The Credit Mobilier scandal of 1872 – a good reason to hold big business’ s and elected government’s collective feet to the fire on a regular basis.
“Crédit Mobilier of America was formed by George Francis Train, the vice-president in charge of publicity for the Union Pacific Railroad. Crédit Mobilier of America was designed to limit the liability of stockholders and maximize profits from construction with the hefty fees being paid by federal subsidies. The company also gave cheap shares of stock to members of Congress who agreed to support additional funding . . .
“It was claimed that the $72 million in contracts had been given to Crédit Mobilier for building a rail only worth $53 million. Union Pacific and other investors were left nearly bankrupt.”
Okay folks, and that was 57 years before the 1929 crash. Dubya, let’s go over the success of the “No Child Left Behind Act” again, shall we?
Larry Craig should stand up and take credit for coming up with the perfect solution for cheap office space for constituent service offcies across congressional districts – public restrooms!
From the Minneapolis-St. Paul Star-Tribune . . .
“U.S. Sen. Larry Craig, an Idaho Republican, pleaded guilty to disorderly conduct in Minnesota this month after being arrested by a plainclothes police officer investigating complaints of lewd conduct in a men’s restroom at the Minneapolis-St. Paul International Airport . . . .Craig was arrested at the airport on June 11, according to Roll Call, a Capitol Hill newspaper. According to police reports, Craig kept watching the undercover police officer through a crack in the bathroom stall, Roll Call reported. Craig then entered the next-door stall and placed his luggage against the opening under the stall door.
“My experience has shown that individuals engaging in lewd conduct use their bags to block the view from the front of their stall,” said the officer, Sgt. Dave Karsnia.
Hey, with my mp3 of the Ventures’ Hawaii Five-O theme and this, I damn well may move to the H.I. . . . .
Burger King ignites Spam war with rival
By JAYMES SONG, Associated Press Writer
Mon Jun 11, 2:46 AM ET
For many Americans, spam is a four-letter word for unwanted e-mail. In Hawaii, Spam is a beloved comfort food, with cans of the gelatinous pork bricks found in virtually every cupboard.
Hoping to cash in on Hawaii’s love affair with the pinkish meat product, Burger King Corp. last month began offering Spam for breakfast — going head-to-head with rival McDonald’s Corp., which has been featuring Spam in the islands for years.
Burger King is offering the Spam Platter — two slices of Spam nestled between white rice and scrambled eggs. The fast-food giant also offers the Croissanwich or Biscuit Sandwich with Spam.
more . . . .