlington, Va. police while his son sat at a bus stop on a summer day in 2019.

Four years later, the father,… https://t.co/Phvwgzfxkjtwitter.com/i/web/status/1…
As one officer pointed a Taser device at the younger Franklin, another ordered him to kneel so he could be handcuffed, video obtained by The Post shows.

When Franklin refused, five officers circled him and moved in on cue, wrestling him to the ground. wapo.st/3qbpH6N
Police then jailed Franklin and charged him with assaulting three officers.

All of it while his father stood by, watching in disbelief as police overpowered an unarmed man he told them was in mental distress. https://t.co/xKolccgvF3wapo.st/3qbpH6N
Pictured above is Delgardo Franklin II, left, with his father, Delgardo Franklin, and two younger brothers. Below is a quote from Delgardo Franklin that says,“He’s noncombative. He’s nonaggressive.” (Family photo)
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The Washington Post Profile picture
Jul 7
“We have never seen anything like this before.”

On Monday came Earth’s hottest day in at least 125,000 years. Tuesday was hotter.

A remarkable spate of historic heat is hitting the planet, raising alarm over looming extreme weather dangers — and an increasing likelihood this… https://t.co/WgScWozFMQtwitter.com/i/web/status/1…
In recent weeks, weather extremes have included record-breaking heat waves in China, where Beijing surpassed 40 degrees Celsius for the first time, and in Mexico and Texas, where officials were struggling to keep the electricity grid up and running. wapo.st/3JQcB5B
Wildfire smoke that has repeatedly choked parts of the United States this summer is a visible reminder of abnormal spring heat and unusually dry weather that have fueled an unprecedented wildfire season in Canada, which saw both its hottest May and June. wapo.st/3JLcTe4
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The Washington Post Profile picture
Jul 6
A new social platform just dropped.

Mark Zuckerberg’s Threads, a clone of Twitter designed to lure people turned off by the social network’s changes under owner Elon Musk, has 30 million signups as of Thursday morning.

But Threads also comes with Meta baggage, including… https://t.co/9gaxVb4ofAtwitter.com/i/web/status/1…
Threads may be the first Twitter alternative that really matters because it’s built on top of Instagram’s existing base of billions of users, @geoffreyfowler writes.

Alternatives Mastodon and Bluesky have yet to grow beyond single-digit millions of users. wapo.st/3O5b52g
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The Washington Post Profile picture
Jun 21
For months, Lexi Rizzo had clocked in before dawn convinced that the company where she had worked for nearly eight years was determined to fire her.

And Rizzo thought she knew why: She was one of 49 baristas from across Buffalo who sent a letter to the company’s chief executive… twitter.com/i/web/status/1… While looking in the mirror...
Today, there are about 320 unionized Starbucks stores in the United States. But the gains have come at a price, union officials said.

Only 13 of the workers who signed the original Buffalo organizing letter are still with the company. wapo.st/3p8dlvM
In August 2021, Rizzo was among the first Starbucks employees in Buffalo to join the nascent union’s organizing committee.

Within a week, she had persuaded all of the hourly workers at her store to sign union cards, expressing support for an election. The company responded by… twitter.com/i/web/status/1… Starbucks employees and sup...
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The Washington Post Profile picture
Jun 20
Breaking news: OceanGate CEO Stockton Rush was identified as one of the five people on the missing submersible, along with British businessman Hamish Harding, retired French navy commander Paul-Henri Nargeolet, British-Pakistani businessman Shahzada Dawood and his teen son,… twitter.com/i/web/status/1… Bold white text with black ...
The submersible vessel that vanished while on an expedition to explore the wreckage of the Titanic has about 40 or 41 hours of emergency oxygen left for the five people onboard, the Coast Guard said Tuesday afternoon.

Here’s else what to know: wapo.st/3CDkuY9
The submersible went on a dive Sunday morning and lost contact with the Canadian research vessel Polar Prince about 900 miles east of Cape Cod.

OceanGate alerted the Coast Guard on Sunday afternoon after contact was lost about one hour and 45 minutes into the dive.… twitter.com/i/web/status/1…
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The Washington Post Profile picture
Jun 20
Locals used to say that Crawford Lake in Ontario was bottomless. Its waters ran deeper than people could reach. Anything that dropped into the basin, it seemed, would fall till the end of time.

Digging into the lake’s sediments, scientists have uncovered a record of more than a… twitter.com/i/web/status/1…
It shows — perhaps more than any other place on Earth — that humans have transformed the planet’s chemistry and climate at a pace never seen before.

These changes are so fundamental, many scientists believe they mark a new chapter in geologic time: The Anthropocene.… twitter.com/i/web/status/1…
This summer, researchers will determine whether Crawford Lake should be named the official starting point for this geologic chapter, with pollution-laden sediments from the 1950s marking the transition from the dependable environment of the past to the uncertain new reality… twitter.com/i/web/status/1…
Read 6 tweets

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