Dot-Com Boom Parody

During the dot-com boom of the late 1990s, there were enthusiastic investments in many questionable companies. The rising stock market, led by the dot-coms - often centered in California - led to massive capital gains tax receipts by the state govt. When the bubble burst and the receipts dried up, a major fiscal crisis arose, eventually leading to the recall of Governor Gray Davis and his replacement by Arnold Schwarzenegger. This clip is a radio parody of the dot-com boom - made while it was still going strong - by comedian and commentator Harry Shearer.

Category:

News & Politics

Tags:

• dot.com-boom
• California
• parody
• Shearer