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IPFS News Link • Corruption

What Stimulus Money Did For Caterpiller- But at What Cost to The American Taxpayer?

09-29-10 • The PPJ Gazette

Picture this. A blustery day in February 2009. A President poised gracefully behind a podium, teleprompter at the ready, speaking to Americans about how one of the Nations top manufacturers had explained that because of the proposed Stimulus Package, Caterpillar would be re-hiring some of those 22,000 employees recently laid off. “Yesterday, Jim, the head of Caterpillar, said that if Congress passes our plan, this company will be able to rehire some of the folks who were just laid off,” Obama said today in Peoria.” Makes one kinda tear up – saving the jobs of those poor United States Caterpillar workers…. Only that’s not what “Jim” said:

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Reported By Marti Oakley

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