Friday, August 26, 2005

War, Oil, Politics, feh

Hawaii caps gas prices. If you think that having the government cap wholesale gas prices is a good idea, then I am very sorry to inform you that you are a big doody-head.

Why are price controls a bad idea? Go ask someone in Guandong.


Red A said...

But...but..but...the big corporate slime bags are greedy profit mongers! If only they took fair profits and offered a fair price, then this would not be needed.

Now, to be fair, they did catch Enron gouging California - but isn't it man's nature to suckle off the teat of the state?

Robin said...

Enron was gaming a system that had similar backwards economics.

Steve suggests that Hawaii change its motto to: "Hawaii, the only state stupider than California."