Manhole Covers Worth Weight in Iron

It’s certainly an interesting period in which we live, where gas prices are nearing the $5.00 mark, the housing market is the worst its been in thirty years, foreclosures are soaring, and people are stealing…manhole covers.

Five states (California, Michigan, Pennsylvania, Massachusetts and Georgia) are experiencing triple-digit losses of their 200lb covers as metal prices continue to rise.

“It’s a sign of the times,” says Sgt. Jay Baker of the Cherokee County Sheriff’s Office in Georgia, where 28 manhole covers disappeared in April and May. “When the economy gets bad, people start stealing iron.”

Thieves can rake in anywhere between $10-15 per cover, and once removed, they don’t cover their tracks — or the gaping hole they’ve left behind.

Two words here: “Ten Points”.

[Via USA TODAY]

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