Anonymous ID: b79abf July 15, 2025, 3:38 a.m. No.23328630   🗄️.is 🔗kun   >>8894 >>9077

>>23328352

https://en.wikipedia.org/wiki/Cr%C3%A9dit_Mobilier_scandal

1860s how we got a railroad system. Crooks stiffed the government. Each time, as then, when we have a libertarian government, criminals jump out of the woodwork.

 

A new company, Crédit Mobilier of America, was created by Union Pacific executives to actually build the line, but at inflated construction costs. Though the railroad cost only $50 million to build, Crédit Mobilier billed $94 million and Union Pacific executives pocketed the excess $44 million. Part of the excess cash and $9 million in discounted stock was then used to bribe several Washington politicians for laws, funding, and regulatory rulings favorable to the Union Pacific.