To: EBH
An article in Seattle Times today quoted the Costco CEO....people are buying rice, and then selling it on EBAY for 3 times the money.....we don't have a shortage....we just have to re-supply on a daily basis....(Words to that effect.)
7 posted on
04/27/2008 3:07:55 PM PDT by
goodnesswins
(20 is the new 10)
To: goodnesswins
I’ve heard stories of people buying rice here and shipping it back to their folks overseas.
I find this really difficult to credit, as I suspect the cost of shipping a 50 pound bag of rice would greatly exceed the difference in cost in the Phillipines or wherever.
10 posted on
04/27/2008 3:10:14 PM PDT by
Sherman Logan
(Those who deny freedom to others deserve it not for themselves. - A. Lincoln)
To: goodnesswins
Rice can still be had in any quantity at Asian food stores across the country. Sounds like COSTCO and Sam’s Club are playing a game.
12 posted on
04/27/2008 3:13:08 PM PDT by
2ndDivisionVet
(McCain could never convince me to vote for him. Only Hillary or Obama can!)
To: goodnesswins
people are buying rice, and then selling it on EBAY for 3 times the moneyWhy don't the buyers go down to Costco themselves?
I don't get this. Last time I looked rice was about $25 for 50 pounds at Costco.
What's the cost of shipping 50 pounds to the buyer?
14 posted on
04/27/2008 3:19:13 PM PDT by
Sherman Logan
(Those who deny freedom to others deserve it not for themselves. - A. Lincoln)
To: goodnesswins
"An article in Seattle Times today quoted the Costco CEO....people are buying rice, and then selling it on EBAY for 3 times the money.....we don't have a shortage....we just have to re-supply on a daily basis....(Words to that effect.)"
The Costco CEO speaks a steaming pantload.
Ebay rice listings
With the exception of this idiot in Illinois trying to sell an open 20lb. bag of rice for $100 there's nothing going on.
29 posted on
04/27/2008 5:30:33 PM PDT by
Rebelbase
(Carbon is the fifth most abundant element on the planet.)
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