July 10, 2008 10:24AM

You Know It’s Bad When….

By Cheryl Casone

You know times are tough when grocery stores start putting security tags on frozen chickens to ward off thieves. Yep! Sainsbury’s in Britain starting putting the same tags you see on expensive bags and fur coats on chickens! It seems the credit crisis has hit Britain just like it has here in the United States.

According to the Daily Mail, the store had seen a rise in shoplifting of the chickens, both the cheap birds and the expensive organic kind.

So, when a chicken thief tries to leave the store, it’s alarm time! Security alert! (Oh, and make sure you take the tag off before you microwave the bird.)

With the dollar weak against the Euro, you would assume that the credit crisis has not reached across the pond, but we are finding through reports that indeed it has. Home values are in trouble, and the banking system, particularly in England, is shaky at best.

The British don’t have extra money to spend right now, and there has also been a movement towards more expensive free range chickens by animal rights groups.

What’s next? Cereal? Milk? Laugh now, but at the rate we’re going with commodity prices….

9 Responses to “You Know It’s Bad When….”

Comment by Justin

July 10th, 2008 at 11:44 am

All of the major world currencies are weak. We’ve got global inflation and none of these currencies are redeemable in real money (if we were using real money to purchase food, you wouldn’t see this inflation). Their “strength” is merely determined by where they float in regards to one another. But let’s start up the printing presses and bail Freddie and Fannie out. Backed by the full faith and credit of the United States = excuse for the government to spend recklessly, steal from American people, and somehow borrow our way to prosperity.
Comment by Harish Vembu

July 10th, 2008 at 4:26 pm

Laugh out Loud. I had been in UK and shopped there.

It can get worser even than this. Countries should provide more oppurtunities for employment and business should give more focus on charity. Easier said than done.

Cheers
Comment by james p. seligman

July 14th, 2008 at 10:42 am

thieves should be prosecuted to the fullest extent of the law no slap on the hand .
than people would learn there nothing is there for their taking .we have laws but do not prosecute . judges are to lenient on criminals . we do not need more prisons we need to enforce the death penalty too many apeals
Comment by Barry

July 15th, 2008 at 1:55 pm

Cheryl, you know it is bad when Walmart is the darling of retail !!
Comment by Dave Swiderski - Penn State University

July 17th, 2008 at 1:12 pm

I am having trouble trying to picture a Brit walking out of a grocery store with a frozen bird stuffed down their pants. That must be really cold to say the least! Needless to say, as world commodity prices continue to escalate, more and more people are going to be resorting to this level of crime out of desparation. Here in America where inflation is beginning to raise its ugly head and driving prices up sky high, it won’t be long until security tags start appearing at the major chains as well. Our Fed Chairman better wake up and start to get a handle on inflation.
Comment by steveo

July 19th, 2008 at 7:12 pm

Oil may be nice it would seam right now but if your sensitive in the mind of reason to why it fell in price this week Look at the news on Iran’s nuclear power plaint news and compeer it to the oil news in the past two years and there mite lie the answer Oil went down on the invite to talks on the sanctions surrounding plutonium world fer worries so as soon as the threat of the enrichening program and stopped with the start of inspectors from the UN permeated go back, Back in the Iran power plant to stay and inspect and start there job again , Think about the oil price going back up again ! probably back up with in a few weeks as it would be correct that oil has only gone down to sort out the nuclear equation first with out the presser of oil complaint getting in the way of resolutions.
Comment by steveo

July 19th, 2008 at 11:18 pm

But if there is a breakdown on talks with Iran trying to advance a nuclear program then I would say that price on oil will go down fast as a 10-12 tone bombs that are in wighting for to shack up the middle east’s idea’s once more ! for a shack up in to reality!.
Comment by steveo

July 19th, 2008 at 11:50 pm

as USA has not yet responded to the missile testing and it is a fact that the only impact on the eastern countries that do the most effect is the 10-12 tone bombs that creates a large tremor on the plans of there baron land And now the Iranians have closed of the talks it is clear now that the tailing reason of the Iran’s for the invite to talks was to stop the response by USA to the Iran’s missile tests ! So I know that the safest bet for all to get the Iranians back to talks very fast is this type of shock two or more high drops on the baron lands from where the Iran tested from and where they landed followed by a direct threat of where the next target would follow if in case of a response from Iran for if this does not happen Israel will hit there power plaint!.
Comment by John

July 20th, 2008 at 8:34 am

Does Bill Hemmer ever appear on FOX Business?

http://www.foxnews.com/story/0,2933,167527,00.html