From Dick Atlee:
Mike Cernovich, an investigative reporter and documentary producer, dug
into the facts behind a New York Times article alleging that part of the
reason Trump is touting chloroquine as a COVID-19 treatment is that he owns
stock in Sanofi, the drug company that patented chloroquine. He published
his findings on his website in a very succinct short article that consists
mostly of two screenshots of Trumps financial disclosures and a few
2nd-grade math calculations:
Trump owns between $29 and $435 of Sanofi Stock April 7, 2020 https://www.cernovich.com/sanofi-and-trump/
Summing it up, Mike found that Trump has somewhere between $1000 and
$15,000 in a mutual fund, of which Sanofi makes up 2.9%, for a total
interest in Sanofi of between $29 and $435. And the drug is off patent, so
Sanofi can’t make any money off of it.
It’s this kind of straightforward research that so often pulls the curtain
away from mainstream mislead. But now there are a host of NYT readers who
now believe Trump is stereotypically pushing a drug so he can make money
from it, which will make it all the harder for that drug to begin to cut
into the virus death rate.
Two days later, Mike gave an interview to The Highwire:
in which he described this. He also raised the fact that the mainstream
news always talks about chloroquine as “untested” (despite decades of
trivial use) and never mentions the concept of “off-label use” (for
COVID-19 instead of the licensed anti-malarial purpose) which characterizes
so many drugs.
Nothing fake news about any of this. The only problem was that Mike had
also made a documentary on the “mainstream-media-as-fake-news” issue called
“Hoax”, which was available on Amazon:
“HOAXED is an insider’s look at the Fake News phenomenon and the
consequences of media misinformation, with interviews from those who have
been accused of spreading it themselves.”
After The Highwire interview, Amazon suddenly cut off sales of the film and
is reported to have started removing it from the Kindles of purchasers.
It is now apparently the best-selling video on iTunes, or was at one point.
So there is a happy ending to Mike’s part of the story.
But what does it say about the New York Times? And about Jeff Bezos’s
Amazon? And the connection between them? And the larger picture of the
conflict between those who want to prolong the lockdown and those who say
its cost/benefit ratio is not what is claimed?