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Message
re: Price gouging laws train people to depend on government during a crisis
Posted on 9/13/18 at 4:50 pm to 9th life
Posted on 9/13/18 at 4:50 pm to 9th life
quote:
So yeah, some dickhead driving in from wherever and selling white bread sandwhiches to desperate people for 20 bucks a pop still sticks with me.
Any dickhead who does that eventually will get the shite beat out of them and all of their sandwiches confiscated to be given away to hungry members of the community.
1
Posted on 9/13/18 at 4:56 pm to Bard
The Cajun Navy arose because it was they and their neighbors who were getting flooded out and they were not going to wait for the state or the Federal Govt to marshall up. They took matters into their own hands
I can also assure you of this because I was there in BR on the ground, if someone was taking advantage of any of these people on the money end, they were "dealt" with
I can also assure you of this because I was there in BR on the ground, if someone was taking advantage of any of these people on the money end, they were "dealt" with
Posted on 9/13/18 at 6:40 pm to KiwiHead
quote:
Knowing the denizens of Da Parish, like I do (HC grad), I can assure you that that person who was rooking those people at 20.00 a pop did not get to enjoy his exercise of exploitation long there . Those folks have a looooooooong memory and I can assure you he probably left when one of the sherriff's boys showed up and assured him of the possibility of a much shorter expectation of an ambulatory life if he stuck around any longer
Should the bad arse deputies have run out of town the workers that showed up in the affected areas to make serious money repairing houses? If you think providing labor or products priced for the market is exploitation then don't forget to get a Bernie Sanders sticker for your car in the next election.
Posted on 9/13/18 at 6:44 pm to HeyHeyHogsAllTheWay
quote:
Has nothing to do with "capitalism" that is simply taking advantage of people at that point.
Youre economically illiterate
Posted on 9/13/18 at 6:46 pm to 9th life
So you would have preferred to have no sandwiches to buy?
Posted on 9/13/18 at 6:46 pm to 9th life
quote:
So yeah, some dickhead driving in from wherever and selling white bread sandwhiches to desperate people for 20 bucks a pop still sticks with me.
You should have made a bunch and sold them for Eighteen
Posted on 9/13/18 at 6:57 pm to RogerTheShrubber
quote:
You should have made a bunch and sold them for Eighteen
According to many of the posters here, market forces no longer work in a post disaster setting, either he will be eating a lot of sandwiches, or law enforcement will seize the sandwiches, and local residents will burn his car.
Posted on 9/13/18 at 6:58 pm to DawgfaninCa
quote:
If you have a business and price gouge the people in the community that you serve during a natural disaster just to take advantage of the situation then after the natural disaster is over, you may find your business boycotted by the community or even worse. You might find your business burnt down to the ground.
That is certainly the business owners risk.
What would happen to the people that simply did not try to reopen?
Posted on 9/13/18 at 7:00 pm to DawgfaninCa
You are so wrong.
What should you charge for a turkey sandwich after a hurricane when there is no electricity, no law enforcement and no help you can get to work in your business?
What should you charge for a turkey sandwich after a hurricane when there is no electricity, no law enforcement and no help you can get to work in your business?
Posted on 9/13/18 at 7:02 pm to Tiguar
They will not answer that question.
They think goods and services just show up and it cost nothing to run a business and even less after a storm. They hate business owners.
They think goods and services just show up and it cost nothing to run a business and even less after a storm. They hate business owners.
Posted on 9/14/18 at 10:16 am to EA6B
quote:
Should the bad arse deputies have run out of town the workers that showed up in the affected areas to make serious money repairing houses? If you think providing labor or products priced for the market is exploitation
Different story and you know that . Exploiting hungry people for food with 20.00 turkey sandwiches and such is chicken shite.....it's not a reasonable mark up it is profiteering. I would have given that dude 2 choices ion he can leave his sandwiches , given the situation. He can leave his sandwiches and go and not come back or if he refuses that option he can leave his sandwiches and any extra supplies along with his money that he made and he can be "escorted" out of the Parish.
This was not an exercise of allocating scarce resources priced accordingly. This was a dick trying to be a dick...or a Texan being a Texan.....same difference.
Posted on 9/14/18 at 10:45 am to I B Freeman
quote:
You are so wrong.
What should you charge for a turkey sandwich after a hurricane when there is no electricity, no law enforcement and no help you can get to work in your business?
Since there is no electricity and all the turkey sandwiches are going to go bad anyway, I would sell the sandwiches at cost so that I don't lose my financial investment in them or give them away for free to help my community.
But, hey, I'm an Eagle Scout so I want to help my community during and after a disaster not take advantage of a disaster just so I can personally profit from it.
Posted on 9/14/18 at 10:45 am to GoCrazyAuburn
quote:
Sounds like demand just skyrocketed without an adequate way to adjust supply in a timely manner to properly be able to meet that demand to m
This is the answer to the stupid question.
Disasters happen - In the event of a hurricane, all resupply is cut off for an unknown length of time.
Without 'price gouging' some other guy steps in a buys up all the water at a dollar a pop, then starts selling them out of his truck at 2 dollars a pop = then some other guy steps in and buys them all, only to start selling at 3 buck a pop.
This would continue until some sort of supply/demand equality is reached. Meanwhile, the original grocer who makes make 2 cents a bottle sits by and sees everyone else making $$$$ with his original investment.
If anyone is going to profit, it should be the original grocer who has the most outlay of expense. If he gouges too harshly, he will lost favor with his normal customer base, but that is his decision.
If someone is 'gouging' water at 15$ a bottle, someone else is going to truck in a pickup bed full of it and make bank selling it at 10 a bottle, while someone else notices that and does the same at 7$ a bottle, and so on until the risk/profit reaches an equilibrium = and everyone is happy.
I note that nobody makes a sound about the windfall profits that stock traders make when a disaster wipes out some commodity and their futures stocks soar in value. They just light up a big cigar and everyone talks about how smart they are.
Posted on 9/14/18 at 10:50 am to I B Freeman
quote:
If you have a business and price gouge the people in the community that you serve during a natural disaster just to take advantage of the situation then after the natural disaster is over, you may find your business boycotted by the community or even worse. You might find your business burnt down to the ground.
quote:
That is certainly the business owners risk.
What would happen to the people that simply did not try to reopen?
They would lose more money in the long run then they would make in the short run because they price gorged.
Posted on 9/14/18 at 10:50 am to DawgfaninCa
quote:
Since there is no electricity and all the turkey sandwiches are going to go bad anyway, I would sell the sandwiches at cost so that I don't lose my financial investment in them or give them away for free to help my community.
But, hey, I'm an Eagle Scout so I want to help my community during and after a disaster not take advantage of a disaster just so I can personally profit from it.
That was a bad example. edit - I just read the thread and you were responding to some actual occurrence of someone coming in from outside. - that is a different story. Those sandwiches were not there before, and each individual can make their own choice of what it is 'worth.' Certainly perishable goods are not being 'price gouged' because they cannot be stored safely.
But cans of potted meat would be a better example. They normally sell for what = .67 a can??
Would you sell out your entire stock of potted meat to the first guy who came in an offer to buy them out at that price?? In a genuine catastrophe situation.
I would hope that as a 'good scout,' if you are not going to raise prices to discourage hoarding, you'd at least limit the number of cans you'd sell to one person.
This post was edited on 9/14/18 at 10:56 am
Posted on 9/14/18 at 10:53 am to DawgfaninCa
You are a naive, obtuse, twisted thinking individual.
What would you do after a storm? Would you open any business you had or would you wait till you could open up with electricity and your employees?
Ounce you had given away all your turkey sandwiches how much would you spend to get more turkey and bread and keep it form spoiling so you could give away more?
What would you do after a storm? Would you open any business you had or would you wait till you could open up with electricity and your employees?
Ounce you had given away all your turkey sandwiches how much would you spend to get more turkey and bread and keep it form spoiling so you could give away more?
Posted on 9/14/18 at 11:31 am to KiwiHead
quote:
Different story and you know that . Exploiting hungry people for food with 20.00 turkey sandwiches and such is chicken shite.....it's not a reasonable mark up it is profiteering. I would have given that dude 2 choices ion he can leave his sandwiches , given the situation. He can leave his sandwiches and go and not come back or if he refuses that option he can leave his sandwiches and any extra supplies along with his money that he made and he can be "escorted" out of the Parish.
quote:
This was not an exercise of allocating scarce resources priced accordingly. This was a dick trying to be a dick...or a Texan being a Texan.....same difference.
Why didn't the people that needed food just go buy a sandwich from someone selling them for $5.00?
Posted on 9/14/18 at 11:36 am to EA6B
So you advocate taking advantage of desperate people who have lost just about everything in a calamity......Even Basquiat and Adam Smith would call you a penis.
Posted on 9/14/18 at 11:46 am to KiwiHead
quote:
So you advocate taking advantage of desperate people who have lost just about everything in a calamity......Even Basquiat and Adam Smith would call you a penis.
You didn't answer the question of why the people that were hungry didn't just buy sandwiches from someone selling them for $5.00, I will answer it for you, there were none. The ability to sell a sandwich for $20.00 made food available that other wise would not exist, scarce resources were made available due to the increase in price.
Posted on 9/14/18 at 3:46 pm to ChineseBandit58
quote:
Since there is no electricity and all the turkey sandwiches are going to go bad anyway, I would sell the sandwiches at cost so that I don't lose my financial investment in them or give them away for free to help my community.
But, hey, I'm an Eagle Scout so I want to help my community during and after a disaster not take advantage of a disaster just so I can personally profit from it.
quote:
That was a bad example. edit - I just read the thread and you were responding to some actual occurrence of someone coming in from outside. - that is a different story. Those sandwiches were not there before, and each individual can make their own choice of what it is 'worth.' Certainly perishable goods are not being 'price gouged' because they cannot be stored safely.
But cans of potted meat would be a better example. They normally sell for what = .67 a can??
Would you sell out your entire stock of potted meat to the first guy who came in an offer to buy them out at that price?? In a genuine catastrophe situation.
I would hope that as a 'good scout,' if you are not going to raise prices to discourage hoarding, you'd at least limit the number of cans you'd sell to one person.
If I planned on remaining in business then I probably would give the cans of potted meat away for free to a local food bank or charity to help the members of my community survive the disaster.
I am a capitalist but I am not a capitalist pig.
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