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Canuck57[_6_] February 12th 09 05:40 PM

Stimulus would let Caterpillar rehire workers: Obama
 

"Zombie of Woodstock" wrote in message
...
On Wed, 11 Feb 2009 12:01:36 -0500, HK wrote:

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.


Who are they going to sell the equipment too?


Maybe park them on the Whitehouse lawn?


The heavy equipment market is flooded with off-lease, used stuff from
backhoes to Terex movers. That doesn't include new equipment they
can't sell. The CAT/Deere dealer up in Grafton can't keep his
mechanics busy enough for a 30 hour week.
--

Happy Holidays and Merry Whatever It Is
That ****es Liberals Off.





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