March 03, 2010 at 06:29 PM EST

The Colbert Report

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In Season

On last night’s Colbert Report, Stephen declared “the next economic bubble.” Yep, the “social payment network” fronted by a solemnly swearing duck who would surely be crushed to death by the friendly Twitter bird, is real. Kids, who can apparently only understand wowds whewe the ‘r’s are weplaced by ‘w’s, can play games like Foo Pets on credit, and parents, you should probably look into this because the next thing they’re going to “chawge” is a $400 virtual doghouse.

Had you heard of Kwedit before? I live in my own economic bubble overlorded by the Chase Bank Chimichanga, who hates me so much I wouldn’t want to upset him or her (unclear) with weird play-crap like this. If I had internet access and Kwedit when I was a kid, though, I’d have gotten into so much trouble. But not by Kweditng pet games or anything remotely interactive — I’d probably do something more loserish like Kwedit a bunch of Mr. Sketch Scented Watercolor Markers so that I could have backup packs if the turquoise/mango (?!) kind ran out. You know, just in case.

Annie on Twitter: @EWAnnieBarrett

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