View Poll Results: Is price gouging OK?

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  • No

    14 87.50%
  • Yes

    2 12.50%
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Thread: Is price gouging OK?

  1. #1
    Veteran Member Devil505's Avatar
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    Is price gouging OK?

    Meaning essential items like water.

  2. #2
    Thought Provocateur NightSwimmer's Avatar
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    Of course not,

    but it's profitable.
    Thanks from Davocrat

  3. #3
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    Quote Originally Posted by Devil505 View Post
    Meaning essential items like water.
    Yes.

  4. #4
    ~Standing My Ground~ Sassy's Avatar
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    What about gas prices?

  5. #5
    NWO Toilet Cleaner Blues63's Avatar
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    No, it destroys the balance in a society. Australia is suffering heavily under exorbitant fuel, electricity, real estate and water prices and the cost of living is starting to climb so fast that wages cannot be kept in step. It has eroded the standard of living quite fast and it is approaching a level out of control. Government enquiries into price gouging have not effectively reined it in, and some of it is owing to the government's privatisation of utilities (watch that one). There are record numbers of defaults on electricity and water payments-that is indicative of the level of the problem.

    People will soon be unable to afford to live in their own country and that is beyond absurd. It will be too expensive to heat or cool your house and too expensive to drive. Hell, most Aussies can't afford a house and many rent off Chinese nationals living off shore. A three bedroom weatherboard house in a suburb of a major city will fetch upwards of $500,000!

    People will love this little snippet. Owing to an extreme drought, the population was trained to use less water per head per day. Now the population is being penalised for not using enough with prices being jacked up. The population was trained to use less electricity as the grid came under strain after several natural disasters, now they are paying highly for their conservatism for one unashamedly greedy provider stated, 'we are not using enough', so they will have increase the tariff. The electricity tariff goes up approx. every six months, and it is not by a little amount at all. Aussies will be drinking rain water if it keeps up.


    The Aussie state of Queensland is becoming a basket case because of this problem.

    My American friends, do NOT let this happen to your country. Aussies lay down for everything the government and corporations dish out, thankfully you are not so easily led.

    Perhaps if the Aussies had shot one or two of their Prime Ministers over the years, the politicians might be a little more careful with the population, but as it stands now, the buggers do what they like.

    To convert, the Aussie dollar is trading at about .75c US

    Rant Over, as you can see, I'm a little passionate about this.
    Last edited by Blues63; 31st August 2017 at 10:16 PM.
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  6. #6
    ~Standing My Ground~ Sassy's Avatar
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    I couldn't find out why, but the guy that I talked to the most at the gas station melee said 'I don't believe all that' about the refineries closing. I mean, they did close. I gathered that he felt this shortage is BS to raise prices. I really did not care very much at the time what the price was or why. I just wanted out of the melee with some gas in the tank! But I would have been curious to hear what he had to say otherwise.
    Thanks from Blues63

  7. #7
    NWO Toilet Cleaner Blues63's Avatar
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    Quote Originally Posted by Sassy View Post
    I couldn't find out why, but the guy that I talked to the most at the gas station melee said 'I don't believe all that' about the refineries closing. I mean, they did close. I gathered that he felt this shortage is BS to raise prices. I really did not care very much at the time what the price was or why. I just wanted out of the melee with some gas in the tank! But I would have been curious to hear what he had to say otherwise.
    I'm sure the gas market is manipulated, but proving it is difficult. How can Singapore impose $1.56/litre when the barrel price was quite low a few months back? I know seismic exploration workers out of work owing to a glut of oil this year, yet the prices at the pump do not reflect this.

  8. #8
    Veteran Member PACE's Avatar
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    Quote Originally Posted by Devil505 View Post
    Meaning essential items like water.
    Price gouging is not okay, in Texas, if you are found to price gouge, you can be fined 5K, if the person reporting is over 65, that fine can go up to 250K.

    It is never OKAY to price gouge, and certainly not in situations like this.

  9. #9
    ~Standing My Ground~ Sassy's Avatar
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    The news said the shortage is actually due to people panicking when there is no need to. Most people are 'topping off' out of unfounded fear leaving people on or near empty to have to wait and wait, drive around from place to place. Idiots.

  10. #10
    A Blue Dog Jets Fan Jets's Avatar
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    Price gouging should never be ok.

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