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Monday, July 29, 2013
Newsmax's Latest Scheme: Fleece The Government For All It's Worth
Topic: Newsmax

Newsmax has a notable history of promoting dubious financial schemes to its readers. Now Newsmax is at it again -- this time with one that would seem to be at cross purposes to its conservative agenda.

Media Matters' Simon Maloy details how the Newsmax-published Franklin Prosperity Report is telling its audience to take advantage of a "weird trick" to go on taxpayer-funded vacations and "add $1000 to monthly Social Security checks," despite Newsmax being otherwise opposed to instances of government waste.

The Newsmax page telling you all about it says that people over 50 can "Grab up to $20,500 of the trillions in money, services,
and other goodies that Uncle Sam may have ALREADY allocated for
your family for 2013 — and find out about more than 40 unclaimed
government grants, giveaways, and subsidized trips."

This is the usual Newsmax modus operandi -- throwing in a bunch of "free" reports on top of a "free" trial subscription to two Newsmax newsletters that you must cancel at the end of the "free" period to avoid being charged for an entire year's subscription to them, at a cost of $144 for both (which Newsmax optimistically frames as "convenient automatic renewal").

Posted by Terry K. at 5:52 PM EDT

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