The opening context is a little long in the tooth given the piece was written in 2012 and is framed in light of the 2012 Presidential election, but the historical overview of scam quack medicine miracle cures/investments underlying right wing media for decades is still solid.
https://thebaffler.com/salvos/the-long-con
an excerpt:
Soon after reading that, I learned of the “23-Cent Heart Miracle,” the one “Washington, the medical industry, and drug companies REFUSE to tell you about.” (Why would they? They’d just be leaving money on the table: “I was scheduled for open heart surgery when I read about your product,” read one of the testimonials. “I started taking it and now six months have passed and I haven’t had open-heart surgery.”) Then came news of the oilfield in the placenta.
“Dear NewsMax Reader,” this appeal began, leaving no doubt that whatever trust that publication had built with its followers was being rented out wholesale. “Please find below a special message from our sponsor, James Davidson, Editor of Outside the Box. He has some important information to share with you.”
Here’s the information in question: “If you have shied away from profiting from the immense promise of stem cells to treat disease because of moral concern over extracting stem cells from fetal tissue, pay close attention. You can now invest with a clear conscience. An Israeli entrepreneur, Zami Aberman, has discovered ‘an oilfield in the placenta.’ His little company, Pluristem Life Systems (OTCBB: PLRS) has made a discovery which is potentially more valuable than Prudhoe Bay.”
Davidson concluded by proposing the lucky investor purchase a position of 83,000 shares of PLRS for the low, low price of twelve cents each. If you act now, Davidson explained, your $10,000 outlay “could bring you a profit of more than a quarter of a million dollars.”
Not long after I let the magic of the placenta-based oilfield sink in, I got another pitch, this one courtesy of the webmasters handling the Human Events mailing list and headed “The Trouble with Get-Rich-Quick Schemes.” Perhaps I’m a little gullible myself; for a couple of seconds, I believed the esteemed Reagan-era policy handbook might be sending out a useful consumer advisory to its readers, an investigative guide to the phony get-rich-quick schemes caroming around the right-leaning opinion-sphere. But that hasty assumption proved sadly mistaken, presuming as it did that the proprietors of outfits like Human Events respect their readers. Instead, this was a come-on for something called “INSTANT INTERNET INCOME”—the chance at last to “put an end to your financial worries . . . permanently erase your debts . . . pay cash for the things you want . . . create a secure, enjoyable retirement for yourself . . . give your family the abundant lifestyle they so richly deserve.”