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Roth: Sugary Drink Ban a Dangerous Precedent

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    Carol Roth, former investment banker, weighs in on New York City’s scheduled vote today on Mayor Bloomberg’s sugary drink ban proposal.

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-- -- The New York City board of health will vote today on whether to ban sugary drinks over sixteen ounces that blume books as -- -- would help -- obesity.

There's an editorial in the daily news by the commissioner of the city's Health Department today it reads.

This obesity epidemic is not a communicable disease like influenza but it is more dangerous and more deadly.

Former investment banker Harold Roth is in Chicago.

And Carol I believe you have some strong feelings about a ban on logic sugary drinks your opinion please.

Well the first thing you saw the double gulp that I had with me this morning Stuart and I actually think that this is misguided because I was lifting weights every him.

I pulled that out of my mouth it was so heavy.

Look I don't think that the government here should be not only babysitting.

But I don't think they should have the power to pick winners and losers and I think that this is just the first step in something that's very dangerous.

And you just wait until universal health care.

Start to come into play they're gonna be -- -- for eating cheeseburgers on the street.

John -- you cannot link Solyndra.

Picking winners and loses socialize medicine Obama cash and the big gulp.

I mean it may be the principle is the save -- three instances but that's a stretch Carol wrong I.

I -- I am tying it altogether here's Stuart because it starts with that with the big gulp.

And then it goes to you can only have a certain amount of slices of pizza for every family member you can't -- it's been a -- -- you can't have a cupcake.

I mean that the biggest problem is is that it completely arbitrary why -- they deciding that still does the culprit and not everything else that you can eat and where does it stop the where do you draw the line so I think it's that the very dangerous precedent I do not like it one bit but not -- I'm with the UI -- Big Brother really isn't it that's what it's all about I just -- pause for 12 because Tracy Byrnes has rejoined the company at this Thursday morning she's been absent for a couple months.

But she has children I -- -- Would you buy them a sixteen -- -- ability to -- soda for a movie would you.

Not for them for me begin with you get back here until a government when I'm mark can you actually can -- not -- grad school these 7-Eleven big gulp.

I admit I would've been awake otherwise you cannot consume so much soda liquid in the Netherlands this -- up bill.

What it's my my -- I like that I felt like diet soda it's my advice.

Much bottom line is Tracy is making that this is -- -- its -- in that City Hall not the government and I -- this is a very slippery slope and by the way today McDonald's announcing they're gonna go you know the news as McDonald's is gonna -- their calories right everything -- and the board everything we don't know.

You have -- judge Carol Roth you have objections have met mcdonalds being told.

I think it would hold to print that calorie content.

I think information is powers I have no problem in educating the public in allowing them to make informed decision.

What I don't like is -- that that that turns into what you can and cannot choose for yourself if it only hurts yourself I think it's very different than something like smoking.

Where it has secondhand smoke that can actually hurt other people but if you're consuming the big -- or anything else.

That's on yeah.

What about allowing smoking in a restaurant which I'll I -- My capital my business my risk and everybody and does that smoking restaurant all of us -- some of the smoking area.

Their own risk with full knowledge of -- -- what's wrong with that.

Again I think that the the effects of -- because it gets into the atmosphere it's very.

Very difficult to contain that would in the confines of just one restaurant I think that that seeps out an end up hurting other people's -- that a little bit differently.

But I think in this particular case with the beverages than anything else that they're gonna come at app adds.

After this I think that that's very dangerous and I think at this one goes through it just going to be the first domino default.

Enemy -- by the way guys this is not going to change behavior it won't change the obesity rates they know this is just that.

I don't know why you know ultimately we'll probably end up either it's banning at the -- point or taxing it to two to achieve their so called -- which they do with cigarettes.

And that it it kills four people coming to us.

Crosses get more people to death.

And I don't.

And Natalie that's Charles.

If you really want to have that much soda what's gonna happen you're just gonna buy two of that -- than it cost you more money and it's very convenient to hold two sodas instead of one big -- you're on the verge of becoming a libertarian I do believe.

Nobody haven't -- just record I don't.

Carol always a pleasure thanks for joining us now get to that big -- look at you know and three.