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

Rand Paul to Sue Obama Over NSA Spying

FacebookTwitterEmail Tea Party favorite and libertarian-minded Senator Rand Paul (R, KY) is suing Barack Obama over his misuse of the

4

Ask Not What Obama Can Do for You in His Campaign…

FacebookTwitterEmail With some degree of certainty, the Obama campaign may adopt this title as a slogan and begin printing t-shirts

0

Media Spinning Against New AZ Law for All It’s Worth

FacebookTwitterEmail The media has been trying its hardest to spin this Arizona immigration law to its agenda for all its

Share This

Share this post with your friends!