Facebook’s Fact-Checkers Have Failed To Fact-Check HuffPo’s Anti-Trump Coronavirus Disinformation
It will come as no surprise to Breitbart News readers that Facebook’s vaunted fact-checking system does not stop, or even appropriately label, fake, misleading claims from the left-wing media about President Donald Trump.
A story from Verizon-owned Huffington Post claims that the President has a stake in a drug company that produces hydroxycholoroquine, the drug being promoted by himself and many in the administration as a potential treatment for the Chinese virus. The article is currently on Facebook without any labels alerting users that the information is false or even just misleading.
This is despite the fact that Snopes, a left-leaning fact-checker that until February 2019 was one of Facebook’s fact-checking partners, has rated the claim that Trump benefits financially from promoting hydroxychloroquine as “mostly false.”
Although Snopes eventually caught up, its fact-check trailed Breitbart’s. As economics editor John Carney explained several hours before Snopes:
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.
None of the other “third-party fact-checkers” relied on by Facebook to decide on behalf of the platform’s billions of users what’s true and what’s false, have displayed any interest in the fact that left-wing media is spreading provably misinformation about Trump allegedly profiting from hydroxychloroquine. As of writing, the misleading Huffington Post story has gained over 24,000 shares on Facebook.
It’s not the first time the mainstream media has been allowed to get away with spreading falsehoods about the Chinese virus. Yesterday, the Pentagon debunked an ABC news story alleging that military intelligence warned the Trump administration about a “cataclysmic disease” as early as November.
As Breitbart’s Kristina Wong reported, Col. (Dr.) R. Shane Day, director of the National Center for Medical Intelligence said that no such assessment took place in November — a rare departure from the NCMI’s policy of not commenting on specific intelligence matters.
And yet the original ABC report, now debunked, remains in circulation on Facebook — without any “misinformation” or “fact check” warnings.
Another false ABC story, repeating false claims from an Instagram influencer who claimed to be a nurse at Northwestern Medical (she later admitted that she does not work there for over a year) was also allowed to circulate on Facebook without any fact-checks. ABC put up comments clarifying the story four days after it was originally posted.
Given that Facebook is paying its third-party fact-checkers for their services, it seems like they’re not getting value for money. Or perhaps they’re getting exactly what they paid for — biased, liberal-leaning, mainstream media backed fact-checkers that appease Democrats and the establishment.
https://www.breitbart.com/tech/2020/04/11/bokhari-why-facebooks-fact-checking-only-applies-to-conservatives/