If I ever have to have a brain transplant, I want Alyssa Milano's. Now, I never want to have a brain transplant but if I do, I want to make sure I get one that's never been used before. No use getting one that's already worn out. Her latest claim is that President profited from the Covid-19 crisis. She was echoing the NYT. Let's fact check shall we? Did Trump profit? Yes. How much did he make. We're not certain but it is definitely below one hundred dollars.
It seems that the president has 3 family trusts. All three trusts bought a very small amount of stock in Sanofi, the French drug maker that makes Plaquenil, the brand-name version of hydroxychloroquine.” Market Watch took the time to figure out how much the president made and although they could not say exactly, the maximum he could have made is $99 dollars.
I dare the Democrats to attempt to impeach President Trump over this. If you think people rallied around the president during the Mueller Inquisition and the bogus impeachment investigation, watch what would happen with this. It would be a blood bath.
Breitbart’s John Carney also rated the Huffington Post headline “Donald Trump Has Stake In Hydroxychloroquine Drugmaker: Report” as false in a fact check published on Tuesday.
Carney explains thusly:
The report cited by the HuffPost is from a New York Times story that said: “Trump himself has a small personal financial interest in Sanofi, the French drugmaker that makes Plaquenil, the brand-name version of hydroxychloroquine.”
Trump’s personal financial interest, however, does not include a stake in Sanofi–and the New York Times did not claim it did. Instead, Trump’s financial disclosures show that his three family trusts each had investments in a $10.3 billion Dodge & Cox mutual fund that owns shares in Sanofi, the world’s fifth-largest drugmaker by prescription sales. As of its latest disclosures, those holdings amount to just 3.3 percent of the fund’s holdings.
Trump’s most recent financial disclosure forms lists holdings in the Dodge & Cox International Fund valued between $1,001 and $15,000. That means Trump holds a maximum stake in the mutual funds of $45,000, giving him an indirect interest in Sanofi of $1,485 at the most.
His “financial interest” in Sanofi, which has a market capitalization of nearly $58 billion, could be as low as $99.10.
“According to Trump’s financial disclosure, he owns between $1,000 – $15,000 of Dodge & Cox fund. Dox & Cox’s fund has 2.9% of its money in Sanofi. Trump owns 2.9% of btw $1,000 – $15,000. Trump owns $29 to $435 of stock,” Cernovich said. “lol NYT didn’t think anyone would do the math.”