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May 04, 2008

Pawn Shop Blues

Philly Enquirer:

"I worked hard for this watch. I'm middle-class, not poor. I can't believe I have to do this to buy gas." Pawn shop customer.

"People are cleaning out their houses of gold, silver, whatever, to get money just to fill their cars with gas," said Nat Leonard, 51, whose grandfather opened Society Hill (a pawn shop) in 1929. "People are pawning out like crazy."

"I've got business owners coming in to pawn things just to make their payrolls," Leonard said, incredulous. "I've never seen that before."

We never saw so many people in here 30 and younger"

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