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It began with a statement by Obama yesterday, when he told reporters that the CEO of Caterpillar would hire back laid off workers as soon as the stimulus passed … and followed with a statement by the CEO of Caterpillar that … well no … he still would likely have to layoff more people. It’s […]
On Friday, Caterpillar announced the closing of a locomotive plant in Ontario, Canada. The plant had been the site of a weeks long lockout over wages and benefits. To remain competitive with the likes of General Electric, Caterpillar wanted concessions, but the Canadian Auto Workers union refused.
The Wall Street Journal did an excellent piece today concerning what most of us call corporate welfare. If the Congressional Super Committee is serious about reducing our budget deficit, they would be wise to read this article. You, on the other hand, might be wise pouring a stiff drink before you do so.
That really is the argument Thomas Geoghegan puts forward in his Wall Street Journal opinion piece. He thinks opening a Boeing Dreamliner production line sends “a big fat market signal that it [Boeing] wants a less-skilled, lower-quality work force.” His words, and he things the NRLB should fix it.
We’ve already explained Obama’s promise that “you can keep your private health insurance if you like it” is pure rubbish. But, you say, what if I have insurance provided by my employer? Surely, I can keep that, can’t I? For most Americans the answer will be a resounding no. And here’s why. Obamacare requires that all employers with 50 […]
Henry Waxman (D. Ca.) and other House Democrats intend to haul the CEO’s of several major companies before Congress on April 21 , and demand explanations about recent disclosures by those corporations concerning the true costs of Obamacare. Actually, the true cost of Obamacare to these corporations is sizable, but that apparently was supposed to be kept a secret. […]
The Executive Branch has gotten quite fond of saying their policies have “saved or created” x-number of jobs. Can someone tell me why the media is allowing this to happen? The numbers are pure fiction and the main stream media who’s mostly in love with President Obama is happy to report the data. It’s kind […]
Twenty-four hours have passed since the so-called torture memos have been released and as I expected, it’s not a story that has gone viral. Plenty of coverage, but not oh-my-God kind of coverage.
I do not have time to review these right now, but my guess is that nothing will send shock waves through the media or anywhere else for that matter. Personally, I hope that the current administration would use these techniques if needed. Again, they are extreme measures, not torture. The intelligence community is certainly not […]
Uh Oh … remember when President Obama touted his stimulus package as a job saver He even traveled to East Peoria to make Caterpillar the poster child of saved or retained jobs … remember? httpv://www.youtube.com/watch?v=SEHnc88OH6M Now we get this from Reuters … Caterpillar Inc, the world’s largest maker of construction and mining equipment, notified an additional […]