Dear Fellow Stockholders
I just wanted to share this update on "our" company (GM). Seriously, have our politicians done such a good job with our nation’s financial management that we want them managing everything from manufacturing to medicine? The truth is that the free market is organic in its action. Like a living organism the life death cycle is a health maintaining dynamic. Old companies die, and young, vibrant, competitive businesses buy their assets on sale and make the assets productive again. Corruption, incompetence, and lethargy get punished in a free market but not when the politically well-connected are all deemed too big to fail and are bailed out by politicians.
General Motors Stock At 2012 Low, Lifting Loss Taxpayer Losses To Nearly $35 Billion by Andrew Malcolm – Investors.com:: news.investors.com/article/616849/201207030826/gm-…l.htm