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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
To: Sammy67
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.)
To: Sammy67
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.)
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
To: Lurking in Kansas
They said ‘some’.. translated- two accountants.
5
posted on
02/11/2009 8:48:35 AM PST
by
mnehring
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.)
To: Sammy67
7
posted on
02/11/2009 8:48:54 AM PST
by
TexasBeth
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)
To: Sammy67
Hah, hah!
Hussein is looking for any silver lining he can find...
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.)
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!)
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.)
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
End Times Sentinel
(In Memory of my Dear Friend Henry Lee II)
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)
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)
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....
To: Owl_Eagle
“Anyone know how this and the Pork-a-palooza will effect CAT stock?”
I'd hold off on buying, just saying.
To: Sammy67
18
posted on
02/11/2009 8:54:34 AM PST
by
freekitty
(Give me back my conservative vote.)
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)
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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