Thursday, April 9, 2020

The Left’s Ugly Reaction to Hydroxychloroquine

Kai Pfaffenbach/Reuters
The idea that he is promoting the drug to boost the price of a mutual fund in which he owns shares is perhaps the most ludicrous conspiracy theory yet.
A widely shared, four-person-bylined, “wow”-provoking New York Times story today informs us that Donald Trump is personally benefiting from his “aggressive advocacy” of the anti-malaria drug hydroxychloroquine because he owns stock in one of the companies that manufacture the drug.
The story might be one of the most ridiculous articles published by mainstream media in the Trump era — though, admittedly, the field is highly competitive. But while knee-jerk anti-Trumpism is expected, the angry obsession over the president’s championing of hydroxychloroquine is uniquely ugly.
For one thing, and I realize this might be difficult for some people to comprehend, it’s plausible, even likely, that Trump advocates for chloroquine because he is legitimately optimistic that a therapeutic answer might help Americans. Even if you feel he’s being reckless when speaking about the drug, you can accept that his intentions are good.
It’s also possible that Trump is hopeful about hydroxychloroquine because he thinks it will help his reelection. Desiring an outcome that benefits the vast majority of Americans, but also benefits you, is a perfectly sound moral position. Hoping for negative outcomes to strengthen your partisan position, on the other hand, is pretty nefarious.
In any event, the crack team at the New York Times thinks it’s unfurled the mystery. “As of last year,” reports the paper, “Mr. Trump reported that his three family trusts each had investments in a Dodge & Cox mutual fund, whose largest holding was in Sanofi.”
As far as we know, Trump probably owns less than $100 of Sanofi stock in one of his mutual funds. If things go well, say he triples his position, Trump will be taking in upwards of $300. Art of the Deal, indeed.
Read the rest from David Harsanyi HERE.

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