Tuesday, August 13, 2013

Bank Robberies: 2003-2011

We just had a bank robbery at a nearby bank this afternoon. The mope who did it is pictured at the left.

You would be wrong if you thought bank robberies are up because of the Obama depression. They are broadly down since 2003, almost 33%.








YEAR//BANK ROBBERIES

2003//7465
2004//7556
2005//6748
2006//6985
2007//5933
2008//6700
2009//5943
2010//5546
2011//5014

OK, there was a big spike up in 2008, but still nowhere near the 7556 in 2004.

It's kind of counter-intuitive. People rob banks 'cause that's where the money is. People had more money before the Obama depression. But after all the bank failures there were fewer banks and less money around, right? The FDIC had to come up with $88 billion to bail out all the failures. Anyway, it's still profitable to rob banks. Bank robbers get away with tens of millions every year, even now. That's why they do it.

(Data is from the FBI, here)