Caterpillar - more catty than a pillar of honesty

Caterpillar CEO- wants tax reform (lesser taxes) on one hand, and a government plan to improve infrastructure on the other (improvements that will directly add to Cat's revenues). This shameful conduct is all too common among the "how fast can I make my money" managers.

Caterpillar 2Q profit jumps but shares tumble - Yahoo! Finance: "'China is doing a good job of balancing growth and inflation, and our expectations for China remain positive,' he said.

Overall, the company predicts 3.5 percent growth in the global economy in 2011, down from 3.9 percent last year.

Oberhelman said he believes the current lack of confidence in the U.S. business climate is the biggest impediment to a stronger recovery.

'Lack of clarity on a U.S. deficit reduction plan, trade policy, regulation, much needed tax reform and the absence of a long-term plan to improve the country's deteriorating infrastructure do not create an environment that provides our customers with the confidence to invest,' Oberhelman said. 'We're confident that as a country we'll eventually get it right, and we're positioning Caterpillar to be ready when we do.'"