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Another day has passed and that means a fresh Ron DeSantis conspiracy theory must be birthed. The latest one (and the most serious charge in a while) comes from the Associated Press, which trumpeted that ‘DeSantis top donor invests in COVID drug governor promotes‘ in the headline.
Sounds awful, right? Clearly, the bad Florida man is promoting a COVID treatment so his top donor can make money off it and then redistribute funds back via political donations. And, to be sure, that’s the takeaway most took as the internet exploded with another cycle of accusing DeSantis of being everything from anti-vax to wanting people to die.
So what’s the real story? Well, it does involve a DeSantis donor, but not at all in the way it was being framed. Rather, the donor is a hedge fund manager that manages almost $40 billion in assets. The company in question makes up a tiny fraction of the total investments to the point where it’s irrelevant. In fact, they aren’t even really investments. Rather they are call options.
Further, the treatment in question…works. In fact, the article admits that, though, their headline was meant to give a different impression. ///
A Political Action Committee (PAC) can only donate $5000 directly to a candidate per election. If DeSantis was trying to do a "Pay for Play" he is doing it wrong. There are some very good examples on the other side of the aisle on how to do it a lot better!
