Free Markets, Free People

About That Caterpillar Story

President Obama has been waving a quote from Jim Owens, CEO 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.”


Asked if the stimulus package would be able to stop the 22,000 layoffs or not, Owens said, “I think realistically no. The truth is we’re going to have more layoffs before we start hiring again”

“It is going to take some time before that stimulus bill” means re-hiring, he said.

Amateur hour continues.


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17 Responses to About That Caterpillar Story

  • But he’s just so darn cute when he stands behind that podium!

  • Obama is getting dangerously close to a reputation for a wicked combination of cluelessness and arrogance. His Cabinet nominees have been a recurring train-wreck. Some parts of the media are waking up to how they threw away their credibility to get Obama elected, and trying to recover some sliver of it by removing their lips from his backside. Even Jon Stewart has started making fun of him.

    Remember, lefties: no one controls the narrative. It’s an emergent property of the whole interaction between the media and the people. People can try to influence the narrative, but they can’t control it. Obama’s most likely one-pharse narrative at this point is “well-intentioned, but clueless.” He better start doing better in a hurry if he wants to avoid that fate.

  • Prediction: Barry will be the first president that ever quit the job without any political pressure to do so. Now that he’s achieved the presidency, he’s quickly learned that playing house is fun for only so long. His narcissistic personality will quickly tire of the annoyances and the pressure from the people to actually “work” and do more than yammer behind a microphone will be tolerated for a little while.

  • I wouldn’t put it past this administration and Congress to try to force Caterpillar to rehire workers.  It’s not that farfetched.

    • The second they even hint it might happen, CAT will move it’s Corp office to Toronto…

      Which would be hillarious, considering the “Build the Block” crap the city of Peoria is trying to dish the locals to get them to support an sale-tax increase to build a CAT museum on the city block next to CAT ‘s corp HQ…

      A museum about 1 in 20 people in town will ever even go into, with even fewer people from outside the area going to visit…

  • He may decide not to run in 2012. Thta’s what I got from his “if this doesn’t work” line. I can’t blame him either, this financial mess and the messy political dirt storm surrounding it must be maddening.

  • I was open-minded when he was elected.  My one reservation was that he was a senator, and senators are hardly leaders.  Nonetheless, I figured if he stood up to the Democratic congress and cast aside any politicking, he could have success.  Unfortunately, he stoops by engaging in politics (“I won”), talks out of boths sides of his mouth like a senator (“there is absolutely no pork in this bill”, “we must act now!”), picks fights with private citizens (Rush Limbaugh), toes the party line (“stimulus”), and disregards the Constitution (census fiasco).  All in 3 short weeks!   It’s not too late for him to get his act together, but this is mind-numbingly inept!

    • As President, he’s acting like a junior senator!  Talk about a “Resident in Chief.”  I’ll believe he has teeth when he cracks out the veto.

  • Whoa! Do you mean that…gulp…that the…gulp…that The Clown™ was talking out of his arse when he made that comment about Caterpillar?

    Heavens forbid, Batman! Next you will tell me that The Clown™ is having trouble with his cabinet, or that he lied about making lobbyists as members of his administration.

  • The “Audacity of Entropy” is strong in this POTUS.

  • I watched the Jon Stewart clip. 

    I think Obama is really in trouble, or Stewart would not have rolled out the big guns and made him look so foolish.

    There could have been a few more months of polite humor at Obama rather than making fun of his press conference.

  • While I am relishing the feeling of schadenfreude as much as anybody else (tempered, of course, with the sober realization that the country this idiot is screwing up is MY country), let’s not hold our breath while waiting for the door to hit him in the butt just yet.

    1.  MiniTru is still on his side.  The bloom might be wearing off the rose really fast, but I’m sure that Chris Matthews and the rest of our neutral, unbiased, patriotic media are still determined to make sure that TAO’s administration is a success;

    2.  TAO is surrounded by trash from the Clinton admin, who are quite used to covering up for an arrogant ass AND need to protect their own phony-baloney jobs.  It may be that Rahm, Dave, the Hilldabeast, or even Slick Willie himself will have a “come to Mohammed moment” with TAO and inform him that he will read the lines they give him and nothing else, and that if he behaves himself he can stay in office, and they might even let him make a few decisions on his own;

    3.  Let’s remember that Slick Willie’s first months in office didn’t go smoothly, either, yet he hung in there for eight horrible years;

    4.  Let’s also remember that TAO’s base is the stupid half of America, the ones who voted for an empty suit with a trite campaign slogan in the stated belief that he really is some sort of messiah.  It won’t be hard to convince them that he’s doing a helluva job no matter how bad things get;

    5.  TAO is opposed by the GOP, the most politically maladroit crowd since the court of Louis XVI and Marie Antoinette (compared to McConnell and Boehner, Wile E. Coyote looks like Cardinal Richelieu);

    6.  TAO has not been well-served by the other two members of his unholy troika: SanFran Nan and Dingy Harry.  They’ve both been in DC for years and should have been able to offer him good advice about how to get what he wants AND about what is and isn’t possible in this political climate.  Instead, they acted like the arrogant fools that they are and helped turn his “honeymoon” into a fight that he doesn’t really need and didn’t have to have.  He was stupid to trust them.  We’ll see if he wises up.  If so, then things will go a bit better for him.  If not…

    7.  TAO has the hardest job in the world.  Yes, he is less-qualified than most to hold it, but in reality there is no good training for it.  It’s natural that he’ll have his stumbles and fumbles.  If he’s as smart as his devoted followers insist, he’ll quickly learn from his mistakes and things will settle down.  If not…

    Anyway, we’re stuck with him for at least four more years.  For the sake of our country, let’s hope they are good ones.

  • The CEO of Caterpillar and the economy and the recession are all White racist devils.  This is the new regime y’all so everything and everybody needs to work with the new black president.

    Remember any dissent or anything else is racism.  That includes unemployment, the fundamentals of economics, and any rain that falls on any black history month parades.

  • How many times during the campaign did one of us ask an Obama supporter what qualified their candidate to be president? I asked it dozens of times and never received a coherent answer.  Barack Obama is an educated novice with no leadership experience, no management experience, and no record who will say anything serving his ego and political ambition. 

    Lincoln is Obama’s hero.  Here are a few quotes he apparently missed.

    “Nearly all men can stand adversity, but if you want to test a man’s character, give him power.”

    “The people will save their government, if the government itself will allow them.”

    “Don’t interfere with anything in the Constitution. That must be maintained, for it is the only safeguard of our liberties.”

    And here’s one for Michelle:

    “I like to see a man proud of the place in which he lives. I like to see a man live so that his place will be proud of him.”

  • Docjim has a point. I remember with amusement the first months of the Clinton administration when a statement was released in the morning, clarified in the afternoon, updated in the evening, and replaced the next morning, when the cycle began again. And who can forget de facto press secretary Stephenopoulos on television, with his eternal three day beard, squirming as he tried to answer questions. And those wonderfully amusing Presidential images staged by the Thomasons. Ah, good times.;)