Caterpillar CEO Says More Layoffs Likely to Come

Reader Comments
Back to blog

It amazes me that a man who was so phony and transparent when he was running for president fooled so many people. It is more amazing that even articles like this one which clearly show he lies doesn't sway those who want to believe in him.

friendlyfelix of FL 7:08AM February 14, 2009

I work for Caterpillar. We are a great company. We were used by the President and his compatriates. Our CEO is a straight-shooter, PhD in Economics and he walks his talk. I am glad that Mr. Owens stood up for us and the truth.

Catgirl of IL 6:44PM February 13, 2009

He's the Messiah -- of course he can bring us jobs, jobs, and more jobs.
His false promise of saving the Catepillar jobs is a good indication of the accuracy of the 300 million jobs promised to come as a result the Spending bill.
Do not forget -- this man's experience is not in business -- you know his resume -- community organizer (a paid agitator, a professional version of a college campus protestor) -- then he was thrown into politics by the Chicago machine. He will never understand the real life economics of running a business, managing something, anything, keeping it in the black, especially during rough patches.
Obama should have run his little phony speach by the CEO of Catepillar first. Don't ya think?
Is it wishful thinking, a sales pitch, or Fabian socialism. I just can't figure out what this is all about anymore.

smc of NY 4:48PM February 13, 2009

The byline is simple. Obama lied. He is definitely not fit for the job and only wants to destory capitalism and the fabric of the US economy to be replaced with socialism.

beefrank of NJ 1:58PM February 13, 2009