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Wasn't this term generated because the original carpetbaggers really did have big bags made from carpets? Or am I imagining that?--Bobbing for apples 15:22, 19 October 2007 (EDT)

I forgot that part. It was due to them being depicted that way in political cartoons of the time (because carpert bags were so cheap.) I'll update with that. (Stupid oversight on my part.) Researcher 15:27, 19 October 2007 (EDT)
Hey, don't beat yourself up man. :-) You do a hell of a lot of work.--Bobbing for apples 15:33, 19 October 2007 (EDT)
Thanks. Researcher 16:18, 19 October 2007 (EDT)