"Well, he is on the recovery board, right? I guess two things. Caterpillar has also opposed the "buy American" provisions in the stimulus package. Recently a spokesman for Caterpillar said that they were like snake oil. And I know that the final package is still being finalized. But I'm wondering, that, and the fact that Caterpillar -- probably one of the companies that most supports the Colombia free trade agreement, and says that the stalling of that on Capitol Hill -- and I believe the President also has expressed concerns about that free trade agreement -- that that stalling is basically sending a message to businesses in Colombia, please buy Canadian products, not American. Does Caterpillar's support for the Colombian free trade agreement and opposition to the "Buy American" provisions, under the same idea of what's good for their workers and good business, would that have any effect on the President's thinking?"
Snake oil

January 1, 1970

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Added on April 10, 2026
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