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.

Related Articles

10

ICE agents warn Americans “to brace themselves for what’s coming” as catch-and-release of illegals — caught committing other crimes — begins

You may have read that President Obama is now quietly offering a quasi-amnesty for illegal immigrants in a cynical attempt

52

Defunding Obama’s Union Led Regulatory Army

You might recall that with great fanfare and the slobberingly positive coverage by the Old Media, President Obama made Reagan-like

15

Foolish Naivete: Sen. Coburn ‘Believes’ Obama Will Become Entitlement Reformer in 2nd Term

Republican Senator Tom Coburn has just completed his transformation into a laughing stock. In an interview with the Washington Post’s