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News Link • Economy - Economics USA

...Why Is An Epidemic Of Thievery Sweeping America?

• By Michael Snyder
 Desperate people do desperate things, and it appears that Americans are rapidly becoming a lot more desperate.  An epidemic of thievery is sweeping across America, and authorities are not quite sure what to make of it.  Down in Texas, cattle thieves can get up to $1,500 per head of cattle, and cattle rustling was up nearly 40 percent last year.  As you will read about below, cargo hijacking is becoming much more sophisticated, and it is being estimated that losses from cargo thefts will total about $216 million this year alone.  And for some reason, Tide laundry detergent has become a very hot commodity among common criminals all across America.  In fact, it is being reported that some grocery stores are "losing $10,000 to $15,000 a month" as a result of Tide thefts.  So why is all of this happening? 

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