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Obama: Caterpillar will rehire if stimulus passes
breitbart.com ^ | 2/11/09

Posted on 02/11/2009 8:46:53 AM PST by Sammy67

WASHINGTON (AP) - President Barack Obama says Caterpillar's chief executive has told him the company will rehire some laid-off workers if the stimulus bill passes. The heavy equipment maker announced more than 22,000 job cuts last month as it scales back production amid the economic slowdown.

During a visit to a transportation construction site just outside Washington in Springfield, Va., on Wednesday, Obama urged Congress to pass the bill.

The House and Senate are

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: americans; bailout; banks; barackobama; blackmail; bo; business; cat; caterpillar; ceo; citizens; communist; con; congress; corruption; criminals; democrats; dnc; economics; economy; election; employment; federal; finance; fraud; freedom; government; hoax; hussein; impeach; jimowens; jobs; liberty; money; news; obama; politics; pork; porkulas; president; robbery; senate; socialism; spendingspree; stimulasbill; taxes; taxpayers; unitedstates; usgovernment; usurper; wallstreet; washingtondc; whitehouse
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1 posted on 02/11/2009 8:46:53 AM PST by Sammy67
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To: Sammy67

List of Vulnerable Democrats on Porkulus

http://www.freerepublic.com/focus/f-news/2183247/posts


2 posted on 02/11/2009 8:47:52 AM PST by AliVeritas (They serve Moloch/Ba'al. Prepare for punishment. Gird your loins, pray, pray, pray.)
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To: Sammy67
BS!

All 22,000?

3 posted on 02/11/2009 8:47:57 AM PST by Lurking in Kansas (Never argue with an idiot. They drag you down their level, then beat you with experience.)
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To: Sammy67

Ironically, it will only rehire two laid off accountants to help distribute bail out money to different divisions within the company..


4 posted on 02/11/2009 8:48:15 AM PST by mnehring
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To: Lurking in Kansas

They said ‘some’.. translated- two accountants.


5 posted on 02/11/2009 8:48:35 AM PST by mnehring
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To: Sammy67

Either Obama is lying, or Catepillar’s CEO is lying.

One of the two.


6 posted on 02/11/2009 8:48:43 AM PST by Badeye (There are no 'great moments' in Moderate Political History. Only losses.)
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To: Sammy67
Photobucket
7 posted on 02/11/2009 8:48:54 AM PST by TexasBeth
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To: Sammy67

Hells bells. Headlined on Drudge with a siren, no less.

Of course Caterpillar will rehire. They’ll need more heavy machinery for all the public works projects. Or, at least, sales won’t drop quite as much as they would without those projects.

So, we take money from thousands of small businesses and millions of working families, and give it to Caterpillar. Big deal.


8 posted on 02/11/2009 8:49:00 AM PST by Cicero (Marcus Tullius)
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To: Sammy67

Hah, hah!

Hussein is looking for any silver lining he can find...


9 posted on 02/11/2009 8:49:40 AM PST by Beaten Valve
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To: Lurking in Kansas

The Cat CEO, Jim Owens, said earlier that the stimulus package would add about 3% to annual construction budget in the US and wouldn’t amount to many new machines.
They will only rehire if the get more ORDERS.


10 posted on 02/11/2009 8:49:42 AM PST by Oldexpat (Drill Here, Drill There..we must drill everywhere.)
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To: Sammy67

Does this now get classified as “whitemail”?


11 posted on 02/11/2009 8:50:11 AM PST by TommyDale (I) (Never forget the Republicans who voted for illegal immigrant amnesty in 2007!)
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To: Sammy67

Oh well then, I don’t feel so bad about the government spending a few trillion and condemning this country to sure bankruptcy, as long as Catepillar will hire a few workers back. Proceed, Obama.................../s (as if I needed to)


12 posted on 02/11/2009 8:50:40 AM PST by OB1kNOb (It's time to measure Snowe, Collins, & Specter for custom fitted tar and feather suits.)
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To: Sammy67
Anyone know how this and the Pork-a-palooza will effect CAT stock?
13 posted on 02/11/2009 8:50:50 AM PST by South Hawthorne (In Memory of my Dear Friend Henry Lee II)
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To: Sammy67

If it passes and I get a million-dollar-a-year grant, I will hire one person at minimum wage to cut the ends off my cigars.


14 posted on 02/11/2009 8:52:30 AM PST by Puddleglum (this space for rent)
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To: Sammy67

He may be right. I was looking at the pork chart for my area and saw front end loaders and road grades on the list og Obama goodies.


15 posted on 02/11/2009 8:53:43 AM PST by CharacterCounts (November 4, 2008 - the day America drank the Kool-Aid)
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To: Sammy67

Ok Barry,

Since you now can correlate stimulus with jobs how about answering this question.

Last week we lost 500,000 jobs. How many of these will be replaced in kind ??

Most people don’t work in construction or pork related projects so I know he won’t ever be asked this one....


16 posted on 02/11/2009 8:53:53 AM PST by patriotspride
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To: Owl_Eagle
“Anyone know how this and the Pork-a-palooza will effect CAT stock?”

I'd hold off on buying, just saying.

17 posted on 02/11/2009 8:54:21 AM PST by bitterohiogunclinger (America held hostage - day 98)
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To: Sammy67

What is going on here?


18 posted on 02/11/2009 8:54:34 AM PST by freekitty (Give me back my conservative vote.)
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To: Sammy67

I’m in if CAT will promise to use some of the funds for “Rachel Corrie” Ops in the West Bank and Gaza.


19 posted on 02/11/2009 8:54:51 AM PST by FreepShop1 (www.FreepShop.com)
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To: Lurking in Kansas
All 22,000...

I guess we hadn't caught the provision in the "stimulus bill"....Obama becomes Caterpillar's Chairman when it passes.

...it's in there somewhere, right under Nationalized Healthcare I beleive.

20 posted on 02/11/2009 8:55:05 AM PST by HardStarboard ("The urge to save humanity is almost always a false front for the urge to rule - Mencken knew Obama)
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To: Sammy67

Yes, and if the stimulus passes I promise to start eating my vegetables again.


21 posted on 02/11/2009 8:55:22 AM PST by RexBeach ("Do your duty in all things." Robert E. Lee)
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To: Sammy67
WASHINGTON (AP) - President Barack Obama says Caterpillar's chief executive has told him the company will rehire some laid-off workers if the stimulus bill passes.

Yep, they'll re-hire two lobbyists to get their share of the pork. /sarcasm

22 posted on 02/11/2009 8:56:09 AM PST by dirtboy
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To: Sammy67

So we are to spend $800 BILLION so that ONE company will rehire “some” laid off employees?


23 posted on 02/11/2009 8:57:24 AM PST by Blood of Tyrants (The problem with socialism is that you eventually run out of other people's money. Margret Thatcher)
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To: Sammy67

....And if they don’t, their executives can expect some mighty intrusive audits next year....?


24 posted on 02/11/2009 8:59:36 AM PST by Titus Quinctius Cincinnatus (Nihil utile nisi quod honestum - Marcus Tullius Cicero)
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To: Sammy67
Cat is building a new plant in Seguin, Texas. I wouldn't bet any rehires will be unionized.

Guadalupe County BUMP!

25 posted on 02/11/2009 8:59:57 AM PST by Kowdawg
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To: Sammy67
That's right! Imagine all the people who will be given jobs if they build more million dollar heavy excavators. And all those displaced workers who will step into one of those machines and put them to work.

From the McDonalds burger line to a D-9K, building roads, civil centers, stadiums and bridges. No skill required.....

And among other news from the Mother Goose Skool of career planning........

26 posted on 02/11/2009 9:00:05 AM PST by PSYCHO-FREEP (WHAT? Where did my tag line go? (ACORN))
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To: Sammy67

Caterpillar Inc.
Phone: 309-675-1000
Fax: 309-675-6155

dugan_jim@cat.com


27 posted on 02/11/2009 9:01:24 AM PST by jimbo123
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To: Sammy67
McGruff: Caterpillar will rehire more if stimulus doesn't pass.

Would you want a laid off Starbucks employee building bridges?

28 posted on 02/11/2009 9:01:44 AM PST by McGruff (Oh no, there goes Tokyo! Go go PORKZILLA!)
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To: All

In the meantime CAT a few ours ago said this

Caterpillar offers early retirement to 2,000 production workers nationwide due to downturn

The plan follows previously announced reductions, and more voluntary and involuntary cuts may be needed, the company said.


29 posted on 02/11/2009 9:02:07 AM PST by janetjanet998
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To: Sammy67
Let's see, Cat hiring 3 welders and a file clerk.

Cost: 870 Billion Dollars

What a great deal!

P.S. 870 Billion! I need to go to one of those trade schools you see on advertised late-night TV and become a welder!

30 posted on 02/11/2009 9:02:13 AM PST by MindBender26 (Obama makes me long for Jimmy Carter's intelligence and the openness and honesty of Richard Nixon)
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To: Sammy67
Here is a preview of Caterpillar's newest product.

It will be used extensively after the Soylent Stimulus program on page 623 of the legislation is implemented.

31 posted on 02/11/2009 9:05:14 AM PST by AreaMan
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To: Sammy67

This is all about blackmailing people into supporting Porkulus without paying attention to all the crap stuffed in the bag.


32 posted on 02/11/2009 9:05:20 AM PST by Callahan
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To: MindBender26

My share of the bail out would make a down payment on a nice 637 motor scraper. A more enjoyable machine would be hard to find.


33 posted on 02/11/2009 9:05:25 AM PST by Eric in the Ozarks
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To: Eric in the Ozarks

I’ll take a 797 off road truck


34 posted on 02/11/2009 9:06:37 AM PST by janetjanet998
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To: Sammy67

“Obama the Illusionist”!!

Smoke and mirrors...


35 posted on 02/11/2009 9:07:28 AM PST by Beaten Valve
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To: McGruff
Obama met with the CEO of Kodak recently and in less than a day Kodak announced layoffs. Is Obama encouraging layoffs and tough times to pass his PORKULAS AGENDA?
36 posted on 02/11/2009 9:08:15 AM PST by Sammy67
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To: McGruff
Would you want a laid off Starbucks employee building bridges?

Nope, and you wouldn't want me building them either. But then I'm an out-sourced software guy with 25 years of experience sitting behind a keyboard.

37 posted on 02/11/2009 9:08:15 AM PST by alancarp (Ban all H1B visas and solve unemployment instantly -- for free.)
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To: janetjanet998

The 637 is faster and loads itself. We owned three 627s and later traded them in for two 637s and got more production.


38 posted on 02/11/2009 9:09:03 AM PST by Eric in the Ozarks
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To: Sammy67

and if a frog had wings he wouldn’t bump his butt when he hopped.


39 posted on 02/11/2009 9:09:39 AM PST by tgusa (Gun control: deep breath, sight alignment, squeeze the trigger ....)
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To: McGruff

LOL, good point!


40 posted on 02/11/2009 9:13:15 AM PST by Lurking in Kansas (Never argue with an idiot. They drag you down their level, then beat you with experience.)
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To: Oldexpat

I had lunch with Owen’s two years ago in his executive dining room and he seems like a decent person. His wife left him years ago and he ended up raising his girls.

I was talking to our account manager prior to the general election complaining about Obama. He stated that Owen’s and company had discussions with O’s camp and they assured CAT that they would be “business friendly”. Payback time I’m sure.


41 posted on 02/11/2009 9:14:09 AM PST by mmanager (It is time to prune the tree.)
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To: Lurking in Kansas
All 22,000?

Even if it did happen, what happens when the money runs out?

Wish someone would ask that question.

42 posted on 02/11/2009 9:17:55 AM PST by Las Vegas Ron (Obama says we should listen to our enemies, but not to Rush)
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To: Sammy67
As Lenin (and probably Saul Alinsky, Stalin, etc) used to say, "one death is a tragedy, 20 million is a statistic". This bill will put millions of people out of work in due time.

Obama's chief argument for passing this bill:


43 posted on 02/11/2009 9:18:57 AM PST by dr_who
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To: Eric in the Ozarks

Not exactly most folks’ idea of a daily driver. Would you go for the double barreled version?


44 posted on 02/11/2009 9:19:40 AM PST by meatloaf
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To: mmanager
Payback time I’m sure

My first thought too

45 posted on 02/11/2009 9:20:43 AM PST by Las Vegas Ron (Obama says we should listen to our enemies, but not to Rush)
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To: Lurking in Kansas

There maybe others, who are not the laid off workers, who are MORE entitled. Let Bobby Reich educate you.

(http://www.youtube.com/watch?v=opxuUj6vFa4


46 posted on 02/11/2009 9:20:44 AM PST by BilLies
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To: TommyDale

47 posted on 02/11/2009 9:21:00 AM PST by Petronski (For the next few years, Gethsemane will not be marginal. We will know that garden. -- Cdl. Stafford)
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To: mmanager

Jim Owens is a very decent intelligent guy. He has a fiduciary responsibility to respond to the President with moderate comments. It is not in the interest of shareholders to rock the boat. But, I also know that Cat managers believe that you have to cut jobs early in a down cycle.
They also had a long term strategy to eliminate UAW jobs by moving production out of Illinois. They just did that with the small engine plant move to Texas.


48 posted on 02/11/2009 9:22:04 AM PST by Oldexpat (Drill Here, Drill There..we must drill everywhere.)
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To: Las Vegas Ron
Wish someone would ask that question.

Questions are not allowed.

49 posted on 02/11/2009 9:28:53 AM PST by Lurking in Kansas (Never argue with an idiot. They drag you down their level, then beat you with experience.)
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To: Sammy67
Just wait until Media Jesus finds out that Caterpillar sponsors a NASCAR team.
50 posted on 02/11/2009 9:29:37 AM PST by Niteranger68 (Make Obama voters suffer!)
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