Does the Punishment Fit the Crime? Boy Forced to Hold Sign for Public Punishment [VIDEO & POLL]

I like to think that I am the best parent who is NOT a parent. I always have an opinion on OPK's (Other Peoples Kids). However, I am not sure how I feel about this.

A 13-year-old South Carolina boy, stole $60.00 from his sister's wallet.  I am not sure how he was caught, but he was.  His father made up his punishment. What was the punishment?

Holding a sign by a busy road that read, "I Like to Steal and Lie and Disrespect Others".

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Like I said, I am not a parent.  What do you think?  Is this father on to something or do you think this was cruel?

Source:MSNBC