Capitalism vs. Price Gouging: How Much Would You Charge for a Bottle of Water?

August 29, 2017

WRITER

In Texas, prices for water, gasoline and hotel rooms have skyrocketed in the wake of Tropical Storm Harvey, which flooded Houston and is expected to remain on the Gulf Coast for a few more days.

People are reporting that a case of water costs $99 and gas costs as much as $10 per gallon. This past weekend, there were more than 500 complaints about price gouging, or raising the cost of goods to an exploitative price, Texas Attorney General Ken Paxton told CNBC.

A Best Western near Corpus Christi was charging $321.89 a night, almost tripled from the room’s normal rate of $120, KXAN reported. The attorney general’s office has delivered a subpoena to the motel in question after finding that nearly 40 guests were similarly over-charged.

The state has a penalty of $20,000 for those found guilty of price gouging, and the fine can be as much as $250,000 if the victim is age 65 or older.

The state defines price gouging as:

Selling or leasing fuel, food, medicine or another necessity at an exorbitant or excessive price; or

Demanding an exorbitant or excessive price in connection with the sale or lease of fuel, food, medicine or another necessity.

While price gouging is illegal in Texas, it’s an undecided question for some conservatives who value the free market. On radio Tuesday, Glenn and the guys debated the ethics of price gouging and whether or not there is a benefit to letting the market stay unregulated even during a disaster.

Stu was alone in being certain in his opinion.

“Stu is just a pure capitalist, ‘screw ‘em all, let ‘em eat each other,’” Glenn joked about Stu’s perspective.

Estimating that a case of water had 24 bottles, Stu pointed out that you would be paying around $4 per bottle, which is roughly what you might pay at a baseball game. “That’s not even price gouging. That is event pricing,” he said.

Glenn couldn’t quite get past the fact that water is the most fundamental human necessity.

“I’m really torn on this because I mean, water is water. … It’s life-saving,” he said.

GLENN: So here's -- here's a -- if we may have an intellectual conversation about something that we are all really torn on, except for Stu. Stu is just a pure capitalist, screw them all, let them eat each other under the bridge.

STU: Not accurate in any way.

GLENN: I know.

PAT: He's a godless animal.

JEFFY: Right. Hates people.

GLENN: Hates people. Wants your children to die.

But there's a price gouging thing that's going on here in Texas with water and gas and everything else. And I'm really torn on this. Because, I mean, water is water. You got to have water. It's life-saving.

PAT: And they're charging $99 for a case of water.

GLENN: Okay. That's kind of a problem.

PAT: That's a lot.

STU: Is it? What's a case of water? Twenty-four? So let's say, you're at, what? Four bucks a bottle of water. I pay that at every freaking baseball game I go to. Every game I go to, $4 a water is a very reasonable price.

JEFFY: Absolutely, it is.

STU: That's not even price gouging. That is event pricing. That is legitimately event pricing. If I go to a movie, I'm paying $4 for a bottle of water.

GLENN: And you know what, that's actually what this is too, this is an event. It's a bad event, but it's an event.

STU: It's an event. It is.

GLENN: Okay. But I still have a problem.

PAT: What about rooms? Okay. A hotel room going from 120 a night to 321.89.

STU: I have no problem with that.

PAT: That's Best Western. That's not even a hotel. That's a motel.

GLENN: No, I have no problem with that.

PAT: No problem? Okay.

JEFFY: Don't look down on Best Western. Don't point your nose down at it.

PAT: Okay.

STU: There's an extreme scarcity and demand increase.

GLENN: Yeah. Yeah.

PAT: Gas at ten bucks a gallon. You can't get gas, you're going to pay ten bucks a gallon.

JEFFY: You know you are.

GLENN: Right. And here's the thing: Yes, should you have gas? But once that gas station runs out --

PAT: They're not getting anymore.

GLENN: -- how are you going to get the trucks to come in? You need some mercenaries to come in and to refill some things. You need some truckers who are incentivized to come in and say, "I'll get that water there. I'll get that gas there." I mean, there's a balance between humanity and the truth about our better angels.

PAT: Uh-huh.

GLENN: That capitalism needs to walk.

POLL: What DARK government secrets will Trump uncover?

Mark Wilson / Staff | Getty Images

Will the dark secrets of the Deep State finally see the light of day? Or will they slip back into darkness, as they have many times before?

The Trump administration is gearing up to fulfill one of Trump's most anticipated campaign promises: to make the contents of the JFK files, along with other Deep State secrets, available to the public. Kash Patel, who has promised to publicize the highly anticipated files, is expected to be confirmed next week as Trump's director of the FBI. Moreover, the House Oversight Committee created a new task force headed by Rep. Anna Paulina Luna called "Task Force on Declassification of Federal Secrets," which is tasked with investigating and declassifying information on the JFK, RFK, and MLK assassinations, UFOs, the Epstein list, COVID's origins, and 9/11. This all comes after the FBI found 2,400 "new" records relating to the assassination of President Kennedy following Trump's executive order to release the files.

Glenn discussed this topic with the cast of the Patrick Bet David podcast. Glenn expressed his confidence in Trump's radical transparency—on the condition that Kash Patel is confirmed. The cast was not as optimistic, expressing some doubt about whether Trump will actually unveil all that he has promised. But what do you think? What files are likely to see the light of day? And what files will continue to linger in the dark? Let us know in the poll below

Do you think the JFK, RFK, and MLK files will be unveiled?

Do you think the 9/11 files will be unveiled?

Do you think the COVID files will be unveiled?

Do you think the UFO files will be unveiled?

Do you think the Epstein list will be unveiled?

Transgender opera in Colombia? 10 SHOCKING ways USAID spent your tax dollars.

MANDEL NGAN / Contributor | Getty Images

The government has been doing what with our tax money!?

Under the determined eye of Elon Musk, DOGE has rooted out the corruption that permeates USAID, and it turns out that it's worse than we thought. Glenn recently read a list of atrocious causes that were funded by USAID, and the list was as long as it was shocking.

Since the January consumer index report was published today, one thing is clear: eggs are bearing the brunt of inflation. That's why we illustrated the extent of USAID's wasteful spending of YOUR taxpayer dollars by comparing it to the price of eggs. How many eggs could the American people have bought with their tax dollars that were given to a "transgender opera" in Colombia or indoctrinating Sri Lankans with woke gender ideology? The truth will shock you:

1. A “transgender opera” in Colombia

USAID spent $47,000 on a transgender opera in Colombia. That's over 135,000 eggs.

2. Sex changes and "LGBT activism" in Guatemala

$2 million was spent funding sex changes along with whatever "LGBT activism" means. That equates to over 5.7 million eggs!

3. Teaching Sri Lankan journalists how to avoid binary-gendered language

USAID forked over $7.9 million to combat the "gender binary" in Sri Lankan journalism. That could have bought nearly 23 million eggs.

4. Tourism in Egypt

$6 million (or just over 17 million eggs) was spent to fund tourism in Egypt. If only someone had thought to build some impressive landmarks...

5. A new "Sesame Street" show in Iraq

USAID spent $20 million to create a new Sesame Street show in Iraq. That's just short of 58 million eggs...

6. Helping the BBC value the diversity of Libyan society

$2.1 million was sent to the BBC (the British Broadcasting Corporation) to help them value the diversity of Libyan society (whatever that means). That could have bought over 6 million eggs.

7. Meals for a terrorist group linked to Al-Qaeda

$10 million worth of USAID-funded meals went to an Al-Qaeda linked terrorist group. That comes up to be just shy of 29 million eggs.

8. Promoting inclusion in Vietnam

A combined $19.3 million was sent to two separate inclusion groups in Vietnam inclusion groups in Vietnam (why where they separated? Not very inclusive of them). That's over 55 million eggs.

9. Promoting DEI in Serbia's workplaces

USAID sent $1.5 million (4.3 million eggs) to “advance diversity equity and inclusion in Serbia’s workplaces and business communities.”

10. Funding EcoHealth Alliance, tied to the Wuhan Institute of Virology's "bat research"

EcoHealth Alliance, one of the key NGOs that funded the Wuhan lab's bat virus research, received $5 million from USAID, which is equivalent to 14.5 million eggs.

The bottom line...

So, how much damage was done?

In total, approximately $73.8 million was wasted on the items on this list. That comes out to be 213 million eggs. Keep in mind that these are just the items on this list, there are many, many more that DOGE has uncovered and will uncover in the coming days. Case in point: that's a lot of eggs.

POLL: Should Trump stop producing pennies?

SAUL LOEB / Contributor, Chip Somodevilla / Staff | Getty Images

On Sunday, February 9th, President Trump ordered the U.S. Mint to halt the production of pennies. It costs the mint three cents to produce every penny, which Trump deemed wasteful. However, critics argue that axing the pennies will be compensated by ramping up nickel production, which costs 13 cents per coin.

In other news, President Trump promised on Truth Social that he would be reversing a Biden-era policy that mandated the use of paper straws throughout the federal government. From potentially slashing entire agencies to saying farewell to pennies and paper straws, Trump is hounding after wasteful spending of taxpayer dollars.

But what do you think? Was Trump right to put an end to pennies? And should plastic straws make a comeback? Let us know in the poll below:

Should Trump stop the production of pennies?

Do you agree with Trump's reversal of the plastic straw ban?

Was this the most PATRIOTIC Super Bowl yet?

CHANDAN KHANNA / Contributor | Getty Images

The 2025 Super Bowl demonstrated Trump’s vision of a new America.

On Sunday, February 9th, the Philadelphia Eagles defeated the Kansas City Chiefs in the biggest sporting event of the year. But this wasn't just a victory for Eagles fans. For those watching, it became apparent that American culture has changed, the zeitgeist has shifted, and America has become cool again. While remnants of woke culture lingered, they felt out of step next to the parade of American Flags and patriotic messaging that dominated the national event. The message was clear: America is back.

Everybody knows that the commercials are the best part of any Super Bowl, and last night's game was no exception. As Glenn has pointed out, while some of the ads still carried woke messages (like Nike's), many more captured the newly kindled patriotism felt nationwide. Here are four of the best commercials from last Sunday that make this the most patriotic Super Bowl yet:

1. Rocket: "Own the Dream"

This touching commercial by the financial services company, Rocket, states "Everyone deserves a shot at the American dream," while showing images of people returning home and building families. The ad included a cover of John Denver's iconic song "Take Me Home, Country Roads" and featured an in-stadium sing-along, live from the Super Bowl.

2. Secret Service: "A History of Protection"

Donald Trump made history by being the first sitting president to attend a Super Bowl, which required the efforts of hundreds of Secret Service agents to ensure his safety. The Secret Service boasted of this feat during their minute-long commercial, which lauded American values and achievements and featured iconic American imagery.

3. Brad Pitt: "Huddle Up"

The Super Bowl introduction celebrated snapshots of American achievement accompanied with a powerful commentary about unity narrated by Brad Pitt. The message is clear: Americans can achieve great things when we work together. The ad conjures up American ideals such as hard work, ingenuity, self-sacrifice, and teamwork.

4. Jeep: "Big Game"

Movie star Harrison Ford appeared in Jeep's Super Bowl commercial to promote freedom and to remind us that "freedom isn't free." Ford treks through the mountains while ruminating on what freedom means in America and the opportunities and responsibilities that come with it.

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