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Goonghaeng

Goonghaeng
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  • The debate on the link between soda intake and obesity stays in the national conversation with new pieces out in medical journals that find corporate social responsibility campaigns from beverage giants Coca-Cola (KO +0.4%) and PepsiCo (PEP -0.4%) serve more to shift blame to consumers than provide a public service. Despite all the sound and fury over the last month after NYC Mayor Bloomberg kickstarted the discussion, sales figures from soda companies are reportedly as strong as ever. [View news story]
    I'm not disagreeing with your comment, but you've missed my point.
    Jul 2 01:42 PM | Likes Like |Link to Comment
  • The debate on the link between soda intake and obesity stays in the national conversation with new pieces out in medical journals that find corporate social responsibility campaigns from beverage giants Coca-Cola (KO +0.4%) and PepsiCo (PEP -0.4%) serve more to shift blame to consumers than provide a public service. Despite all the sound and fury over the last month after NYC Mayor Bloomberg kickstarted the discussion, sales figures from soda companies are reportedly as strong as ever. [View news story]
    The blame can be placed on both sides. Sure the consumers should take the responsibility on what they put in their months, but if the companies are going to claim "social responsible" then they need to make it's easier for consumers to be healthier. Right now, when you go to a fast-food restaurant, your meal choice comes automatically with soda. You can certainly ask for water, sure, but sometimes you just don't even think of it as an option. Many then end up drinking soda because it comes with the meal. I don't frequent fast-food restaurant, nor do I drink soda often, but I imagine it's hard to make people become health-conscious when you get bombarded with all the wrong choices. It's like a smoker trying to quit but is forced to be around other smokers. It's just harder. And soda is just unfortunately part of our culture, American or not.
    Jul 2 12:47 PM | Likes Like |Link to Comment
  • "Not buying health insurance is not an activity," says Richard Epstein on Scotus blog of the Supreme Court opinion on the individual mandate. "I am not aware of any tax imposed on individuals for not buying gasoline and not earning income, or not taking a bath or not working in a home office." To allow it to stand as a tax is absurd, Epstein thunders.  [View news story]
    well, i essentially get taxed for NOT having a child. and we used to get taxed for NOT owning a home.
    Jun 28 02:16 PM | 4 Likes Like |Link to Comment
  • China topped India as the world's top consumer of gold in Q1, solidifying expectations that China will be the largest source of demand for gold in 2012, according to the World Gold Council. On the whole, Q1 volume demand for gold was down 5% Y/Y while the average gold price of $1,690.57 was +22% Y/Y.  [View news story]
    i wonder, then, when will the chinese perfect the art of counterfeiting gold...
    May 17 08:26 AM | 1 Like Like |Link to Comment
  • New Labor Department figures show the gap between America's highest- and lowest-paid workers is widening. Between mid-2009 and Q1 2012, earnings of Americans at the top - those who earned more than 90% of all workers - rose 7%, while wages of those at the bottom - those earning less than 90% of all workers - rose 2.5%.  [View news story]
    I know that most people read SA hate Obama. But this problem is not about failure to "spread the wealth around" like a lot of bitter rich people who have made it in the society would claim. It's the problem with earnings and wages. Poor people can no longer afford to pull themselves up by their shoestrings in this day and age because all basic needs are being cut or eliminated all-together due to budget crises. The issues at hand here are deeper than what one administration can fix. From what I recall, No Child Left Behind is proven to be less successful than intended. Buffet Rule will not "equalize" wages and earning potential, because that's not what it has been designed to do. Women and other non-whites are still earning less, even if the rich are being taxed at a higher effective tax rate.
    Apr 18 09:52 AM | Likes Like |Link to Comment
  • Shares of American Airlines (AMR) trade 7.8% lower after the firm's Q3 report shows a $0.33/share loss after adjusting for certain charges - missing the consensus estimate of analysts. The company says higher fuel prices (+41% Y/Y) negatively impacted performance, only partially offset by hedging. For Q4, the carrier plans for an average system fuel price of $3.02/gallon on consolidated consumption of 667M gallons of jet fuel.  [View news story]
    ah, i see more fees in the future!
    Oct 19 10:54 AM | Likes Like |Link to Comment
  • Intangible Analysis on Urban Outfitters [View article]
    Couldn't agree more with you analysis.
    May 16 03:20 PM | Likes Like |Link to Comment
  • "Serious profit" could be in the offing for oil companies including Shell (RDS.A) and BP as they pump carbon dioxide from power plants into oil fields for enhanced recovery, consulting firm Petrenel says. The practice extends the lifespan of fields while permanently burying the greenhouse gas, a method for cutting emissions.  [View news story]
    sounds great in theory. try to pipe that carbon dioxide from power plants to oil fields. keeping the gas at the proper pressure would bankrupt the project alone. plus the material cost for the pipe. this all assumes that permits are approved.
    Sep 16 01:32 PM | Likes Like |Link to Comment
  • Real median household income was flat this year at $49,777, the Census Bureau's income and poverty release notes, but the poverty rate rose to 14.3% (highest since 1994), from 13.2% in 2008. People without health insurance rose to 50.7M (16.7%) from 46.3M (15.4%).  [View news story]
    wow - the wealth really trickles down, huh?
    Sep 16 11:05 AM | 1 Like Like |Link to Comment
  • Why AT&T Is Evil to Have Multiple Data Plans [View article]
    I don't own an iPhone, but I am now considering one with this new data plans ATT is offering. I'm not a heavy data user, so I certainly don't want to pay $30 a month for unlimited use. A saving of $15 a month means $180 of saving a year. It's not a huge saving, but it's extra money to be spend elsewhere if you choose to. It's all about your preference! While I do agree that the unlimited plan should remain for those who need it, I can understand the reason why ATT is veering away from it. I'm not sure what the right solution is, but I sure like the different plan levels more.
    Jun 4 09:27 AM | 2 Likes Like |Link to Comment
  • More doom and gloom from Nouriel Roubini, who warns we're seeing the start of a global asset bubble, says Greece is already bankrupt and thinks the eurozone is at risk of breaking up sometime down the line.  [View news story]
    the question is then what would happen if china fails. would it become "too big to fail"? who can bail china out? it is an interesting (and frightening) economic scenario.
    Jan 27 10:07 AM | 1 Like Like |Link to Comment
  • The wind is blowing in a different direction for T. Boone Pickens, who has given up on his push for wind energy to focus on natural gas.  [View news story]
    ha! i knew it that this was going to happen. building a hug wind farm in western texas with no transmission plan... bad idea. as long as gas stays around $5/mmbtu, pushing gas might not be a bad idea. but, hmmm, what will happen if gas shoots up!
    Jan 14 11:07 AM | 1 Like Like |Link to Comment
  • While Ford (F) bets on small cars, GM is staking its fortunes on full-size pickup trucks. A major update of its truck line could cost the company close to $1B.  [View news story]
    i've thought about that, too, but i don't know why GM thinks it can take market share away from Ford. thought GM has a truck line... even Ford recognizes that trucks are not the way for the future and is thinking about smaller line.
    Jan 13 01:25 PM | Likes Like |Link to Comment
  • UBS (UBS -2.1%) released an ethics guidebook (.pdf) for its employees yesterday, with gems like "we do not provide assistance... aimed at deceiving tax authorities" and committing to "preserve the integrity of the financial system." It'll take more than a 12-page ethics primer to pull UBS out of its slump.  [View news story]
    is phil gramm still on their board? wonder if he wrote it.
    Jan 13 11:00 AM | Likes Like |Link to Comment
  • While Ford (F) bets on small cars, GM is staking its fortunes on full-size pickup trucks. A major update of its truck line could cost the company close to $1B.  [View news story]
    it should have been liquidated the first time around... but you're probably right. i can't see why they're choosing to swim against the current... the current demand that is. like i said, they're going all in. $1B deep. if they can pull it off, good for them.
    Jan 13 10:28 AM | 1 Like Like |Link to Comment
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