Munich holds World’s Best Butt contest. Finally, a beauty pageant with some ass, eh, I mean class. A panel composed of German models and entertainers took a long, hard look at and judged the derrières of 46 contestants from 26 countries I guess there are worse ways to spend the afternoon. The 19 year old woman’s and 24 year old man’s winners with The Best Butt in the World took home $14,500. The competition, held in Munich’s Reithalle, was titled “Show me Your Sloggi,” after the German underwear company and contest sponsor.Of course, seeing as I have never heard of…