Metal Theft: Welcome to the third world, America

When I saw the headline to this story my first thought was, “I bet they had copper in them.”

Sure enough, they are made of brass which has a high copper content.

Anyone that has tried to run a phone line in Mexico knows the ultimate futility of leaving high value metals lying around unsecured. As inflation drives the relative costs of metals higher we will see more of this.

Brought to you by the Federal Reserve and The Bernank.

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6 Responses to Metal Theft: Welcome to the third world, America

  1. Robert says:

    It’s happened several times here in the Charlotte, NC area. Also stolen are A/C units from unattended houses; they are full of copper piping. They’ll even steal the wire out of street lights.

  2. “I HATE THE BERNAK”

    What does that mean?

  3. joe says:

    Packetman: I believe he’s referring to Ben “quantitative easing” Bernanke, our current “leader” of the “Federal” “Reserve”.

  4. Tam says:

    Copper pipe goes missing from abandoned houses and houses under construction… or it did back when there were still houses under construction.

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