Does Trump Benefit Financially by Promoting Hydroxychloroquine as COVID-19 Treatment?

Discussion in 'Coronavirus (COVID-19) News' started by Libby, Apr 8, 2020.

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  1. Jestsayin

    Jestsayin Well-Known Member Past Donor

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    Garbage again.
    This is a generic drug made by more than a dozen companies. The stocks in those companies are held by a very large number of different Mutual funds. I noted yesterday that I had Vanguard Funds that held at least three of those companies listed. Because of that, I may have had my net worth increase or decrease by less than a nickel depending on market fluctuations.
     
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  2. Le Chef

    Le Chef Banned at members request Donor

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    Keep hope alive, Trump haters. If this drug causes millions of cover-19 sufferers to die (does anyone honestly believe that?), the company will go bankrupt, and Trump's 2.1 billion portfolio or whatever it is will be $2500 smaller. And you can rejoice in his new poverty.

    Of course, if the drug is shown to be effective in a substantial number of cases and kill NO ONE, I am sure you will all come here and say "I am sorry, I was wrong."
     
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  3. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    Dang, this particular bit of fake 'Orange Man bad' news insanity came, crumbled, and went, before I even had a chance to poke it with a stick.

    Used to be the fake news stories would hang around for a while like bad farts before they blew away, but now they fall apart faster than a Chinese motorcycle.

    They don't make fake news like they used to.
     
    Last edited: Apr 9, 2020
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  4. RP12

    RP12 Well-Known Member

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    Trump supporters know what a Mutual Fund is and how it operates.
     
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  5. FatBack

    FatBack Well-Known Member

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  6. dagosa

    dagosa Well-Known Member

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    Let’s check that out by looking at Trump's tax returns....nope, can’t do that,
     
  7. dagosa

    dagosa Well-Known Member

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    Doubtful.
     
  8. RP12

    RP12 Well-Known Member

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    What part of his taxes would show his mutual funds.

    Only the Distributions would be shown....
     
    Last edited: Apr 9, 2020
  9. Le Chef

    Le Chef Banned at members request Donor

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    The fund loses and makes money every year as securities are sold throughout the year. Also, if the fund is holding any bonds, the bonds are generating interest income for the fund. Those gains and losses are reported to the taxpayer and I am pretty sure reported to the IRS in game you "forget" to disclose it.

    So his tax return on schedule D, I think, shows those gains and losses to the fund.
     
    Last edited: Apr 9, 2020
  10. RP12

    RP12 Well-Known Member

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    Yes the fund gains would be shown... It would not be broken down per stock/company invested in.
     
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  11. Le Chef

    Le Chef Banned at members request Donor

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    Agreed. I tried to edit to clarify that. But you're right.
     
  12. LogNDog

    LogNDog Well-Known Member

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    You keep claiming that and people keep providing information that you are wrong and yet you keep pushing a dishonest narrative. Why is that? Is it normal for you to continually push an erroneous narrative?

    Your post from another thread:
    My post to answer to your post:

    Libby's post to your post:

    So my question is, how many more times are you going to try to push this obviously dishonest narrative? Is this going to be something we have to call you on time after time?
     
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  13. mitchscove

    mitchscove Well-Known Member Donor

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    If you're worried about Trump, who donates his salary quarterly and foreign-earned profits from his businesses annually you should be really interested in the Pandemic Profiteer Pelosi who, after coming out of a meeting that planned to shut down retail in favor of online shopping, bought thousands of shares of Amazon stock and made a killing. As she failed to donate her profits from the VISA IPO that she was invited to participate in so she could hold up swipe fee legislation a decade ago, she has yet to offer to donate her take from Pandemic Profiteering
     

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