Posted on 09/01/2005 4:22:37 AM PDT by chronic_loser
That's called "rent seeking"; so-called capitalists beg the government to indulge in just-a-teensy-bitta fascism for their benefit. The long-term solution requires depriving government of the power to do these fascistic favors.
But do you really think the MSM is going to put the blame on the environuts?
Not any more than they will put the blame for millions of Third World deaths due to malaria on Rachel Carson and those who believed her.
The price of gas went from $2.69/gal to $8.99/gal (at one station) in 12 hours. BUT
SO WHAT?
Scarcity increases price. Increasing price decreases demand thus reducing scarcity. Increasing supply lowers price.
Your strawman that any dare by mortals to meddle in the affairs of Economius, no matter what the scope, will bring an end to the whole society, is so laughable it does not require further answer from me. It is self-disproving; there has NEVER been a society that has operated by your lights.
Uh.
Ok.
You REALLY have some issues.
You certainly do.
Except for those whom it has priced out altogether.
Part of this crunch is caused by people's own choices in where they want to live, what they want to drive, etc.
Those of us who need a vehicle which does not get the greatest mileage, or live/work in areas which have limited options for alternative transportation have been paying for the whims of the masses for a while, now, and will continue to.
I must say this, though. I am simply stunned at how many people who claim to be conservatives were/are screaming for the government to intervene the second gasoline prices started going up.
No one complained at paying $19.99 for a hollywood DVD (cost to produce? about $1.00)
I don't recall much griping when the 4WD was weenied out to the SUV and the price went up 4 fold.
I don't even remember hearing people carp about the price of bottled water at $7.00 per gallon (Evian, convenience store prices, by the liter). Amazing, simply amazing.
: ^ )
At least you didn't quip that if all the economists in the world were laid end to end they still wouldn't reach a conclusion, or that you can know where a quantum physicist is, or which way he's travelling, but not both.
The law of gravity and the law of supply and demand are both logical constructs which were developed to explain certain observable and reproducible phenomena.
Having said that, I find that the Austrian economists have created conceptual models which reflect reality far better than any of the other schools.
And my quip about dizziness was meant to comment upon what appears to be a common phenomenon:
the loss of critical thinking skills induced by the viewing of the numbers displayed upon a gasoline pump.
Not just that-
The belief that scarcity exists will also increase price.
Seriously.
You make bogus economic arguments based on emotion, jealousy, and anger, instead of repeatedly proven facts.
When called on them, you raise side issues as a distraction.
When called on them, you abandon the side issues.
Then you somehow find a way to cite God or the bible, as if He / It is endorsing your misguided views like a celebrity endorses pepsi or coke.
Then you just get snippy and start attacking, like the true "christian" you are.
well said!!! I like it.
Looting and price gouging= taking advantage of a bad situation.
Helping the supply chain can be part of that formula, but if governmental resources (read people's taxes) go into that, we jolly well have the right to expect a quid pro quo from the business being helped.
This I agree with.
$8.99 is a bit over the top, imho.
BTW, I am from North Dakota, If we want to see a hurricane here we either have to travel or watch TV.
Increasing price here will do little to decrease demand. There are no public transportation systems, and everything is pretty far apart. You still have to get to the places you have to get to.
Tell me what a "Christian" is, if you are such an expert.
Document any jealousy that I expressed.
I dont think the service stations are getting rich .I'm asking abou tthe oil companies themselves ..the big shots...I'm simply asking if part of the high prices are simply for profit above and beyond the expense of the supplies . It seems to me that some here are saying that the high prices are simply to cover expenses and that the big oil companies are simply covering expenses these days and not pocketing even more money because of the situation.
By the way I'm up north and I'm just imagining my heating bill for this coming winter.
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