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Keyword: jimowens

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  • Obama: My plan means rehires here. CEO: Actually, more layoffs first

    02/13/2009 5:40:45 AM PST · by teddyballgame · 20 replies · 1,214+ views
    LA Times ^ | 2/13/09 | Andrew Malcolm
    This is awkward, like truly first-date awkward, when your hands brush and the other one pulls away. President Barack Obama speaking at the Caterpillar plant in East Peoria, Illinois Thursday afternoon on his economc stimulus plan (see video below) still before Congress: "When they finally pass our plan, I believe it will be a major step forward on our path to economic recovery. And I'm not the only one who thinks so. "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...
  • Obama: Caterpillar will rehire if stimulus passes

    02/11/2009 8:46:53 AM PST · by Sammy67 · 61 replies · 2,519+ views
    breitbart.com ^ | 2/11/09
    WASHINGTON (AP) - President Barack Obama says Caterpillar's chief executive has told him the company will rehire some laid-off workers if the stimulus bill passes. The heavy equipment maker announced more than 22,000 job cuts last month as it scales back production amid the economic slowdown. During a visit to a transportation construction site just outside Washington in Springfield, Va., on Wednesday, Obama urged Congress to pass the bill. The House and Senate are