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On Feb 11, 7:41*pm, wrote:
On Wed, 11 Feb 2009 14:29:44 -0800 (PST), wrote: On Feb 11, 12:01*pm, HK wrote: Stimulus would let Caterpillar rehire workers: Obama Wed Feb 11, 2009 12:43pm EST SPRINGFIELD, Va., Feb 11 (Reuters) - President Barack Obama said on Wednesday that Caterpillar Inc's (CAT.N) chief executive has said he would be able to rehire some of the company's 20,000 laid-off workers if Congress passes an $800 billion economic stimulus plan. Speaking at the site of a highway construction project in Virginia, Obama noted that the heavy equipment machinery giant had announced some 20,000 layoffs in the past few weeks as a result of the global economic crisis. "Today, the chairman and CEO of Caterpillar said that if the American Recovery and Reinvestment Plan passes, his company would be able to rehire some of those employees," said Obama. The president is scheduled to visit a Caterpillar plant in East Peoria, Illinois, on Thursday. To do what? *Build heavy equipment that no one is buying? Are you really that simple? A big piece of the plan is INFRASTRUCTURE. That means fixing and building bridges, roads and other big stuff that will require heavy equipment.- Hide quoted text - - Show quoted text - Less than 5% idiot, talk about simple. Pelosi says it and you believe it, you really do need to try to get better informed if you are going to get into these conversations... |
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Stimulus would let Caterpillar rehire workers: Obama | General | |||
Stimulus would let Caterpillar rehire workers: Obama | General | |||
Stimulus would let Caterpillar rehire workers: Obama | General | |||
Stimulus would let Caterpillar rehire workers: Obama | General | |||
Stimulus would let Caterpillar rehire workers: Obama | General |