November 27, 2007

Attention K-Mart Shopp -- AAAAAAAAAAAAA!

OH BOY! OUR FIRST GOOD Christmas-season shopping fight! This story comes from the Milwaukee suburb of Wauwatosa, in which angry shoppers got into a fist-fight over a credit card promotion deal. This soon turned into a giant brawl after several men intervened in the initial fight between two women. Among the injured was a poor store employee, who got smacked in the face and went flying through a glass display case. The man suffered a broken nose and the lacerations one would expect from flying through a glass display case.

Now the fun part of the story, as I see it, is that it shows the suburb of Wauwatosa, Wisc., has a lot of stupid people or attracts them like a flame attracts moths. Apparently, the fight started after a rush on credit-card applications, as a computer glitch approved everyone applying for the card -- even if they shouldn't have qualified. This somehow turned into the idea that K-Mart was giving away free money, as WISN-TV reports:

Nearly a dozen Wauwatosa squad cars responded to the call just before 11 a.m. Saturday for what was called a large fight in progress.

"It was a nice brawl. It came from inside to outside. If you go up there, you'll see hair, earrings, all pulled out on the ground," Wilson said.

What started as a fight between two women in the crowded store evolved when several men intervened.

A store employee got punched in the nose and crashed through a glass display case. He was treated for a broken nose and various cuts.

Two suspects, a 22-year-old man and a 16-year-old boy, were arrested, accused of battery.

Meantime, Kmart is still trying to clear up the credit card mess.

Two employees confirmed for police that anyone who applied was being given instant credit -- from $850 up to $4,000. They also told police that people started calling other people to the store for so-called free money. The store ran out of credit applications.

Really, now. What kind of moron equates a credit card offering with free money? While the K-Mart folks were giving away $10 to anyone who applied for the card, it seems clear from the story that the "free money" designation referred to the credit offering. If that's the case, this level of financial illiteracy is shocking. However, I am glad to see that at least one enterprising soul cleverly figured out a way to profit from the situation -- and it wasn't the folks at K-Mart:

One witness told police someone went to another Kmart, got some applications there and was selling them in the Wauwatosa Kmart parking lot for $20 apiece.

Kmart would not comment on how many people got the credit cards who shouldn't have or how much merchandise they were able to buy with them.

Now that's clever -- selling credit applications for $20 each! I hope this smart individual -- who was clearly the most intelligent of the entire bunch at the Wauwatosa K-Mart -- took him- or herself out to a very nice steak dinner afterwards. Let's just hope the credit-card companies don't figure this one out, or we could see yet another fee show up on our bills.

Posted by Benjamin Kepple at November 27, 2007 06:21 PM | TrackBack
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