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I pay my own bar tabs. My parents pay the fraternity bill though, so I think I come out ahead on that one.
And Jon, I see the difference between houses that are buying drugs with the money, but other than that, no. I imagine our treasurer probably spends between $1,000 and $2,000 for personal stuff on the house card. We don't care as long as they don't spend a ridiculous amount. Treasurer is a horrible and hard job to have to do and if that perk motivates someone to do it, so be it. The only difference is in how we react compared to how the sororities in the OP reacted.
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