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Bernanke Understudy Promises Ohio Shoppers Free Coats

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10/15/09 Stockholm, Sweden – It’s just like the old “man walks into a bar” joke, but with a handcuffed ending and eerie parallels to the current economy…

Ohio woman Linda Brown walks into a Burlington Coat Factory.

She announces that she’s won the lottery. And that she’ll spot each shopper $500 toward their purchases today.

It works at first. Early shoppers are happy. One shopper even negotiates a $500 rent check instead of the shopping tab.

But, alas, the woman’s credit card quickly reaches its limit and is declined.

Turns out that she hasn’t hit the lottery at all. She’s created the money out of thin air… its only real in her own imagination.

The store tells the woman that they won’t accept her debt anymore.

She quietly slips out of the store.

Shoppers riot when they realize the woman’s disappeared and that they won’t be receiving all the free stuff they were promised.

So, we ask you dear reader: An isolated incident of a crazy woman off her meds? A disguised political figure doing her best to juice retail sales? A sign of things to come for the US?

We’ll leave this one up to you to decide.

Either way, it’s the oddest proof we’ve ever seen that there’s no free lunch, or coat for that matter. The full story on the woman offering to pay everyone’s tab is available from The Columbus Dispatch.

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Rocky Vega

Rocky Vega is a regular contributor to The Daily Reckoning. Previously, he was founding publisher of UrbanTurf and RFID Update, which he operated from Brazil, Chile, and Puerto Rico, and associate publisher of FierceFinance. He specialized in direct marketing at MBI, facilitated MIT Sloan School of Management programs, and has been featured on CBS. Vega graduated with honors from Harvard University, where he was on the board of Let’s Go Publications and directed business programs involving McKinsey, Goldman Sachs, and Harvard Business School faculty. He is also enrolled at the Stockholm School of Economics.

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