Re: OT- Caterpillar says "No"
- From: dr_jeff <utz@xxxxxxx>
- Date: Sat, 20 Mar 2010 13:06:37 -0400
Conscience wrote:
On 2010-03-20 09:39:00 -0700, dr_jeff <utz@xxxxxxx> said:
FatterDumber& Happier Moe wrote:Conscience wrote:http://www.foxnews.com/politics/2010/03/19/equipment-maker-says-health-care-cost-million-year/
FOXnews, the worst whore of news medias, drops to it's knees again for a quick two bucks.
Caterpillar is lucky to still be in business.
Really? They have $2.25 billion in the bank, and a net income of nearly $900 million.
http://finance.yahoo.com/q/ks?s=CAT
Not too bad, but the P/E isn't anything to write home about.
But, hey. If Obama wants to pull the rug out from under his fictitious economic recovery by killing struggling businesses anywhere, who are we to care?
So what about the P/E?
Who are we to care if people who have medical insurance are going bankrupt? Or if millions of people don't have insurance? Who are we to care if the cost of insurance is so high that many small businesses can't afford it or many small companies are struggling to pay for it?
.
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