Wal-Mart-owned Sam's Club limits rice purchases

[marmar]

from AP, via Yahoo!:



Wal-Mart-owned Sam's Club limits rice purchases
1 hour, 36 minutes ago



BENTONVILLE, Ark. - 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.


http://news.yahoo.com/s/ap/20080423/ap_on_bi_ge/wal_mart_rice

[aquart]

1. Like in the old Soviet Union?

[uppityperson]

2. Another interesting take on the buying panic possibility...link here

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x3196013

[GetTheRightVote]

3. I can not believe that in this nation we now have a food shortage

the corporations are holding onto it so that they may push up the prices on us.
I see the writing on the wall, can't get us on the gas so it will be food instead.
Hmmmm.... where is our congress now ?

[Tesha]

4. Food shortages are an indicator of "third world" status. (NT)

[Bluebear]

5. We are becoming a banana "republic"