That's right. San Francisco, just keep slappin' those new taxes on everything. Just keep banning this, that, and the other thing. You're just destroying your city one thing at a time, while the media cheers.

After reading these Vague, general, non specifics like below...from Gupta....

"lot of extra corn"  "we subsidize a lot of corn production" "subsidizing it for a long time" "what would be a normal price point" "we make too much corn"  

Does the Dude not understand the "Bushel" measurement, and can he actually do some research and give us some FIGURES ?  with all these Generalities you can't pin him down on any stats, because he doesn't give any....It's all Touchy Feely baloney, nothing of Substance was Said. 

Let's see if I got this right:

1. the price corn is at an 11 year high

2. it's the low price of corn that prompted the SF mayor to enact a sugary drink tax

3. the price of food increased due to the sweetener, fructose, made from corn has pushed up many grocery prices

4. groups around the world are warning about substituting ethanoal for gasoline may cause a food shortage.

5. more corn than ever has been planted by farmers, potentially displacing other crops (debatable).

6. the US government subsidizes (government gave money to producer) the production of ethanol.

Ok, can anyone else see what's wrong with this picture? 

Obviously the so called business correspondent with CNN can't. Tell us, do the job requirements for a business correspondent at CNN call for an actual degree in business, economics or at least some managerial experience running a business or department?  Or will a high school drop out do?  Ok, did this person at least read the WSJ?  I am mystified at what passes for professional journalism or at least the failure of CNN producers to do their JOB! 

Did any of the morons at CNN even bother to scrounge the internet to confirm any of their information or gather the facts???  Here's a novel idea, gather the facts and THEN form an opinion. 

Hanlon's Razor: Never attribute to malice that which can be adequately explained by stupidity. dscott's corollary: The line between malice and stupidity is called depraved indifference.

You would think this clown Gupta would be considered an embarrassment to the medical profession.  But I've often found that medical doctors are not nearly as intelligent as their impressive titles suggest they are.  It's as if they spend so much time qualifying to become doctors that they lose touch with the rest of the world.  They become so focused on their career pursuits that they never have to learn the important simple things...like filing or tying their shoes.  By discussing economic policy through the do-gooder prism of his narrow activist medical practice, Gupta shows how little he knows about governmental policies, taxes or economics.  Before he makes a fool of himself again about subjects beyond his comprehension, he should try tackling something simpler, yet equally beyond his capabilities...like learning how to fill out a prescription order legibly. 

I was just watching Studio B with Shep. He was absolutely LOSING HIS MIND while interviewing a proponent of the high fructose corn syrup tax. I hope someone captured it for YouTube. It was awesome. I thought old Shep was going to pop a vein!

I find it hard that Newsom proposed this tax because he cares one whit about commodity prices.  I'm sure his goal was to control behavior by discouraging consumption of soft drinks.  Gupta's tying himself in knots trying to justify a truly stupid proposal, probably because he too wants to cut soft drink consumption. 

When you put the clowns in charge, don't be surprised when a circus breaks out.