Pam Bondi on Hannity tonight-is Pam acting more like a Dem AG? Eyeing a run for governor?

Fox News ^ | Sept. 11, 2017 | Fox News

[arthurus]

You are by definition taking advantage of people when you sell them anything at sufficient price to make you a profit. They are taking advantage of you when they get what they want from you. If water can be sold at $40then people from outside the area will be rushing in to sell water. The “unconscionable” high prices get the supplies to the affected area much faster and the supplies drop in price as the supply increases because all those greedy bastards are rushing water to the zone to get those high prices.

[arthurus]

There is no such thing as excess profit. The high profit sucks in more of the product to take advantage of the high profit and voila! there is a lot more of it on hand faster and the price comes down accordingly. Either you believe in markets and in supply & demand or your are a dirigiste, a socialist.
The scarcity of the product determines the price and rations it by price. If the prices is held lower then some other mechanism rations the product, such as intimidation or government determining who gets what. That may be "fairer" but it reduces the amount of the desired product and fewer people can get it.

[arthurus]

So how is it the poor person is more deserving of the bottle of water than the rich person? If you may only continue to sell water for that $1 then you have little incentive to bring it into the area and maybe nobody gets water. If that water is sold to the rich guy for $10 then people load up with bottles of water to rush in to sell them for $10 but the price they can actually get goes down as the gougers bring in more water to make all that money. Without the "price gouging" perhaps water is not offered for sale because it takes effort and expense to bring it in and if there s no reward then it can stay in the store in the next county and that poor guy who only has a dollar still can't get the water he wants and can't get it a little later when the price would drop down to that 1$ because there is so much coming in to take advantage of $10 water.

In fact, it is price gouging only if somehow other dealers in water are prevented from serving the emergency market so that more supplies are not rushed in. Only a government can do that.

[wardaddy]

Exactly and a southern accent

Who cares what her principles are?

Actually I watched her whole segment and thought she was reasonable

It should not be allowed to price gouge folks dealing with emergency hardship

A profit yes

But crazy punitive like the 100 dollar water case

Hell no

Capitalism has limits...a few and that is one of them

I have a friend in Houston right now consulting for water damage work on behalf of the insurance companies who took down about 300,000 in super quality polymer tarps for roofers etc in the aftermath of Hugo

He's getting double normal construction prices which is passed on via insurance or FEMA

It's partly logistics and partly supppy demand and is reasonable

Charging 1500 for a 250 dollar generator is not

Or 100 for a 10 dollar case of bottled water

And so forth

But i do get the purist philosophical argument

Anyway Bondi ....not guilty regardless

[Beagle8U]

” I didn’t know you could buy any kind of generator with significant output for $100.”

Harbor Freight sells small generator that will power a few lights or a refrigerator for $88. They work pretty damn good too.

They sell a gen that will power a home for under $500.

[arthurus]

The best ones run on either natural gas or propane. If you have a gas line, the gas is much less likely to be interrupted than electricity and if it is then you can hook up the Propane.

[arthurus]

$300 seems to be the minimum hereabouts.

[Sivad]

This is just a guess but if a store owner is concerned
that he will have difficulty refilling his inventory
or if he thinks he may suffer extensive damage that
will prevent him from conducting regular business for
a time might he raise prices to get what he can, while
he can?

[momincombatboots]

First of all thank you Jesus our nation wasn’t it with 185 mph winds. irma didn’t sneak up.. it was forecast to be catastrophic well in advance. Every coastal resident should be prepared, looks like many were.
It’s the price you pay for life at the beach. Those who didn’t prepare should have left.
With the exception of the grossly disabled or handicapped, prepare. The community and multitudes of organizations care for the truly needy. In the seriously flooded areas, well I don’t think preparing can be enough.. they should have evacuated.
Instead, I saw parents with expensive strollers stand in line for a shelter.
What kind of parent doesn’t have food,water and shelter for their kids when the hurricane was forecast a week in advance.
It’s not price gouging, it’s a stupidly fee.

[SaraJohnson]

Yes. Price gougers during state of emergency are no better than looters.

[snoringbear]

You can’t buy a generator of any significance for $100. I bought a 3500 watt champion for a little under $400 at Cabelas about three years ago for my camper. With generators, you pay for quietness. The Honda generator of about the same output as my Champion runs about $1,000. So, depends what make and output these generators are and how far they’re being transported, etc to say what a fair price should be. Personally, if I were down in Florida and looking at several weeks, maybe months with no power I would gladly pay $1,000 for a 3500 watt generator. - and say thank you while I’m at it....

[Hardastarboard]

But Basic Economics is racist! / bitter sarc

[USS Alaska]

There’s a difference between making a profit and taking advantage of desperate people. People were selling cases of water down here for $40.

I can buy a 40 bottle case of water at Sam's Club for $3.99 but at a baseball game that same bottle is $3.00 or $120 a case.

Is that gouging?

Before the storm hit, why didn't people fill up containers with tap water?

People don't plan, and then want gummint protection, price protection, health care protection.

If $40 a case is too expensive, don't buy it, I'm sure that some bleeding heart liberal will be glad to share their water.

[Alberta's Child]

Right. And think about this ...

The store owner who is selling the generators has to cover a lot of fixed costs that don't change just because the area has been hit by a hurricane. He still has to pay rent, he still has to pay his taxes, he still has to pay his utility bills, and he still has to pay his staff.

If generators are the only thing anyone is buying in his store this week, he'd have to raise their prices simply to raise enough revenue to keep his store open.

[DoodleDawg]

She’s a politician and she’s campaigning. Putting on a show of outrage for the cameras is not a Democrat failing or a Republican failing.

[xzins]

I listened and she said nothing unusual and I don’t recall anything she said that I disagree with.

Taking advantage of the helpless is frowned on by everything from the bible to the president.

The Ayn Rand type “conservatives” think it’s a good idea. The theory that it at least allows for supply to at least be there are wrong. It causes rebellion, and everyone agrees it is less a crime to take something when you are in self-preservation mode. Even the bible affirms that.

[Neidermeyer]

She’s hot.
*********
She’s a bankster stooge and a big lib airhead who doesn’t give a damn for the rule of law in Florida.

[snoringbear]

if I were down in Florida and walked up to the counter of some Quick Stop with a case of water and the guy behind the counter said “that will be $30 please”. I would lay a $10 on the counter for the water and walk out with the water and dare him to stop me. Consequences be damned. But, Im betting he wouldn’t attempt to stop me.

[xzins]

That is a great solution actually. I might get it on video just to be safe.

[bert]

I would argue that all generators sold in Florida come from out of state.