Word: junkings
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Lots of trouble has been hitting lately, with private-equity loans turning sour, AAA-rated subprime mortgage securities turning into junk, and all manner of other bets going bad. This ought to make it easier to figure out just who in the money business knows what he's doing. Which explains why the just-completed earnings-reporting season for banks and other financial firms was the most informative in years. Not to mention entertaining, especially during the usually soporific conference calls with analysts in which executives discuss their results...
...investigators must assemble large samples of families and look for patterns among them. But families are very different things-distinguished by size, income, hometown, education, religion, ethnicity and more. Throw enough random factors like those into the mix, and the results you get may be nothing more than interesting junk...
...after all his studies, Wansink has determined that there's no point in trying to keep all the applesauce off the big plate. In his book, he advocates acknowledging how powerless we are and then taking steps to create a healthier eating environment: use small plates, keep junk food in inconvenient places, avoid eating directly from a package, be the last one at your table to start eating, and--if his own life is any guide--gross yourself out with piles of refuse in your backseat...
...other purchases. "We thought if you have the cash left over, you can spend it on crystal meth or condoms or whatever high school kids buy," he says. Instead, when they had cash, the kids spent the same amount of money on food, but they spent more on junk food...
...gnaw on soy bars all day. But Wansink doesn't see it that way. He figures there are plenty of meals where he's really focusing and enjoying the food, and that's when he calorie-splurges. The rest of the time, he just tries to keep the junk away. Which, in all of life, not just food, isn't that bad of a plan...