General Motors Building a New V-8 Engine
When I was a small boy in 1965, my grandfather bought me some stock in General Motors at $32 per share. His purpose was to show me how wonderful capitalism is, by enabling me to see my money working for me, silently but powerfully.
GM closed today at $41.63, which means an annual appreciation of 0.45% over those 58 years.
I bring this up not to throw shade on my late grandfather’s prowess as an investor, but to bring into question GM’s competence in performing on its share-holders’ behalf.
I was reminded of this by their announcement that they will be spending $854 million in the development of yet one more V-8 engine, at a time when the entire world of transportation is turning electric.
The meme here comes from the Democratic Coalition.
The irony in the meme here that electric vehicles perform like rockets, especially compared to diesel engines.
This from Donald Trump:
What will that result in? More and better teachers, and more richly educated young people, stemming the tide of America’s increasing irrelevance in the global marketplace.
The meme here from a reader.
One thing I find impressive about congressional Republicans is that they don’t mind taking positions that are completely outrageous. 
What next? Once you let government take action in healthcare that prevents poor people from dying from treatable diseases, you’re well on your way to having a government that actually helps the common American.
… remains flat, hovering under 43%, almost 10% under his disapproval rating.
The money I made in my marketing services company had nothing to do with my father’s money, nor his connections. So, does that mean luck was not a factor?
