Obamanomics: Tide laundry detergent being used as currency in some U.S. neighborhoods


Didn’t this happen in Zimbabwe just before their currency collapsed?

…Theft of Tide detergent has become so rampant that some cities are setting up special task forces to stop it and retailers like CVS are taking special security precautions to lock down the liquid.

…Tide has become a form of currency on the streets. The retail price is steadily high — roughly $10 to $20 a bottle — and it’s a staple in households across socioeconomic classes.

Tide can go for $5 to $10 a bottle on the black market, authorities say, and some thieves even resell it to stores.

“There’s no serial numbers and it’s impossible to track,” said Detective Larry Patterson of the Somerset, Ky., Police Department, where authorities have seen a huge spike in Tide theft. “It’s the item to steal.”

To paraphrase Mark Steyn, when laundry detergent becomes a de facto currency, you’re pretty much done for.

You feeling stimulated yet?

Hat tip: BadBlue.

Also see,

Related Articles

25

Barney Frank Discovers Fiscal Responsibility

Facing the prospect of a definitive rejection at the polls this November, Democrats are scrambling to change their spots. Barney

38

Obama Weekly Address: “Soon You’ll Be Able To Only Afford To Fill Up Every Two Weeks!”

He’s still beating the “alternative energy will help save you money sometime in the future” drum, though he’s not particularly

1

White House Official Censored and Fired for Airing Opinions Negative to the Administration

By: Terresa Monroe-Hamilton NoisyRoom.net First Amendment of the US Constitution: Congress shall make no law respecting an establishment of religion,