Rice rationing at Sam's Club
Food hoarding in the United States? Rice-purchase controls at Sam's Club? Get ready to unfurl your rationing coupons and plant a Victory Garden. What is the world coming to? Here is the story from AP, in its entirety:
Wal-Mart's warehouse chain Sam's Club limits rice purchasesBENTONVILLE, Ark. (AP) -- Sam's Club, the membership warehouse division of Wal-Mart Stores Inc., is limiting how much rice customers can buy because of what it calls "recent supply and demand trends."
The broader chain of Wal-Mart stores has no plans to limit food purchases, however.Sam's Club says it will limit customers to four bags at a time of Jasmine, Basmati and long grain white rice. Rice prices have been hitting record highs recently on worries about tight supplies.
Sam's Club's restriction is effective immediately at all locations where quantity restrictions are allowed by law. It does not apply to other staples such as flour or oil.
Comments
Shades of "Hole in the Ozone" and other so called crisis situations. Hey, billions were made by yelling "The sky is falling," like a well known chicken back then.
The refrigerant industry made a killing forcing Freon out and requiring new ACs to be installed in offices, vehicles, homes, and factories.
I believe all this rice rationing is just another attempt to cause price increases and make billions. Seems there was a couple of brothers tried it with buying all the silver a while back.
I believe P.T. Barnum's "A sucker is born every minute." should now be more appropriate if the word, minute would be changed to second.
Posted by: Roy Wolford | April 25, 2008 9:08 AM