In the post office box of the Citizens for Responsible Spending, we anonymously received this memo purportedly from Caterpillar, dated April 9, 2009:

Build the Block: Peoria Riverfront Museum and Caterpillar Visitor Center Leader Talking Points (Peoria Area)

Caterpillar is pleased about the vote to move forward with Build the Block. We made a commitment in 2002 to support a new regional museum and we will stay true to this commitment. Caterpillar’s funding of this project will be in the near future, but will not occur in 2009.

• The budgeted cost of the Visitor Center is $41 million. Planning for this project will be modified to reflect our current financial circumstance.
• The Caterpillar Foundation has pledged $13.5 million to the museum. We have made the decision to temporarily suspend outright cash payments, however, the Foundation will continue to match payments to the museum project from employees and retirees.

The Visitor Center will benefit Caterpillar in many ways:

• Enhance the overall customer experience when Caterpillar dealers bring customers to Peoria to visit the company.
• Provide a complete perspective of our commitment to customer success, regardless of where they are working around the world.
• Exhibits will focus on the value of our equipment, engines and services and the long-term relationships which offer customers a superior value in providing solutions to their business challenges.

Hmmm. So much for stimulating the economy while so many people are facing hard times. Evidently the new plan is to wait for better economic times to build.