Snowballing
"…. so you can believe every single major American scientific society, or you can believe the Senator with the snowball"
Oklahoma Senator James Inhofe carried a snowball onto the Senate Floor to insinuate that climate change was not real, after which Rhode Island Senator Sheldon Whitehouse torched Inhofe’s argument. Steve Mirsky reports. ; ; ;
;
The South Sea BubbleÂ
"When Robert Harley steps in as England's new Chancellor of the Exchequer, he discovers that not only is the government deeply in debt, but no one knows quite how much debt it owes. Because vicious political infighting between the Tory and Whig politic parties made it difficult to pass new tax laws, Harley turned to a private financier named John Blunt to help find enough money for England to keep up with its expenses for the year. Using Harley's government resources, Blunt instigated a series of get-rich schemes that drove artificial demand for unsustainable land and lottery investments with tremendous short term gains. Before the year was done, Blunt had put money in his pocket as well as the governments, but successfully covered the shortfall for the government that year – albeit at the cost of driving England's already outrageous debt even higher."
Support us on Patreon! http://bit.ly/EHPatreon Watch more Extra History! http://bit.ly/ExtraHistory