February 12, 2009

Caterpillar Head Contradicts Obama

MSM news assumption: President Obama's plan means Caterpillar will re-hire. Why? Because he said so. He's beyond questioning or reproach; he's too big to fail.

Funny little detail is missing. Caterpillar CEO, James Owens, says something quite different.

1 comment:

Anonymous said...

You know, I guess everyone hears what they want to hear. I have heard repeatedly from the President and the new administration that these changes are not going to happen overnight. It didn't take weeks for the problems to start, it won't be able to be fixed in weeks. Nothing about what he has said about Caterpillar contradicts with that. If the package gets passed, Caterpiller will be able IN THE FUTURE to rehire some people. I think both the current administration and the CEO of Caterpiller are saying the same thing.