Will the Poor Economy Make Your Grandmother Rob Banks?

Some people believe there is no correlation between a bad economy and rising crime rates. Others argue that desperate times create desperate people, causing an increase in property and drug crimes. The evidence does not clearly support either position.

Whatever relationship might exist between crime and a tanking economy, it's tempting to conclude (as did "Good Morning America") that the Grandma Bandit -- a woman of about 60 who has robbed four banks in Southern California since last year -- is likely "behind on [her] bills and desperate for the money." Or maybe she's just fed up with ATM service charges and rude tellers.

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    Whatever the reason... (5.00 / 1) (#2)
    by kdog on Tue Mar 31, 2009 at 08:00:27 AM EST
    I'm rootin' for ya Granny!  Give 'em hell.

    America has had a long love affair with the bankrobber...scorn of the establishment, hero to the poor and disenfranchised.  Americans generally respect somebody who doesn't take it lying down....and say what you will about a bankrobber, but they ain't taking it lying down, they're fighting fire with fire.

    Can't wait to see "Public Enemies", the new flick coming out about the crime wave of the 30's, with Johnny Depp as John Dillinger.  Like I said, it's a love affair...who is gonna watch that movie and root for Hoover and the law?  Next to nobody.

    Willie Sutton revisited (5.00 / 1) (#3)
    by ricosuave on Tue Mar 31, 2009 at 08:36:26 AM EST
    Willie Sutton said he robbed banks "Because that's where the money is."  That ain't where the money is now.  Granny needs to pick a more modern target.  Perhaps Blackwater?  Former AIG executives?

    Bonnie and Clyde ? (5.00 / 1) (#4)
    by joze46 on Tue Mar 31, 2009 at 08:54:16 AM EST
    Grammas', grandpa's, uncle's, cousins, in laws, friends or whole groups domestic or foreign especially secret will likely rob the banks? Heck they have been doing this for about a century where have you been.

    Come on, our system, built upon the banking system developed way back in 1913 on Jekyll Island by "THE RICH' have been in motion for the last century robbing the middle and lower class via the American economic system and its leadership, through the treasury, the Federal Reserve, the World Bank, the International Monetary Fund, and a huge host of little reported quasi government institutions, Freddie Mac, Sally May, Jennie Mae, HUD...  This all makes me laugh yet it isn't funny especially when one understands the American system explicitly the president selects the heads to lead these groups, as was Bush the decider, all now blamed on Obama and not reported by our insane media fairly because we the people now understand with this transparency on the Internet.  

    Domestic and International media have brought everyone to this point. There is and has been deliberate opacity in delivering the news which is not telling the truth on its surface. It is because of a political power struggle the rich are behind all of it. Its obvious big money people are in deliberate disarray and confusion with any association with Bush and Company for the past eight years. Leading to double cross money deals becuase of War crimes and profiteering are bulging out all over the system and the media especially FOX, CNN, and MSNBC are complicit in total denial of it all while being embedded in it.

    Please ladies and gentlemen of America this notion of unintended consequences has stayed the course or we should say has run its course. From my view most of the quality control in these financial dealings had "FIXED THE DATA" here most institutions especially the government issues loads of information on statistics. Heaven knows the pile junk the Bush system generated that needs to be untangled. Regulation should have good quality control other wise we would not need over sight. That simple.

    To cut through a lot of technical jargon standard deviation shows the "ERROR" involved. This error one could think as the consequence percentage. Now Wall Street saying no one saw this coming? The pirates of Jekyll Island, the Federal Reserve, they,  did too know,  and do what they do best profiteer to "buy out or off" who ever they need to keep the system going. The perfect Ponzi scheme, Government run and paid for by the electorate. As I said before the Federal Reserve System is essentially wrong, secret, and unconstitutional it should be opened up to see what it really is. A quasi government organization that is politically biased domestically and internationally owned by the unknown rich people all while kept secret, worse a law where the electorate can not audit the books and look at the paper trail? This has prevented a free market for almost a century.

    Another funny while I write is the notion reports of wide spread identity theft are going on. Sheesh the people who control all my tax money, the Federal Reserve,  are unknown and perhaps foreigners where I can not find out who they are, than all the while my identity could be lost any time now. Laughable yet total anger is festering all over.  

    Mine will (5.00 / 1) (#7)
    by jbindc on Tue Mar 31, 2009 at 11:10:37 AM EST
    She turns 90 in July, and while in good health, is going to have to rob banks, or at least try and get a job (in Michigan - where the unemployment rate is now 12%, no less) because she lives on my grandfather's GM pension.  Since that's just considered an "old liability: by the administration, I guess robbing banks is her only option.


    Intereting question (4.50 / 2) (#1)
    by Bemused on Tue Mar 31, 2009 at 07:13:31 AM EST
      I have little doubt that some number of people commit crime for profit because of financial need.

      I know that many people have unmet financial needs (or at least very strong wants) even when the general  economy is strong.

     I know some people would nver steal regardless of their needs or wants.

     I know some people will steal even when they don't need to and some even will steal things they don't particularly want and cannot readily convert to something they do want.

      I know a huge number of crimes either have no profit component or the profit is taken in the form of a portion of the  drugs and this type of profit while perhaps partially related to  ability to pay is also largely related to ability to obtain.

      Taken altogether, I think there is a small sub-group of people who both have flexible scruples about stealing and are taken across their personal threshhold for stealing when the economy worsens.

      I'd hazard a guess that sub-group is much smaller than either those who would steal regardless or those who would never steal.

      I'd suspect that it's also considerably smaller than those who who would steal when they need but who are in personal need even when the general economy is stronger.