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Quote of the Day - My occupation now, I suppose, is jail inmate. - Theodore Kaczynski

The $80.00 Retirement Plan

It's not a financial plan I would recommend, and I doubt anyone else would, either.  But it made sense to 63-year old Timothy J. Bowers.  He was a delivery man for a company that went out of business back in 2003, and could only find odd jobs after that.  He couldn't find a full-time job and felt employers discriminated against him due to his age.  He didn't have tremendously marketable skills, but he apparently had watched a lot of TV.

Here's what he did:  He robbed a bank.  While that part appears designed to get money to help make ends meet, the next part may not make any sense to you, but bear with me for a moment.  After the teller handed Mr. Bowers $80.00, he then turned around to the guard, and said, "It's your day to be a hero," and gave the guard the money.  Then he waited for police to arrive.

That's not how it's supposed to work you say?

Well, Mr. Bowers had a different plan.  His social security wasn't due to kick in until he was sixty-five, so he decided to plead guilty and then asked the judge for a three-year sentence.  Yep, a cot and three squares a day. 

According to the Associated Press, his lawyer was quoted as saying, "It's a pretty sad story when someone feels that's their only alternative."  The prosecutor couldn't agree more:  "It's not the financial plan I would choose, but it's a financial plan," replied the District Attorney.

Posted by J. Craig Williams on Saturday, October 14, 2006

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