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kentuck

(111,079 posts)
Sun Apr 5, 2020, 11:10 PM Apr 2020

Would Trump try to make money off a drug stock during a pandemic?

That does appear to be the case.

It goes back to the time Novartis, the maker of the anti-malarial drug, paid Michael Cohen $1.2 million for access to the White House.

We don't know any further details about that deal.

But today, Donald Trump was promoting their drug, hydroxychloroquine, as the new cure-all for the coronavirus. Dr Fauci and other experts say any evidence of its impact on the virus is purely anecdotal. It was noteworthy that Trump did not want Dr Fauci at the briefing today as he was giving his sales pitch for the drug.

But today was not the first day that he has pitched the anti-malarial drug. He has been promoting it for the last 3-4 weeks continuously.

It is a low-life S.O.B. that would try to make money off a pandemic that is killing our people.

45 replies = new reply since forum marked as read
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Would Trump try to make money off a drug stock during a pandemic? (Original Post) kentuck Apr 2020 OP
YEP . . . Iliyah Apr 2020 #1
Of course he would. The Velveteen Ocelot Apr 2020 #2
Why you think he MFM008 Apr 2020 #3
Does a bear shit in the woods? 2naSalit Apr 2020 #4
First thought that crossed my mind AllyCat Apr 2020 #39
No doubt in my mind. nt sheshe2 Apr 2020 #5
Yes, of course he would. elleng Apr 2020 #6
I understand the suspicion, but if he wanted to profit, this is the wrong drug. Hoyt Apr 2020 #7
And all Trump has ever made is smart investments! dchill Apr 2020 #15
Yeah, that is what I was thinking. He is kind of dim AllyCat Apr 2020 #40
Absolutely! SheltieLover Apr 2020 #8
Trump took do children of parents seeking help he's a monster yes he would uponit7771 Apr 2020 #9
Oh, it is you. Jamastiene Apr 2020 #10
Does a bear shit in the woods? Eko Apr 2020 #11
THE ANSWER IS YES vapor2 Apr 2020 #12
I don't doubt the Trumplets are getting a piece of the action as well. lpbk2713 Apr 2020 #13
Would a bear shit in the woods? dchill Apr 2020 #14
Sorry... this still smacks of a conspiracy theory without foundation FBaggins Apr 2020 #16
It was reported that he bought millions of doses from Novartis for the stockpile? kentuck Apr 2020 #18
I don't think it was FBaggins Apr 2020 #22
Sometimes I read too quickly....saw this tweet earlier... kentuck Apr 2020 #27
I'd say it was Caston who read too quickly, not you FBaggins Apr 2020 #44
Trump literally had a policy if taking children from immigrating parents, why is stock manipulation uponit7771 Apr 2020 #43
Oh... I wouldn't put anything past him FBaggins Apr 2020 #45
Quid pro Trump. C_U_L8R Apr 2020 #17
He just wants a magic pill quick fix and return to the glory days of early January. Deep State Gnostic Apr 2020 #19
Is a pig's ass pork? He wouldn't hesitate. Arkansas Granny Apr 2020 #20
It will be interesting to see what Novartis stock does tomorrow. liberalmuse Apr 2020 #21
A subplot in the movie Contagion was a huckster pitching a drug that didn't work DesertRat Apr 2020 #23
Would he? Grammy23 Apr 2020 #24
That "Pope" guy... is he Catholic? n/t TygrBright Apr 2020 #25
Does a monkey fling poo? Hugin Apr 2020 #26
All dump cares about right now is how to get MORE money CountAllVotes Apr 2020 #28
His press conferences have devolved into hydroxychloroquine infomercials. Initech Apr 2020 #29
Does a bat shit in a wet market? meadowlander Apr 2020 #30
is water wet? jorgevlorgan Apr 2020 #31
Is that a trick question? captain queeg Apr 2020 #32
This sounds a little bit tinfoil hat to me customerserviceguy Apr 2020 #33
Oh hell yesssssssssss! kimbutgar Apr 2020 #34
Does the Pope wear a funny hat? nt Wounded Bear Apr 2020 #35
That drug is among several that are being tested right now to see if they have any effect on the napi21 Apr 2020 #36
yes. Trump is a crook rockfordfile Apr 2020 #37
He's in the mob, so nobody should be surprised. C Moon Apr 2020 #38
That's what I've been wondering. calimary Apr 2020 #41
When you're almost broke with debt up to your eyeballs, duforsure Apr 2020 #42

MFM008

(19,805 posts)
3. Why you think he
Sun Apr 5, 2020, 11:14 PM
Apr 2020

Mentions it every damn day????
I bet they have stock in coffins,
Burial urns, mortuaries and crematory ovens.
Sucking the blood of Americans like a big fat tapeworm. When dick head was selected I knew it was going to be bad but I didn't think it was going to be apocalyptic.

elleng

(130,865 posts)
6. Yes, of course he would.
Sun Apr 5, 2020, 11:17 PM
Apr 2020

Incidentally the drug may have some efficacy. Dr. Murtha mentioned it's use in some covid-19 cases, during V.Potus's Town Call 'meeting' today.

 

Hoyt

(54,770 posts)
7. I understand the suspicion, but if he wanted to profit, this is the wrong drug.
Sun Apr 5, 2020, 11:19 PM
Apr 2020

There are a bunch of companies producing this drug. And, they are all contributing over 150 million tablets around the world.

A month's treatment for Lupus, RA, etc., wholesales for less than $5 bucks. They don't need that much for CV19 therapy.

trump isn't going to profit financially from this. I do believe he's hawking a miracle because it's the only chance he has of coming out of this without a good portion of his ignorant white wing base abandoning him.

And, I'm afraid we are playing right into it.

AllyCat

(16,177 posts)
40. Yeah, that is what I was thinking. He is kind of dim
Mon Apr 6, 2020, 01:41 AM
Apr 2020

but he does seem to know how to smell advantage for him in any setting.

Jamastiene

(38,187 posts)
10. Oh, it is you.
Sun Apr 5, 2020, 11:26 PM
Apr 2020

I know you don't have to ask that, because you know the answer. I was about to say, Fuck, yes he would, because of COURSE, he would. I realize what you were posting now. I'm sorry. I've been "off" all day today.

I haven't watched much TV. Tonight, I watched The Walking Dead and Talking Dead. The commercials have been one right after the other, using coronavirus to advertise. We are protecting you, blah, blah, blah. Corporation after corporation pretending to give a shit to sell shit. They would do it too. They already are.

And of course, Trump would. He'd do it exclusively too, if he could get away with it. I wouldn't trust that man as far as I could throw him.

vapor2

(1,244 posts)
12. THE ANSWER IS YES
Sun Apr 5, 2020, 11:34 PM
Apr 2020

EVERYTHING he does or says is to his own benefit. HE really shoved this drug at today's (sun) briefing. i am patiently waiting for ANY republican to say/do something about this monster OR for his ass to resign. WATCH him also cipher that $500 billion (he just chose one of his lawyers to oversee this money. This man has blood on his hands.

lpbk2713

(42,753 posts)
13. I don't doubt the Trumplets are getting a piece of the action as well.
Sun Apr 5, 2020, 11:35 PM
Apr 2020


They are all worthless scumbags.

FBaggins

(26,727 posts)
16. Sorry... this still smacks of a conspiracy theory without foundation
Sun Apr 5, 2020, 11:40 PM
Apr 2020

First of all... it isn’t “their” drug. It’s a generic that multiple companies produce and any number of them could add (I think ten were just approved).

Second... it’s incredibly cheap. There just isn’t much money to be made selling the stuff.

Third - Novartis has already announced that they’ll donate up to 130 million doses (and at least one other manufacturer had announced millions of doses). Now theres no money to be made at all.

Sure... you’ll hardly ever go wrong assuming bad motivation from this guy... but the facts just don’t fit this theory.

kentuck

(111,079 posts)
18. It was reported that he bought millions of doses from Novartis for the stockpile?
Sun Apr 5, 2020, 11:43 PM
Apr 2020

So Novartis would have been paid - not the other companies that make it.

It's terrible to think such a thought.

kentuck

(111,079 posts)
27. Sometimes I read too quickly....saw this tweet earlier...
Mon Apr 6, 2020, 12:16 AM
Apr 2020

Rodney Caston
@RodneyCaston

Back on March 20th, Novartis announced it would donate 130 million doses of generic hydroxychloroquine.

Today Trump is saying the government will be purchasing the drug for the national stockpile.

Novartis is the same company Michael Cohen helped obtain access to Donald Trump.


Also: Apparently Rudy Giuliani bought loads of stock in Novartis in February and, like Trump, has been pushing the idea of using hydroxychloroquine even though it is largely untested for Covid.

uponit7771

(90,335 posts)
43. Trump literally had a policy if taking children from immigrating parents, why is stock manipulation
Mon Apr 6, 2020, 04:03 AM
Apr 2020

... far fetched

FBaggins

(26,727 posts)
45. Oh... I wouldn't put anything past him
Mon Apr 6, 2020, 06:29 AM
Apr 2020

It just doesn't make sense in this case. You can't move the stock price on a company with ~$50Billion in sales per year by encouraging people to take a product that they're giving away, don't have exclusive rights to sell, and doesn't cost much even when they do sell it.

 
19. He just wants a magic pill quick fix and return to the glory days of early January.
Sun Apr 5, 2020, 11:45 PM
Apr 2020

If any money is to be made, it will go in GasPutin's pockets.

liberalmuse

(18,672 posts)
21. It will be interesting to see what Novartis stock does tomorrow.
Sun Apr 5, 2020, 11:51 PM
Apr 2020

If there is even an iota of truth to all the suspicions I read on that twitter feed where this was rolled out, this might be the most heinous thing anyone on planet earth has ever done, and I'm serious. To not only hawk a drug that hasn't been properly tested and underperformed during flawed testing, and to then stockpile it for your citizens to make profit for yourself and god knows who else, then to give that drug to people where it could possibly kill them or cause them to not get treatment for Covid-19 is unspeakably evil. Not only that, people who need that drug can't get it right now and will suffer and possibly die. Some people on that thread said the can't get this next month because the pharmacist told them they were out. Is this even real? I hope this is a troll, because if this is real, then we are dealing with someone who is pure evil.

Grammy23

(5,810 posts)
24. Would he?
Sun Apr 5, 2020, 11:59 PM
Apr 2020

Is a pork chop greasy?

Does a goose go bare foot?

Is the Pope Catholic?

There are your answers. Yeppers. In a heartbeat he’d do that and worse. In broad daylight. Right in front of us. Yes, he would.

Hugin

(33,120 posts)
26. Does a monkey fling poo?
Mon Apr 6, 2020, 12:02 AM
Apr 2020

Last edited Mon Apr 6, 2020, 06:33 AM - Edit history (1)

The bigger question is would the Tangeranus and his flying monkey side kick S-I-L try to sell US Government Property at a gouging price and personally pocket the proceeds, while punishing districts which did not and will not supplicate themselves to His Hianus?

CountAllVotes

(20,868 posts)
28. All dump cares about right now is how to get MORE money
Mon Apr 6, 2020, 12:22 AM
Apr 2020

He's trying to get loans from Deutsche Bank (good luck!). Why is this necessary?

Why does the con need a loan all of a sudden?

Why: He's gone broke with his stock market hoax. There are no more profits to me made.

He then remembers the deal with Cohen and Novartis and that old malaria drug ...

And the drug the deal was made with this is this age-old old malaria drug as THE CURE for COVI-19 when there is absolutely no evidence to support this claim. Some have sickened and died by taking it when they heard it to be a "cure".

He claims to have secured hundreds of thousands of doses of it already in fact.

Must be a great drug he hopes all will think and the kickbacks keep coming but better than before!!

He's up the creek and broke trying everything he can to get some money. This is best described as the act of a desperate and very evil man.

He really DOES NOT CARE ABOUT U!



Initech

(100,063 posts)
29. His press conferences have devolved into hydroxychloroquine infomercials.
Mon Apr 6, 2020, 12:25 AM
Apr 2020

I keep waiting for him to say "BUT WAIT!!! THERE'S MORE!!!".

customerserviceguy

(25,183 posts)
33. This sounds a little bit tinfoil hat to me
Mon Apr 6, 2020, 12:28 AM
Apr 2020

I'm sure the access Novartis paid for was for drugs that sell for hundreds of dollars a pill, not for something that the patent expired on before most of us were born.

Trump was willing to grasp at any straw that would help him sell the idea that the economy was going to come roaring back to life before the election, and somebody handed this one for him to clutch onto. Of course, he can never, ever admit that he might have been even in the slightest mistaken, so he's beating the dead horse as long as he can.

The simplest explanation is probably the correct one.

napi21

(45,806 posts)
36. That drug is among several that are being tested right now to see if they have any effect on the
Mon Apr 6, 2020, 01:06 AM
Apr 2020

virus & testing takes a while to make sure it's effective and doesn't do any harm. Of course why would I ever expect "DT to include THAT in his drug pushing? HAH!

duforsure

(11,885 posts)
42. When you're almost broke with debt up to your eyeballs,
Mon Apr 6, 2020, 03:54 AM
Apr 2020

Corrupt , and desperate, yes I would almost bet there's money in it for him or he wouldn't be promoting its use daily. He does that with lies he wants people to believe to, repeating them over and over again, no collusion.

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