Apple is worth over 2 Trillion dollars.
Exxon is worth 240 Billion....
Exxon occupied the most valuable spot in the Dow for several years. GE occupied the most valuable position in the Dow under Jack Welch for longer than Exxon.
The world economy is dynamic. Change occurs.
I speculate we will see battery powered sub-compact tractors for sale by 2026.
Age: 73
Exxon was founded in Cleveland as Standard Oil by some guy name Rockefeller.
Generous Electric, I wasn't aware that they were that big for that long. I would have thought generic motors displaced them for most years. Maybe pre WWII? That probably would have been Ford, no? Maybe before Ford. Whatev. But GE was big, we all know that.
I suppose that all monopolies try to steer the world in the direction that best suits them. I think it's why we tried to outlaw them some years ago.
In transportation, generic motors did it in the 50's and 60's and 70's and 80's. Before them, the Vanderbilts tried it with Railroads for at least a half century.
Now we have Big Tech trying to steer transportation through politics and skullduggery. Not that their progenitors were any better. Certainly not generic motors who suckled at the government teat for decades and steered legislation to benefit their preferred means of travel.
Had I been aware back then, I wouldn't have not liked what they did any more than I like what Big Tech is doing. I should have thought we've outgrown that kind of nonsense.
But, it seems, we have not.
The harm done to us by a self-serving Railroad cabal and the very self-serving auto industry led by gm will seem like child's play when Big Tech gets done with us. They're dangerous. Big Tech wants to control every single aspect of our lives and they've struck a Devil's Deal with Big Government. (What's it called again when Big Business and Big Goobermint form a coalition??)
The people that came before them were just greedy. These people are far more than that.
Big Business can be controlled. Not easily, but it can be controlled much easier and with much less effort than Big Government.
Big Government is simply evil. Virtually every bad thing that has happened in this world for the last 150 years was caused by Big Government. People don't start Wars, governments do. People just die in them.
Not only do I not trust Big Government, our Country was founded on a distrust of Government. ALL Government. The Bill of Rights does nothing other than limit the power of Big Government. The rest of the Constitution grants rights to The People.
So any time Big Government gets in bed with Big Business, I get nervous. And that's what I see going on these days.
I don't see this as partisan. I don't see it as political
