Huey Long sparked oil tax war #hueylong #bloodymonday #oiltax

Añadido: 2026-05-28

[00:00:00]When Huie Long first tried taxing Standard Oil, the political system nearly tore itself apart. In 1929, he proposed a tax targeting refined oil in Louisiana, directly threatening Standard Oil's biggest refinery in the state.

[00:00:11]Soon after, impeachment efforts exploded into what became known as Bloody Monday.

[00:00:15]Screaming matches, physical fights, lawmakers throwing objects, even accusations of manipulated votes inside the chamber. But Long survived politically and kept pushing forward.

[00:00:23]Using taxes from the oil industry, he massively expanded roads, schools, literacy programs, and public infrastructure across Louisiana while keeping government costs relatively low.

[00:00:32]Whether people saw him as dangerous or visionary, he proved how much power comes from controlling critical resources. And honestly, that same fight never ended. Today, it's happening around oil, AI chips, electricity, and crypto networks instead. Follow for more content on crypto, global power, and the economic battles most people don't fully see