Thursday, April 9, 2009

People getting desperate in a time of need?



In Wilmette on Saturday, two people robbed Fifth Third Bank on Green Bay Road. The robbers tied up two employees at closing using zip ties as hand cuffs. Dressed in black, ski masks, and sunglasses, the two men were able to escape with money and without harming either of the bank tellers. The police did not arrive in time, and are still on the lookout for the two men (Wilmette Life Article). This robbery led me to wonder if bank robberies have increased since the economic downturn. No surprise, it turns out they have. People have become desperate for any source of income, and have turned to stealing to get some extra cash. According to this article, bank robberies are up 54 percent in New York City in the last year. Experts say there is a direct correlation between recessions and the rise in bank robberies. During the Great Depression, Willie Sutton was notoriously known for robbing banks banks. When asked once why he did it, Sutton responded, "That's where the money is." Some people are looking for any way to get money, and to them banks seem the most logically answer. As for today's economy, one New York resident voices his opinion toward the increase in bank robberies in NYC, "Right now with the economy, people losing jobs, all these corporations downsizing, people are looking to feed their families, they're looking for some kind of support and they're going to do what they're going to do." However, at what point does one become so desperate that they will cross the ethical and legal line and rob a bank to get money for their family? What does this says about the current state of our nation?

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