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.

Trending Today

Related Articles

15

GOP Congressman: “If We Were To Impeach The President Tomorrow, You Could Probably Get The Votes In The House Of Representatives To Do It.”

Texas Republican Rep. Blake Farenthol was answering a question at a Townhall about Obama’s birth certificate and quite surprisingly, made

2

Obama’s FDR-Like Bait and Switch

Remember when Barack Hussein Obama first became president and the left-wing Old Media universally indulged the claim that he was

3

Top Ten most Left-Biased American Journalists – #3: Paul Krugman, The New York Times

Number three on our list almost violates the criteria that I set up in the first piece I wrote for