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

33

No Truth In Left’s Wisconsin Union Support or Its State Budget Surplus Story

First came the disgrace of supposedly intelligent teachers in Wisconsin sporting hundreds of signs calling Wisconsin Governor Scott Walker “Hitler”

21

Obama Continues to Shovel Our Money at ACORN

The Senator From ACORN is now the President From ACORN. Revelations that the outfit is so odious as to support

29

The Egypt crisis; or, the Community Activist and foreign policy

I was going to open this post with a snarky line about whether anybody with even marginal intelligence expected a