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

0

Romney-Obama: Two Speeches, Two Views

Despite recognition by virtually everyone but the Oval Office that the White House trumpeted anti-Islamist video trailer has next to

6

The Lies The SEIU Tells Its Members

This week the SEIU sent out an email to its members hoping to drum up some hate against the fast

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