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 on the Web

Related Articles

11

Public Hearing: Protesting the NLRBs New Rules

On Sept. 18th and 19th in Washington DC, the National Labor Relations Board (NLRB) is having open meetings for public

0

Why Apathetic Youth Are the Deciders of Elections

“Not to vote, is to vote. Not to act, is to act.” We’ve been told since we were young that

2

What Nation Building at Home Really Means

President Obama’s synopsis of the recent speech he gave describing his Afghanistan troop withdrawal was, “America, it is time to