[TheConservativeBanker]

Additionally, from John Adams to Henry Clay to Abraham Lincoln the primary advocates for crony capitalism were politicians and business people in the Northern states. All were advocates of “public improvements” projects (federal subsidies which were arguably unconstitutional) funded largely by taxes collected from the Southern states. My ratio’s may be off a bit, but prior to the Civil War approximately 75% of federal taxes were collected from Southern states while approximately 75% of federal spending was in Northern states. This arrangement allowed Northern crony capitalists to profit from slavery, while permitting a plausible deniability of guilt attached to slavery.

[notdownwidems]

My ratio’s may be off a bit, but prior to the Civil War approximately 75% of federal taxes were collected from Southern states while approximately 75% of federal spending was in Northern states. This arrangement allowed Northern crony capitalists to profit from slavery, while permitting a plausible deniability of guilt attached to slavery.

Do you have a link or any documentation for this game-changing (if true) fact?

[SkyPilot]

Excellent points.