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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Jdaasoc who wrote (7433)11/8/2000 2:35:08 PM
From: Zeev Hed  Respond to of 30051
 
I was under the impression that the government already inflicted all the damage it could on the Tobacco (and smokers) companies. Is the king going to reverse the punitive taxes levied from smokers? Maybe he'll do the wise thing and tax heavily all people that engage in activities that endanger their health. Hey, we could have a tax on being overweight, $100/year for each pound above a given "healthy standard" (after all, obesity kills 10 times as many people in the US than tobacco misuse). Now, we probably have at least 50 MM people that are obese with an average of , lets be generous, only 30 lbs overweight, that comes to $150 Billions per year and over ten year, it can pay for the income tax reduction the King is planning. If we go so far, how about forcing the insurance companies to levy higher premiums for obesity as well as for nicotine addiction? You think that he has a special place in his heart for alcohol abuse, and thus will not touch this segment of "self inflicted health degrading" populace? (VBG). I would vote for suing McDonalds et all for obesity and the Cola people for osteoporosis (the phosphoric acid in the colas could be blamed for the excess osteoporosis we have in the US relative to the rest of the world).

Thus, short MCD and KO and buy MO (VVBG).

Zeev