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Author Topic: CAT to layoff 20,000  (Read 1135 times)

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Offline JohnnyReb

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CAT to layoff 20,000
« on: January 26, 2009, 08:59:33 AM »
Caterpillar has plants all over the world....but since most of the reduction in orders seems to target large mining equipment....THAT'S USA....in the middle of Obama country.

http://news.yahoo.com/s/nm/20090126/bs_nm/us_caterpillar

Added-When Obama said he was going to bust the coal mining industry, wonder if he even gave a thought to what all that would entail.
« Last Edit: January 26, 2009, 09:01:16 AM by JohnnyReb »
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Offline Baruch Menachem

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Re: CAT to layoff 20,000
« Reply #1 on: January 27, 2009, 09:45:46 AM »
Way back in the days of Clinton, Rush kept pointing out the the democrats want problems, as that is what gets them elected, not solutions.

He is going to go for 10% unemployment.  He want most of the jobs out there to be public sector jobs where he has the right to hire.

Very scary dude, Our Obama
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