| Price Gouging laws seem to break a fundamental | | | | consumers, causing the exact opposite of the |
| principle of free-markets and that is the intrinsic value | | | | intended desire. Further if each gas station is setting |
| of anything is indeed, what someone will pay for it. If | | | | prices to each other, then they are breaking the |
| water is scarce after an Earthquake in San Francisco, | | | | "price fixing" rules, so either they are violating the |
| which demolishes Nancy Pelosi's district then water | | | | price fixing rules or the price gouging rules. Thus all |
| will have to be brought in from elsewhere at an | | | | gasoline stations and companies are breaking the law, |
| extremely high cost. This cost should be allowed to | | | | one or the other, you see? |
| be passed onto the consumer so the business | | | | Although I am no originator of the thought, I hold |
| person does not have to bite the bullet or go broke | | | | with Ayn Rand that what will eventually happen if |
| trying to help people. | | | | Congress and the FTC keeps sticking their noses into |
| Next, let's talk about congress setting price gouging | | | | free-markets on behalf of socialist minded mass |
| laws. If one gasoline station is too high, then they will | | | | media incited masses to look like they are doing |
| have to adjust their prices down to meet the other | | | | something, then eventually no one will be selling fuel, |
| companies otherwise they might be called a price | | | | there will be none available. |
| gouger. Some citizens think this is cool, but if that | | | | If you think this comment is way off base, I could |
| company cannot produce it as cheaply and is forced | | | | see it happening with the bouquet fuels and |
| to sell it at a lower price, they cannot re-invest in | | | | mandatory ethanol usage after periods of crop |
| tools to increase efficiencies to compete in the | | | | failures from droughts or flooding. You know we |
| market. This gives advantages to whoever is left as | | | | really need to get Congress some economic lessons |
| they go out of business. | | | | and level the FTC to deal with consumer baby-food |
| Fewer choices will add to higher prices for | | | | issues. Think on it. |