Caterpillar beat target by cutting 37,000 jobs!

“”Caterpillar earned $404 million in the third quarter, or 64 cents a share. Analysts had expected only 5 cents. How did Caterpillar do it? Not by selling more bulldozers. But by cutting over 37,000 jobs.”"

http://marketplace.publicradio.org/display/web/2009/11/18/pm-reich-commentary/

MW Headline; “November’s Dow no turkey ”

Actually the Dow is a turkey. It is being fattened up and it will be slaughtered!

The lies become harder to believe, the manipulation becomes more obvious, the evidence of an impending economic collapse becomes harder to ignore, and the number of people injured by the economic malaise increases.

- cynicalguy

Related Posts:

• Fox Poll: How many jobs do you think the economic stimulus package going through Congress will create?
• More than half of the people with a job today depend on Government for their paycheck.
• If our market goes as per Fundamentals, Dow will be close to 8000 or even less than that.
• “Hold onto your hard earned money; buy only that which you need to survive on”
• There are plenty more Dubais on the horizon.

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