Via my colleague TBogg, this is a sadly representative story of this moment in time.
Peter Barry Lawrence pointed a BB gun at a bank teller and was surprised at the amount of bravado that surged through him. He threatened to shoot anyone who followed him out.
“I felt like Clint Eastwood or Charles Bronson,” he said. “There was a sudden rush of adrenaline.”
Lawrence, 71, made his getaway in his wheelchair, with $2,000 in cash on his lap. He was headed back to his rented room at the nearby San Diego Downtown Lodge, but he took a meandering route down Seventh Avenue until the police caught up with him five minutes later.
And just like that, the rush was over. But that was all part of the plan.
The way Lawrence tells it, Monday’s robbery of a Chase Bank was just a desperate ploy to get back behind bars, where he believes he will receive better medical care than he has been able to obtain on his own.
“In my opinion, freedom isn’t any good if you can’t sustain yourself on the outside,” Lawrence said during a jailhouse interview Friday.
By the way, if Lawrence goes to jail in California, he actually won’t get any better care on the inside. California’s prison medical system is so notoriously bad it’s in the hands of a federal receiver, having needlessly allowed dozens if not hundreds to die on its watch, violating the Constitutional provision banning cruel and unusual punishment.
Nevertheless, it’s jarring that the federal government has to step in if prisoners aren’t getting the medical care they need, but not individuals.
Lawrence has diabetes, colon cancer, Parkinson’s disease, gout, heart disease and glaucoma, and must manage all that, along with his other expenses, on $949 a month in Social Security and other disability benefits. In fact, the financial meltdown and subsequent Great Recession is about to make this crisis for the elderly, caught without any retirement security, much more commonplace:
Aside from stagnant wages, soaring unemployment and plummeting home values, the major tragedy of this recession is the havoc it has wreaked on the retirement incomes of millions of Americans who have planned and saved their entire lives, only to watch that money drain out of their accounts much sooner than they anticipated.
Retirement statistics are grim. The percentage of American workers who said they have less than $10,000 in savings grew to 43 percent in 2010, according to a recent survey by the Employee Benefit Research Institute. Nearly a quarter of the workforce said they have postponed their planned retirement in the past year and a CareerBuilder.com survey reports that 61 percent of workers say they are now living paycheck to paycheck, as compared to 43 percent in 2007.
With rapidly dwindling savings and fewer opportunities for jobs than their younger counterparts, many older Americans are facing a very uncertain economic future.
“This is the undiscussed explosive bomb in all this, is all the pension benefits, all the 401(k) money that’s been drained out by workers trying to stay afloat until they find a job,” Rep. Jim McDermott (D-Wash.) told HuffPost. “There are a lot of people who, when this is over, are going to have nothing. They will have lost their house, they will have used all their pension money.”
Lawrence, in particular, hasn’t worked in 14 years because of his physical infirmities. The class of workers aged 55-64 who were pushed out of their jobs in the recession and have almost no hope of getting a new one are basically having a disability imposed on them, and the impact on retirement is grave. Add in the fact that the elderly are at the front lines of the foreclosure crisis, because so many of them have major equity in their homes, and so many homeowners are massively underwater, and you have the makings of a generational disaster.
It’s in this context that members of the cat food commission are talking about raising the retirement age.




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The retirement age will be raised. It is inevitable. The voting bloc that it will affect, 20 years out, is not powerful enough to stop it. As well, it’s a global trend.
European socialism is on the run for the first time I can remember and I’m over 60.
The money that fuels the ambitions of the politicians who control us is running out. That is why they are willing to threaten programs once considered untouchable. It also reflects an arrogance that we will swallow whatever spiel is funneled our way by the media of the moment.
We abdicated our responsibility by failing to question authority. We are paying for it now.
“Believe only half of what you see and none of what you hear.”
There is a way back.
Wow, I saw this on film.
Do you remember the 1979 Martin Brest film, “Going in Style” that starred George Burns, Art Carney and Lee Strasburg as three senior citizens who did exactly what Peter Barry Lawrence has really done? Wow.
California, leading the nation in crime-deterrents: hobble the prisons until they become, well, like public schools.
That’ll show’em.
Jokes aside, this is very sad.
http://www.forbes.com/2002/09/12/bestprisonslide.html?thisSpeed=30000
A quick google search would have showed him a better plan would have been to commit a non violent crime, he could have landed in one of these places. If he had only started a ponzi scheme.
David, thanks for relaying the story from TBogg and such . .
What a mind boggling story of this man and his problems.
Sadly, even without HIS medical issues, 55+ boomers in HUGE amounts are just beginning to face his issues.
For the same reasons. No savings (wiped out if there are any), no jobs, no future but homelessness.
We 55+ boomers are all Peter Barry Lawrence. Or soon to be.
Dawg help us all.
Ouch!
This is the most important point to take from this sad story, and could very well be the epitaph for capitalism. It’s funny how working class people living on the trash heap of society, where they work long hours for low wages, can cut through all of the bullshit and go straight to the bottom line in a way that wealthy cretins like Obama can never hope to do.
I’m not buying this guy’s story. He robbed a bank with a gun. His second bank robbery, with another failed attempt. He has a lot of medical problems, but he has access to free medical care, and free transportation to get that care if he just applies for it. I live on not much more than he does, I don’t qualify for free medical care in my state, and I would never think of committing armed robbery.
He has given up. He is dying. Instead of resorting to pride in your ‘morals’ please say a prayer for his re-moralization and for the return of his wish to keep living. He is dying:
Lawrence has diabetes, colon cancer, Parkinson’s disease, gout, heart disease and glaucoma, and must manage all that, along with his other expenses, on $949 a month in Social Security and other disability benefits.
To what extent are the Boomers as a political/economic bloc responsible for these messes? Is there no value whatsoever in their experiencing the consequences of their actions as a bloc?
The Boomers are a bloc? Some of those Boomers you speak of are the same Americans who challenged Jim Crow and pushed open doors of civil liberty to millions of Americans. There have not been many decades for them to enjoy and accrue the benefits of that sacrifice.
No, this is not a generational thing. This is a class issue.
Please tell me why the Repugnance against “entitlements” does not include the entitlements of double-dipping wealthy people, including politicians? (For example how many operations and hearts does a certain someone get when others can’t get one at all? Especially when it is clear a heart could not bond anyway? )
Money talks my friends. Thank god, money talks.