Free Republic

Wyoming and 10 other states’ claims that giant investment companies conspired to drive coal production down and drive prices up — increasing people’s energy costs — are at least plausible enough to keep a lawsuit alive, a judge has ruled. Wyoming filed suit in the U.S. District Court of Eastern Texas in late November against Blackrock Inc., State Street Corp. and Vanguard Group Inc. Texas Attorney General Ken Paxton led the litigation. Alabama, Arkansas, Indiana, Iowa, Kansas, Missouri, Montana, Nebraska, West Virginia and Wyoming also signed the complaint. The states allege the three massive investment companies acquired substantial stockholdings in...

Did progressive women ever have brains to begin with? Or, were they… always this way? Here’s the story, from a report at Breitbart News:Harris Campaign: ‘Tough to Define’ ‘Price Gouging’ She Wants to BanOn Wednesday’s broadcast of ‘NewsNation Now,’ Harris-Walz surrogate and National Finance Committee member Lindy Li acknowledged that the ‘price gouging’ that 2024 Democratic presidential candidate Vice President Kamala Harris wants to ban is difficult to actually define.Per the article, host Connell McShane first broached the topic by asking Li if she agreed that it was a term “tough to define” — this is how she responded:Li answered,...

Guess who finally updated her campaign website? And with just a day before her first presidential debate ... and only second media appearance since her anointment as nominee?Having seen her momentum deflate like a Patriots football, Kamala Harris finally went public with her agenda, at least in general strokes. Team Kamala finally added an Issues page to her official campaign website, and it's filled mainly by the rehashed Bidenomics that Harris attempted to pass off last month. It even includes the absurd reference to price-gouging that economists across the spectrum laughed off when Harris first floated the argument, another leftover...

The progressive left relies on the narrative that economics is a sophisticated discipline, full of complex theories, only grasped by “experts” and politicians, because that’s how they pass off their flagrant lies and ignorance. Of course, there’s nothing really that complicated about supply and demand, freedom of choice instead of forced commerce, gross versus net, attacking the affordable energy resource making the global economy move, cronyism, subsidies, debt, printing money out of thin air, and cold hard data. Thankfully, we conservatives have Andrew Puzder (I routinely lament over the fact that he was never our Secretary of Labor), who along...

An interview between Sen. Elizabeth Warren (D-Mass.) and CNBC host Joe Kernen boiled over Friday morning, when the two sparred over Vice President Harris’s recent pledge to ban price gouging if elected in November. Harris unveiled her economic plans last week, including the proposed ban, which would give the Federal Trade Commission the ability to investigate companies that increase their prices during periods of higher inflation. “This could be another tool in toolbox,” Warren said of the proposal, before Kernen interrupted. “Senator how would this policy do that,” he asked. Warren replied, “I let you finish your argument, did you...

The station is the only one around for miles in the Mojave desert.This summer, gas prices are lower than they have been in the past. In some places though, some gas stations have a “I know what I have” attitude, resulting in some seriously high prices. One desert gas station is like this, and it doubles down on the pricing with a disclaimer for customers. Najah’s Desert Goods sits in the middle of absolutely nowhere in the Mojave Desert right at the intersection of Route 66 and Interstate 40. Well it’s not technically nowhere; it’s in a place called Fenner,...

Governor Gretchen Whitmer (D-MI) said Sunday on NBC’s “Meet the Press” that people were “reading too much” into the specifics of the price-gouging plan from Vice President Harris. Whitmer said, “Well, I think people are reading too much into what has been put out there. We know that Kamala Harris is going to be focused on building up more affordable housing. We know that Kamala Harris has already delivered on making sure that healthcare is more accessible and affordable for Americans and will protect Obamacare.”

Even the Washington Post isn’t buying Vice President Kamala Harris’ plan to slap socialist price controls on groceries. The longtime, left-leaning broadsheet — owned by billionaire Jeff Bezos — published a scathing editorial ripping the Democratic presidential nominee for claiming price gouging is causing inflation and, rather than offer a legit plan to fix it, offering only “populist gimmicks.”With food prices surging more than 20% nationwide during the Biden-Harris administration, Harris, during a North Carolina rally earlier Friday, unveiled economic policies she’d enact during her first 100 days as president that include enforcing government price controls on groceries. Instead of...

Kamala, and these who surround her and support her claim that that gross profit margins are up among food producers and retailers and that is proof that they are gouging consumers. That is BS or pure stupidity. You can tell they never ran a business. Kamala says she is going to focus like a laser beam on grocery stores who are guilty of "price gauging" as she, sic, put it. These people get so aggravated if someone pronounces her name wrong but she can't even read a teleprompter and pronounce "gouging" correctly. They clearly don't understand direct costs and overhead...

On Friday’s broadcast of CNN’s “The Source,” Rep. Dan Goldman (D-NY) wouldn’t say if he backs 2024 Democratic presidential candidate Vice President Kamala Harris’ “federal ban on price gouging on groceries” proposal because “The devil’s in the details.” And “where do you end this? What are the details like? How do you define price gouging? That will be something that we’ll have to work through.” Host Kaitlan Collins asked, “On that economic plan, do you support a federal ban on price gouging on groceries?”

Greetings, comrade worker: Candidate for Party General Secretary Kamala Harris has promised to punish the hoarders and wreckers driving up grocery prices. All hail the might of Soviet labor! That’s the latest bonkers proposal from Komrade Kamala Harris, unveiled in her marquee speech on the economy Friday — socialist price controls on groceries. Because the sky-high grocery prices average Americans have seen since she’s been in office couldn’t be the result of her boss’s disastrous economic policies. No, they must be caused by price-gouging corporate overlords who for some reason want customers to buy less of their products. The data...

It's no wonder Kamala Harris has been hiding from the press. The most liberal Senator/VP in the history of this country has just released her economic agenda and it's everything you'd expect from a far left socialist. Via Kyle Griffin on X* Eliminating medical debt for millions of Americans * A ban on price gouging for groceries and food * A cap on prescription drug costs * A $25,000 subsidy for first-time homebuyers * A Child Tax Credit that would provide $6,000 per child to families for the first year of a baby's lifeThat first one is staggering. Medical debt...

CNN destroyed Kamala Harris’s Soviet-style price controls proposal and said it would lead to higher prices and shortages. Kamala Harris traveled to North Carolina on Friday to announce a Communist-style price control scheme to combat the inflation crisis she created. Harris cast the tie-breaking vote on the so-called ‘Inflation Reduction Act.’ The IRA made inflation unbearable for Americans. Food prices are skyrocketing because of Joe Biden and Kamala Harris. Biden recently turned his ire toward grocers and said he is going to send state attorneys general after them for price gouging. Grocers are not price gouging. The annual profits for...

Vice President Kamala Harris kicked off her campaign speech in North Carolina on Friday announcing her new economic plan that would give about $1.7 trillion in handouts to those struggling in the current Biden-Harris economy and set price controls on groceries. Her economic plan includes measures to ban federal “price gouging” – stopping sellers from setting unfair prices on groceries – giving out $25,000 to help first time home owners with their down payments and up to a $6,000 tax break for lower and middle income families who have a child in their first year of life. The Trump campaign...

Kamala Harris finally came out with a policy position. Her prior one was one that she swiped from her opponent, former President Donald Trump — no tax on tips. Her new policy was going after "price gouging" by corporations, saying that she'd crack down on "excessive prices" and "excessive profits." What qualifies as "excessive"? This smacks of the Soviet Union and communism, in addition to being truly bad policy. In the U.S., the government doesn't control/dictate to private companies. Now, what's pretty funny is that the Washington Post recognized this too, in an op-ed entitled: "When your opponent calls you...

Daniel Alman from Squirrel Hill @DanielAlmanPGH The profit margin for supermarkets is only 1.6%. #KamalaHarris said that's "excessive," and she wants to impose #PriceControls on food. Either she wants to cause food shortages, or she's too dumb to understand #Economics 101. Which is it? https://washingtonpost.com/opinions/2024/08/15/kamala-harris-price-gouging-groceries/ #Communism

Vice President Kamala Harris on Friday unveiled an aggressively populist economic agenda, providing the most detailed vision yet of her governing priorities since becoming the Democratic Party’s presidential nominee. Ahead of Harris’s speech in North Carolina, her campaign announced her support for more than a dozen economic policies aimed at “lowering costs for American families,” including some that went beyond what President Joe Biden had promised. The most striking proposals were for the elimination of medical debt for millions of Americans; the “first-ever” ban on price gouging for groceries and food; a cap on prescription drug costs; a $25,000 subsidy...

In detailing her presidential campaign’s economic agenda, Vice President Kamala Harris will highlight an argument that blames corporate price gouging for high grocery prices.That message polls well with swing voters. It has been embraced by progressive groups, which regularly point to price gouging as a driver of rapid inflation, or at least something that contributes to rapid price increases. Those groups cheered the announcement late Wednesday that Ms. Harris will call for a federal ban on corporate price gouging on groceries in an economic policy speech on Friday.But the economic argument over the issue is complicated.Economists have cited a range...

Her price controls scheme is a guaranteed way of bringing Soviet-style shortages to the U.S. If you thought the economy couldn't get worse under Joe Biden, wait 'til you get a load of what Kamala Harris has in store for it. According to The Hill: Vice President Harris on Friday will outline a series of economic policy proposals as part of her presidential campaign, including a call for a federal ban on corporate price-gouging. Harris will deliver remarks in North Carolina, a battleground state in November, where her campaign said she will focus on plans to lower the cost of...

@JohnStossel Harris set to propose a ban on price gouging. CNN ArticleSad her 1st big policy announcement is economically illiterate. "Gouging" didn't cause inflation, Biden's spending did. Her naive staff could learn from these @EductionSITC students why “gouging” is good.