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Caterpillar Inc. Chairman Jim Owens on Friday was named to a team of economic advisers who will advise President Barack Obama on ways to boost the economy and help the country out of the recession.
originally posted by: Irishhaf
Could be an interesting thing to follow...
With the leaks coming out from some segments of the intelligence community... I wonder if parts of the FBI have finally said screw it lets do our jobs.
Barack Obama is getting closer to making his public reappearance in politics, his friend and former Attorney General Eric Holder said on Tuesday.
Holder said he’s been talking to the former president about ways — including fundraising and interacting with state legislators — that could help the new National Democratic Redistricting Committee, which Obama asked Holder to chair last year.
“It’s coming. He’s coming,” Holder said, speaking to reporters at a briefing for the new group. “And he’s ready to roll.”
Throughout, Holder said, Obama “will be a more visible part of the effort.”
Holder also predicted that the usual pattern of the party in the White House losing state legislative seats in off-year elections would hold next year, but “I expect we’ll see that on steroids with President Trump.”
The NDRC is looking to be an intensified central force for Democrats to tackle their disadvantage in gerrymandering. The mission is to direct resources into winning targeted state elections, push ballot initiatives for nonpartisan district-drawing commissions and wage legal challenges to existing maps. The hope is that this would put Democrats in a stronger position in state houses, but also in the U.S. House of Representatives, if districts are drawn that more accurately represent the distribution of the popular vote, citing statistics that showed Republicans winning 49 percent of the vote in those elections but getting 55 percent of the seats in the 2016 elections.
originally posted by: neo96
Bet investors aren't too happy.
CAT opened up at 98.48 and went down to 92.84 then stopped at 94.36 for the day.
If anyone has CAT.
Looks like they are charged with offshoring to dodge 2 billion in taxes while their CEO was buddy buddy with Obama, advising him on the economy. What a joke, he must have been advising him on how to fleece America.
Last month, Caterpillar said in its annual filing with the Securities and Exchange Commission that while it is "unable to predict the outcome or reasonably estimate any potential loss" related to outstanding investigations,it doesn't expect these issues to have a "material adverse effect on the Company's consolidated results of operations, financial position or liquidity."