Wednesday, December 14, 2011

GLENN BECK OUTDOES HIMSELF

Just before the middle of the 2nd hour of his radio show, he said that butter in Norway is selling for $500.00 a pound.  The cause?  Somehow related to Woodrow Willson and Karl Marx.

The truth is that there is a butter shortage in Norway but it was caused in part by unusually high demand:
Growth in demand peaked at more than 30 percent last month, compared with November 2010.

That has caused empty shelves nationwide.
and that favorite of the Free Market Fairy, a monopoly:
But critics say that Tine, which controls 90 percent of Norway's domestic butter supply, failed to start importing butter when it became clear that the domestic supply would fall short.
This shortage has resulted in a price increase but NOTHING like Glenda claimed:
Hawkers have been offering Swedish butter on the Internet for 400 kroner a kilogram ($32 a pound) — about six times the normal shop price.

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