1,333 karma · joined March 21, 2008
Also, increasing your muscle is going to increase your resting metabolic rate. So, as you exercise and get stronger, you'll burn more calories while resting. (this probably only holds for men who build muscle when they work out. if you're a marathon runner who's rail thin, I don't think you'll burn much fat at all while resting.)
BTW, why didn't you check references?
I was not ignoring your argument but rather pointing out that there is data showing a correlation between doctors advocating low fat/high carb and obesity in America.
Now, what is a straw-man is to put forth a theoretical/never seen in reality diet and claim that no one has ever gotten fat eating it. Sorry, but an extrapolation from a population of zero to 350 million is a bit much for me.
I think the one point we do agree on is that this is a complex issue. So, you can blame fat people for not listening to their doctors, doctors for not checking the research or food companies for bastardizing what doctors actually recommended to sell low fat/high sugar food and label it "healthy." But it's quite obvious that the advice doctors have been giving for the past few decades has not had the intended effect.
I've read some advice about not drinking water with meals for this reason. The idea is that it will dilute your stomach acid making it more basic and less effective.
My point is tjs Goldman is the house and made money from the deal not the outcome.
However, I really don't understand how Goldman would have profited from aiding Paulson & co. Goldman set up a security that let people bet for or against the housing market. It's similar to Vegas letting people bet on a sports match. Why would Vegas fix the game that other people were betting on? It's not like Goldman made more money because Abacus paid out to Paulson vs. the Germans.
Our use case is talking to an API, doing a little bit of processing then writing to a database. It's all IO with barely any processing (just a few string substitutions to "normalize" the API responses).
Goldman is not a good citizen. It is a market maker. It provides the function of creating financial products that people want to buy. Goldman also wrote the first swaps against the mortgages in these securities. Guess what, they didn't do it out of the goodness of their hearts. They did it for the fees.
Goldman is one of the few actors in this mess that performed their jobs well. Rating securities was not their job. Determining if mortgages were sound was not their job. Their job was to package loans that were underwritten by other banks and sell them to _qualified investors_ who wanted to buy them. Goldman did it's job very well.
Ratings agencies had the job of determining the quality of these securities. They did their job poorly.
Investment managers had the _incredibly high paying_ job of selecting sound investments. They did their job poorly.
Goldman is the only one who even comes close to being competent in this entire mess.
I'm pointing out that the managers who were entrusted to invest the assets of those funds deserve a huge helping of blame. These managers were supposed to be experts and were literally paid millions of dollars a year to manage the assets. They failed even the most basic test of competency and they should be held accountable for it. Why aren't we talking about clawing back their fees?