Emergency spending

What do you need in an emergency?

Martian Anthropologist has a post about Katrina victims spending money on sex toys

Spending federal disaster money on a .45 caliber pistol could be seen as an emergency expense. However, I am sure I could also find an argument (far fetched, but nevertheless) for spending the funds on a diamond ring... diamonds are a girls best friend, and a best friend is always handy in an emergency.