Friday, November 02, 2012

Gouging v. The Free Market

Stupid Hurricane ‘Victims,’ Let Fox News’ John Stossel Explain Why It Is Awesome To Price Gouge You
Now that Chris Christie has dared to show what used to be the standard amount of deference and respect due to the office of the president, the right wing has pounced on him like Rush Limbaugh on a Dominican hooker. The latest complaint is that he is not allowing oil companies to take advantage of New Jersey’s misfortune and charge whatever they want in storm-stricken neighborhoods filled with desperate people. There are long lines, you see, ever so long lines of people waiting for gasoline, and Chris Christie could fix these long lines if he just let gas stations charge, say, $20 per gallon. Why is Chris Christie a mean man that hates price gouging and by extension, capitalism?...

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