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I have two.
The first is from the late 1970s. There was a persistent rumor that gasoline tanker trucks were seen out in the deserts east of LA, dumping gasoline on the ground. The theory was that so doing created an artificial gasoline shortage, leading to windfall Big Oil profits.
The second was that GM bought up the LA mass-transit system (trolleys) in the late 1930s in an effort to create a marketplace for its cars.
I suppose the JFK assassination conspiracies qualify as an urban legend, but that general subject is worth a separate treatise all on its own.
Next time I see Shaniac, I'm going to get in his grill and accuse him of being a babykiller.
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Ummm, the
streetcar thing actually happened and even went to the Supreme Court. GM, Firestone, and 2 oil companies were found guilty of violating the Sherman Antitrust Act, but only fined nominal amounts.