It’s Monday, which makes it a good day to channel your inner current-gen Mazda Miata: smiling on the outside, yet ready to give somebody a hardcore evil eye at any. An elderly woman leaves her home and is helped into a boat after flooding caused by heavy rain during Hurricane Harvey August 29, 2017 in the Bear Creek neighborhood. You can buy the DVD on Amazon but unfortunately I can’t locate a proper download or stream, though someone did upload the movie to YouTube. Directed by Su Rynard. With Jeremy Renner. How can a tiny mosquito be such an enormous threat to humankind? And how is it that this once distant threat is now lurking.
Best Buy Apologizes For Selling $4. Packs of Water While CNBC Asks If Disaster Capitalism Is So Bad. Did you see those packs of water being sold at a Best Buy store in Houston for as much as $4. The photos went viral as an example of predatory price- gouging in the wake of Hurricane Harvey. But the company is now apologizing and saying it was all a big misunderstanding. Meanwhile, CNBC doesn’t think that disaster capitalism is such a big deal.
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There have been over 5. According to the Texas Attorney General, the price gouging has included hotel prices quadrupling, fuel for as much as $1. But Best Buy was recently singled out on social media when a tweet showed that some packs were being sold at a Houston location for $2.
People were disgusted, to say the least.“This was a big mistake on the part of a few employees at one store on Friday,” a Best Buy spokesperson told CNBC.“As a company we are focused on helping, not hurting affected people. We’re sorry and it won’t happen again,” the statement continued.“Not as an excuse but as an explanation, we don’t typically sell cases of water. The mistake was made when employees priced a case of water using the single- bottle price for each bottle in the case,” the spokesperson from Best Buy concluded. The penalty for price gouging in Texas is a fine of up to $2.
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And if the victim is over the age of 6. So while Best Buy contends that it was all an honest mistake, they have a legal responsibility not to price gouge during a disaster. That’s the law in Texas. But amazingly, a host from CNBC acknowledged that while it might be immoral to overcharge during a crisis, he still wondered if the law should be enforced. CNBC had the Attorney General of Texas, Ken Paxton, on their network this week and asked why businesses shouldn’t be allowed to charge whatever they want, even after a natural disaster.“Attorney General, clearly all of us would be agreed that it’s a moral issue to try and oversell necessities at a time of crisis. Is it and should it be a legal issue as well?” the CNBC host asked. It’s up to $2. 0,0.
Texas Attorney General Ken Paxton said.“So, of course, our legislature, signed by a governor many years ago, clearly didn’t want during natural disasters the necessities to be jacked up in price,” Paxton continued. Nothing, not even the lives of hundreds of thousands of people, should apparently get in the way of making a buck. I regret the error.