One More Major Blow to Illinois - Caterpillar considers leaving ILLINOIS!

By
Mortgage Banker with Larry Bettag - Cherry Creek Mortgage

So, in today's news, Caterpillar C.E.O., Doug Oberhelman writes....

"I want to stay here.  But as the leader of this business, I have to do what's right for Caterpillar...The direction that this state is headed in is not favorable to business."

Of course, I've been blogging about this for a long time.  TwCaterpillar to Leave Illinois?o recent posts that I've written are:

ILLINOIS PLAYS RUSSIAN ROULETTE AGAIN - 2 MORE TAXES THIS WEEK!, and

Illinois & Quinn Make it official! More Taxes for everyone!

My wife and I lived across the "Cat" plant in Montgomery, Illinois when we first got married.  They're a staple in Illinois.  This would cost Illnois roughly 4,000 jobs. As ABC news says, this comes after Governor Quinn signs into law a roughly 67% state income tax hike on both companies and individuals!  This letter was not meant for the public, but the CEO, says that he's being wined and dined by many states.  In truth, I can't get in the car without hearing some recruting pitch for companies in Illinois by other states.

I know a number of people who have taken themselves and their businesses and moved out of state.  It's all because Quinn isn't smart enough to attract new businesses and he can't stand up to the unions.  I have to be honest.....for the first time in my life (I've been here my entire life), I'm looking at options for selling my home and moving out of state myself.  I"m not going to shoulder the burden for all of Quinn's programs. 

A lot of employers have left and there's a lot of others considering leaving us!  It's horrible.  Quinn says that "Cats" not going to leave us.  Why would they?"  Hello??????  All I can think of is that movie....

Dumb and Dumber! 

So Stupid and so costly!

 

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Re-Bloggged 1 time:

Re-Blogged By Re-Blogged At
  1. Kevin Robinson 03/27/2011 10:00 AM
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Topic:
ActiveRain Community
Location:
Illinois Kane County
Groups:
Tea Party
Almost Anything Goes
Blatant Politics
Illinois
Silent Majority
Tags:
caterpillar
caterpillar to leave illinois
caterpillar considers leaving illinois
caterpillar not happy with illinois tax increases

Comments 17 New Comment

Rainmaker
563,876
Mike Saunders
Lanier Partners

Larry - that is terrible news for Illinois, but welcome for some state or states when Caterpillar moves. Hopefully, legislatures such as Illinois's will see the folly of regressive, repressive and oppressive tax systems, but, it appears that some people refuse to learn from history.

March 28, 2011 09:09 AM
Rainmaker
366,695
Kevin Robinson
High End Vacation Homes

Larry- Maybe you guys can elect Jerry Brown after CA gets done with him.

March 30, 2011 09:03 AM
Rainmaker
353,982
Dale Terry

Larry in the end, your state is doomed. CAT and others will leave, it is in their best interests and also yours.  The liberals don't get it, they can keep CAT by lowering expenses on giveaway programs and keep taxes in lines.  But they refuse to cut programs and are willing to go down with the ship.

March 30, 2011 09:42 AM
Rainmaker
353,982
Dale Terry

Larry in the end, your state is doomed. CAT and others will leave, it is in their best interests and also yours.  The liberals don't get it, they can keep CAT by lowering expenses on giveaway programs and keep taxes in lines.  But they refuse to cut programs and are willing to go down with the ship.

March 30, 2011 09:42 AM
Rainmaker
1,054,979
Wallace S. Gibson, CPM
LandlordWhisperer
Gibson Management Group, Ltd.

I understand VA Gov McDonnell has already been in touch....the NASCAR Driver of the RCE #31 Cat Chevrolet is South Boston, VA's OWN Jeff Burton! AND, Virginia is the LAST right to work state going up Rt81

March 31, 2011 06:07 AM
Ambassador
872,143

Larry Bettag

Regional Vice-President
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