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Reasons why New York Sucks - Page 51

post #751 of 7252
Quote:
Originally Posted by Omar1223 View Post

subway service starting tomm
http://www.mta.info/sites/default/files/pdf/Nov1ServiceAlert.pdf

No service on the G line - so I guess that means all's back to normal?
post #752 of 7252
Quote:
Originally Posted by poorsod View Post

I was walking down 7th and 8th Ave.

Quote:
Originally Posted by JackFlash View Post

My morning commute was up 1st Ave up to 42nd. Office on 42nd has power.  

Quote:
Originally Posted by gdl203 View Post

6th & 8th ave street lights are on from 26 & up, stores also seem powered right after 26th. On Park, I looked up from 21st and could not see a single street light on all the way to the Met Life so it's very possible that the blackout goes up farther on the east side

I drove down the West Side HWY last night to help out some friends on W20th and it was strange how everything was lit until you hit 34th and them boom, blackness. Looks like our servers are still down on 28th & Park so I stayed in today, that and school is out. Driving around Hamilton Heights there were street closures due to large trees down on cars, etc. Still nothing close to some of the footage I've seen over the past few days which was horrific.
post #753 of 7252
Thread Starter 
I totally got off easy.

I propose a 10 day moratorum on posting reasons why NY sucks. NY deserves a break.
post #754 of 7252
Well, I've got one more before moratorium goes in effect: disaster profiteers. I understand the concept of supply & demand, free markets, etc... but there are moments when basic decency should supersede those.
post #755 of 7252
Thread Starter 
Not sure that's unique to NY. Plus ...

[fran] price is just a way of regulating scarcity. in distaster situations, certain goods become more scarce than others, so the market regulates that through higher prices, who's to say what's a "fair" price for scarce goods in this or any situation? [/fran]
post #756 of 7252
Like the $5 umbrellas that become $10 when it starts raining.
post #757 of 7252
There's a difference IMO. You have hundreds of people volunteering and giving away food, batteries, supplies to help others in a tragic moment like this. And then, you have those who will exploit the bad fortune of others to make an extra buck.
post #758 of 7252
Quote:
Originally Posted by gdl203 View Post

There's a difference IMO. You have hundreds of people volunteering and giving away food, batteries, supplies to help others in a tragic moment like this. And then, you have those who will exploit the bad fortune of others to make an extra buck.

if you lower personal income taxes, this would not be an issue.
post #759 of 7252
It's the double-whammy that chaps my ass. Tons of hourly workers who won't get paid a cent while their employers are closed are then confronted with the profiteers "regulating scarcity."
post #760 of 7252
In the spirit of community goodwill, care for my fellow man and moral rectitude, I am proud to announce that I have not raised the price one bit on my storm essential ties.
post #761 of 7252
Quote:
Originally Posted by gdl203 View Post

Well, I've got one more before moratorium goes in effect: disaster profiteers. I understand the concept of supply & demand, free markets, etc... but there are moments when basic decency should supersede those.

Ask Richard Nixon how well price controls work.
post #762 of 7252
Quote:
Originally Posted by gdl203 View Post

There's a difference IMO. You have hundreds of people volunteering and giving away food, batteries, supplies to help others in a tragic moment like this. And then, you have those who will exploit the bad fortune of others to make an extra buck.

If prices stay low at a time when it is known that supplies are going to dwindle, the first consumer to reach the store/gas station will horde, and thus fewer consumers will be served. If gas stays $4/gallon, the station will run out quickly because each purchaser will fill their tank. If gas goes to $15 a gallon, the consumer will think "hmmm I only need a few gallons now - by the time I run out the crisis will be over and prices will return to normal."

Also in a weather crisis situation the vendor may shut down if he determines the risk he is taking is not worth selling at regular prices. And thus supply tightens even more.

Price Gouging Saves Lives in a Hurricane
http://mises.org/daily/1593/Price-Gouging-Saves-Lives-in-a-Hurricane
post #763 of 7252
Quote:
Originally Posted by musicmax View Post

blabla econ 101
Quote:
Originally Posted by gdl203 View Post

Well, I've got one more before moratorium goes in effect: disaster profiteers. I understand the concept of supply & demand, free markets, etc... but there are moments when basic decency should supersede those.

Yes I guess you could say that scumbags do play a role in a free market economy. They're still scumbags
post #764 of 7252
Quote:
Originally Posted by gdl203 View Post

Yes I guess you could say that scumbags do play a role in a free market economy. They're still scumbags

Scumbag gougers who facilitate rationing and a more even distribution of scarce resources vs. scumbag horders who facilitate skewed distribution of scarce resources. You pick. Or do you prefer stormtroopers setting prices with blasters (and skimming for themselves)?
post #765 of 7252
Quote:
Originally Posted by musicmax View Post

Quote:
Originally Posted by gdl203 View Post

Yes I guess you could say that scumbags do play a role in a free market economy. They're still scumbags

Scumbag gougers who facilitate rationing and a more even distribution of scarce resources vs. scumbag horders who facilitate skewed distribution of scarce resources. You pick. Or do you prefer stormtroopers setting prices with blasters (and skimming for themselves)?

These are the only available options? Gotcha.
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