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

1

Obama’s Political Action Group Loses Complaint Against Website Address Owner

FacebookTwitterEmail Last year, President Obama’s re-election campaign reworked its operations renaming it Organizing for Action in an effort to leverage

0

Obama’s Stimulus for Unions

FacebookTwitterEmail Stimulating the economy isn’t nearly as important to President Obama as putting federal dollars into the pockets of his

26

Rudy Giuliani: Obama Doesn’t Love America AND He’s Heavily Influenced By Communists

FacebookTwitterEmail Former New York Mayor Rudy Giuliani is doubling down on his criticism of Barack Obama. Not only is Obama

Share This

Share this post with your friends!