Stanton Cichon 's blog ::...And what have those other cities done National City, El Cajon, La Mesa and the state of Arizona have raised their sales taxes in response...
The following was written after the tech stock bubble burst of 2000-2001 and before the mortgage-backed securities crisis of 2008. The head lemming picked up speed as he neared the cliff. Looking at his fellow front runners he smiled broadly and yelled out, "On my signal jump onto the ledge under the cliff. Grab a handhold and hang on for dear life!" "Yes, sir!" came the reply. As they approached the cliff, the head lemming glanced back at millions of charging lemmings. "Ready?" "Yes!" "Now!" With a synchronized acrobatic move, the front-runners jumped over the brim, turned in mid-air and grabbed the awaiting handholds, landing their feet safely on the ledge. The lemmings that followed saw the front runners do this but were taken too much by surprise to replicate the maneuver. And even if they could have made it to the ledge, all of the handholds were now taken. It was over in 35 minutes. Millions of lemmings lie dead on the canyon floor. Crawling back onto the mesa, the head lemming smiled in satisfaction. "That was a good one," he said, "one of our best." "Yeah," agreed his companions, busy dusting off. "What next?" The head lemming pulled a chart out of his pocket. "Large cap growth has been down a long time," he observed, "Let's juice it up." Post Script: August 11, 2011: Who are the lead lemmings the past two weeks? |
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