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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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