Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Argentina's Fernandez slams supermarkets for 'price speculation'
Reuters ^ | 2/12/14

Posted on 02/13/2014 6:07:42 AM PST by Kartographer

Argentine President Cristina Fernandez criticized supermarket chains and said they could face consequences for what she claimed was price speculation on basic products, as the government tries to keep a lid on inflation.

Fernandez said consumers had denounced supermarkets for not complying with a recent voluntary agreement between the government and food suppliers to contain the price of goods including beef, sugar and yerba mate tea.

"We are going to take all the measures that we have to," said Fernandez in a speech at the presidential palace broadcast on television on Wednesday.

(Excerpt) Read more at reuters.com ...


TOPICS: Culture/Society; Foreign Affairs
KEYWORDS:
Looks like our on path towards the abyss of socialism will be littered with the wreckage of others attempts.
1 posted on 02/13/2014 6:07:42 AM PST by Kartographer
[ Post Reply | Private Reply | View Replies]

To: Kartographer
The Profiteer
"One of the terms that eventually makes its appearance in a failing economy is “profiteer”. The further the Venezuelan economy fell the more Hugo Chavez and his successors engaged in fighting “profiteers”. ....."
Venezuela, Argentina, .... the list will continue on and on.
2 posted on 02/13/2014 6:16:40 AM PST by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

¿Cómo se dice “Whip Inflation Now”?


3 posted on 02/13/2014 6:17:07 AM PST by KarlInOhio (Recycled Olympic tagline Shut up, Bob Costas. Shut up! Shut up! Shut up! Shut up! Shut up! Shut up!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

Back when the price of oil had spiked (mostly due to the dropping dollar index) and gas prices were escalating, I was living in CA. All the liberals were angry at (greedy) service stations for raising the price on their current inventory. I tried explaining to them until I was blue in the face that the businesses had to charge enough to be able to replace the inventory. I don’t think any of them ever understood it.


4 posted on 02/13/2014 6:22:14 AM PST by Rusty0604
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

Liberal semantics:
Greed is keeping what you worked for rather than giving it to me.


5 posted on 02/13/2014 6:25:55 AM PST by LucianOfSamasota (Tanstaafl - its not just for breakfast anymore...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

How to move to Socialism 101:

1. The government creates a crisis through over-regulation
2. The government blames the private sector for the crisis
3. A large segment of the population — the lazy and unproductive who are looking for something for nothing — agree with the government
4. The government then takes over more.


6 posted on 02/13/2014 6:26:16 AM PST by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

Wait till we get to the point of Argentina last week, where they put up large “wanted for crimes against the people” posters of various company executives and even small business owners.


7 posted on 02/13/2014 6:28:51 AM PST by livius
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

Is she singing “Don’t Cry For Me, Argentina” while she does this???


8 posted on 02/13/2014 6:31:49 AM PST by cloudmountain
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

So what this really is, is moving towards communism. They hate private enterprise, and will do all they can to seize them and their assets. All this bull$h!t is just an excuse.

Happening here too.


9 posted on 02/13/2014 6:32:32 AM PST by I want the USA back (Media: completely irresponsible traitors. Complicit in the destruction of our country.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

If only socialists could lasso the forces of the universe, the way their economic theory does on paper...


10 posted on 02/13/2014 6:32:35 AM PST by lurk
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sir Napsalot

“Horders” and “wreckers” to be denounced shortly.


11 posted on 02/13/2014 6:33:35 AM PST by Paine in the Neck (Our Lives, our Fortunes, and our sacred Honor)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Kartographer

Recently in Canada the spokesman for the leftist NDP (New Democratic Party) declared that high gasoline prices were the result of “collusion” among the companies, and gave as evidence that gasoline prices rose during cold winter weather, and at the beginning of the summer vacation season.

A normal economist would probably know that this is a reflection of simple supply and demand at those times, and that the price fluctuations were a healthy sign of market sensitivity. But not for the NDP (with their rather typical left-wing paranoia), for whole this means that evil gas-stations are in “collusion.” So, why is this collusion at just those times? Why not always? They don’t even think this through; and what is worse, their opponents don’t even try to give a reasoned response. Both sides are probably reading their polling data.

However, a reasoned response, using calm logic, would probably eventually help educate the public, and show up the NDP, which is a highly dangerous group.


12 posted on 02/13/2014 6:36:05 AM PST by docbnj
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sir Napsalot

This is why it is not a bad idea to “invest” in nonperishable goods. If you have the room, store some food; it’s good advice proffered by sources as varied as the Mormon Church, Mel Tappan and Andrew Tobias.


13 posted on 02/13/2014 6:45:00 AM PST by MSF BU (n)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Kartographer

I’m old enough to remember Nixon giving pretty much the same speech.


14 posted on 02/13/2014 6:52:46 AM PST by Buckeye McFrog
[ Post Reply | Private Reply | To 1 | View Replies]

To: docbnj
The NDP have been spewing this doctrine for decades.

There are four possibilities.

One, they are ignorant of basic economics. This is quite possible since anyone of reasonable intelligence should be able to understand the simple laws of supply and demand.

Two, they are aware of basic economics but are pandering for votes. They appeal to the ignorant. The desire for power causes them to lie.

Three, their ideology blinds them to the facts.

Four, a combination of the first three.

In any case, they are not acting in the interest of the nation.

15 posted on 02/13/2014 7:09:47 AM PST by Former Proud Canadian (Cruz/Palin 2016)
[ Post Reply | Private Reply | To 12 | View Replies]

To: Kartographer

Sounds like the President of Argentina has a pen and a phone too.


16 posted on 02/13/2014 7:34:32 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

Yep. In the later stages of socialism it becomes illegal for a retailer to sell basic commoditites for any price above cost, or even at cost in many situations. Thus, they are forced to sell at a loss. Guess what happens to any business in this environment?


17 posted on 02/13/2014 7:35:29 AM PST by circlecity
[ Post Reply | Private Reply | To 1 | View Replies]

To: Former Proud Canadian

You are correct on all of the above.

One reason I give Pope Francis a bit of a pass is that in my experience, every Argentine learned his economic theory off the back of a Cracker Jack box.


18 posted on 02/13/2014 7:40:39 AM PST by Buckeye McFrog
[ Post Reply | Private Reply | To 15 | View Replies]

To: Kartographer

Nothing knew under the sun.

Price and wage controls ALWAYS fail and lead to shortages.


19 posted on 02/14/2014 4:12:02 PM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: KarlInOhio

+1


20 posted on 02/14/2014 4:14:38 PM PST by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Travis McGee

“Price and wage controls ALWAYS fail and lead to shortages.”

They are supposed to do just that. Then the politicos can demand even more power. Lather, rinse, repeat.


21 posted on 02/14/2014 4:17:23 PM PST by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Lurker

Exactly, which is why we should have already edged away from the stampeding buffalo herd of LIVs.


22 posted on 02/14/2014 6:07:05 PM PST by Travis McGee (www.EnemiesForeignAndDomestic.com)
[ Post Reply | Private Reply | To 21 | View Replies]

To: Travis McGee

There is nothing we can do to stop the LIV at this point, I am afraid.

Best to get ready for dealing with that reality. Just sayin.


23 posted on 02/14/2014 7:15:27 PM PST by Lurker (Violence is rarely the answer. But when it is it is the only answer.)
[ Post Reply | Private Reply | To 22 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson