Mad Money
Mad money. I didn’t know of it as such when I was growing up. Instead, my gramma would send me ten dollars in a letter she had written on drugstore tablet paper, adding in her letter a p.s. that read she was including some “pin money, hah hah.” I didn’t get the reference—to either the pin money or the “hah hah”, until years later. Pin money is akin to mad money in that it is set aside, kept in a side compartment of the wallet (or pinned inside the bra or slip at the bosom) in case of emergency. But pin money is also for things other than emergencies, too. Pin money is for what one dictionary includes as “contingencies” and another determines as “incidental expenses.” The phrase originated, I imagine, when housewives were responsible for the shopping at the general food and feed outlet but were not in charge of the money, and since they did everything else in the household—cooking, cleaning, sewing—from scratch and in the most frugal of ways, they likely had to ask for allowance for pins, even.
But my grandmother’s darling references to frugality and poverty aside for a moment, the new phrase, mad money, has taken on some wild meanings, evidently. Mad money originally referred to (as it seems it would). As far back as 1922, imagine, those young women going out on a date were given mad money, money they could rely on in case they got mad or their dates did, and they had to use the mad money, then, to get a taxi, streetcar, or bus? home.
Mad money, then, has numerous different and varied denotations and connotations, but as I understand it, does so especially now that we have such modern conveniences—or luxuries—as television and the internet. That is, Mad Money is now a show that is evidently quite engaging, quite unique, and quite popular. According to one online dictionary, which assigned one sentence to the original definition and some twenty or so pages to the show, Mad Money is an American television program hosted by Jim Cramer. The Mad Money show takes its most unique features from the host screaming, ranting, and throwing stuff on the set. (In one video clip, Cramer is throwing his chair down in adult tantrum fashion.) His Mad Money attitude is the offshoot of or the embodiment of his responses to financial circumstances…for James Cramer is an investment advisor, doling out expert advice to CNBC viewers who enjoy his many Mad Money segments: including such spots as “Pick of the Week;” “Danger Zone;” “Mad Magill;” “Cramer vs Cramer,” and many more regular segments that, evidently, feature host Cramer ranting, raging, and throwing some more.
I haven’t seen Mad Money yet, but will one day bother to look it up. In the meantime, I am satisfied that the definition, now taking on a neo-cultural meaning is being used…quite appropriately, as mad money is intended to be used.
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