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Default Stimulus would let Caterpillar rehire workers: Obama

On Feb 11, 7:46*pm, HK wrote:
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.


All these Repubs want is for whatever Obama proposes to fail. It should
be crystal clear by now. Failure is the only hope of the
Repubs...without it, they will lose more seats in Congress in 2010, and
the presidential elections in 2012.

Just read what the new Republican chairman has been saying...- Hide quoted text -

- Show quoted text -


It has nothing to do with elections, it has to do with watching
freedom and democracy slip away while Obama lies his ass off at every
turn.. No ethics, no bipartisan, no openness, no compromise, no
democracy, just throwing half the country under the bus while paying
off his supporters with our children's money, talking of hope and
change, what a crock of ****...
 
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