2022-01-26

Like 2008 All Over Again: Catalytic Converter Thefts Soaring

Imagine if the Federal Reserve hadn't raised rates after the dotcom bear market completed. They left rates unchanged until 2008. Then you have some concept of how much trouble they are in. When I say they are trapped, I'm not talking about policy. They can do whatever they want. I'm talking about results. They do not have good options for policy results.

National Insurance Crime Bureau: Catalytic Converter Theft Skyrocketing Nationwide

Denver Post: Catalytic converter theft crackdown: Colorado lawmakers aim to slow surge, provide relief to victims

Seattle Times: WA lawmakers consider bills to crack down on theft of catalytic converters

KGW 8: As catalytic converter thefts rise 3,800% in Washington state, lawmakers look for solutions

Twin Cities Pioneer Press: St. Paul strengthens ordinance against catalytic converter thefts, calls upon state to do the same

KMIZ 17 (Missouri): Catalytic converters stolen from Fulton-based non-profit

KATU 2: Bill cracking down on catalytic converter thefts goes into effect in Oregon

WTAJ Altoona: Two busted after failing to cut catalytic converter from BMW in Huntingdon County

Baizuo government is letting criminals run wild and inflation is providing new theft targets. I think a junkyard might have been robbed in my rural hometown around 2008, but now there are reports of theives going all over the area stealing catalytic converters. The Democrats are the party of criminals and inflation. Republicans are not much better, but at least they put thieves in prison.

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