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Burning Journal -> Politics -> McCain Tied to Job-Killing Ohio DHL Merger
Post Info TOPIC: McCain Tied to Job-Killing Ohio DHL Merger
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Enemy of the State

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McCain Tied to Job-Killing Ohio DHL Merger
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McCain Tied to Job-Killing Ohio Merger

by Seth Michaels, Aug 7, 2008

mccain_ohio_vid.gif

In southwestern Ohio, working families are nervous about the likely loss of 8,000 jobs if a major shipping company stops using the Wilmington airport as a hub.

 

The pattern is familiar, but the pain isnt abstract for Ohio families. The potential job loss is the result of a chain of events driven by corporate greedand back-room lobbying deals supported by Sen. John McCain.

 

DHL was purchased by the German company Deutsche Post in 2002, and within a year the company merged with Airborne Express, a delivery company based in Wilmington. Now, DHL has announced plans to stop using the airport and outsource all deliveries elsewhere. This would devastate the economy of the small town of Wilmington, leaving more than 8,000 people out of work.

 

McCain, an adherent of Bush-style economic and trade policies, is closely tied to this potential disaster, as is McCains campaign manager, Rick Davis.

 

In 2003, Davis was a high-priced lobbyist who pushed the Senate to approve the DHL-Airborne Express merger. McCain was one of his strongest allies on Capitol Hill in pursuing the merger and, as chairman of the Senate Commerce Committee at the time, had a key role in blocking legislation that could have prevented the merger. Davis, meanwhile, has raked in hundreds of thousands of dollars from Deutsche Post, both before and after the merger.

 

Joe Rugola, president of the Ohio AFL-CIO, says McCains actions demonstrate he is part of the problem when it comes to protecting Americas jobs.

Those jobs are on the chopping block because Sen. McCain and his campaign were involved in a deal that resulted in control of those positions being shifted to a foreign corporation, and theres no getting around that.

Sen. Sherrod Brown (D-Ohio) is urging McCain to work in the Senate to prevent DHL from taking these jobs away from southwestern Ohio.

It is unconscionable to have access to help for these families but not explore every possible solution to save these jobs. John McCain should act as aggressively to save Wilmington jobs as he did to expedite the sale of Airborne to Deutsche Post. Instead of action, hes taken a path of indifference. Ohioans need a president who will fight for them.

Sen. Barack Obama is getting involved in the potential crisis. Obama has written a letter to the White House demanding further investigation into the merger proposal, including its impact on jobs and whether it violates anti-trust law. Last month, Obama met with Wilmington Mayor David Raizk and DHL workers to discuss the situation.

 

Few people, though, have the access and leverage that McCain and Davis have over DHL. McCain claimed, in a campaign visit to southwest Ohio, that theres nothing he could do to help the situation. Of course, his campaign also is claiming that no one could have anticipated job losses resulting from the merger.

 

McCain cant escape it: Hes part of the old Washington culture of lobbyists and corporate interests that has left working families behind.

 

____________________________________

Paid for by the AFL-CIO Committee on Political Education Political Contributions Committee, www.aflcio.org, and not authorized by any candidate or candidates committee



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Just as long as he doesn't allow fags to marry and he doesn't take away my AK-47 I can always get a job at Wal-Mart.

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Enemy of the State

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Amen Brother, this country needs to get its priorities straight. Some things are more important than income, and like you said there is always Wal-Mart.

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Force Majeure

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Not to mention that FUGLY yellow and red everything and the FUGLY plane that sits around here all day long.

Airborne was much easier on the eyes.

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Cured

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Fact: Mc Cain's old. And he was behind another killer merger...

Studepackardlogo.jpg

The Studebaker-Packard Corporation was the entity created by the purchase of the Studebaker Corporation of South Bend, Indiana by the Packard Motor Car Company of Detroit, Michigan, in 1954.

Packard acquired Studebaker in the transaction. While Studebaker was the larger of the two companies, Packard's balance sheet and executive team were stronger than that of the South Bend company.

It was hoped that Packard would benefit from Studebaker's larger dealer network. Studebaker hoped to gain through the additional strength that Packard's cash position could provide. Once both companies stabilized their balance sheets and strengthened their product line, the original plan devised by Packard president James Nance and Nash-Kelvinator Corporation president George Mason was that the combined Studebaker-Packard company would join a combined Nash-Kelvinator and Hudson Motor Car Company in an all-new four-marque American Motors Corporation. Had the complicated combinations gone through as planned, the new company would have immediately surpassed the Chrysler Corporation to become the third of America's "Big Three" automobile manufacturers. However, the sudden death of Mason, the selection of the disinterested George Romney as his successor, and disputes over parts-sharing arrangements between the companies doomed any chance of completing the proposed merger. This failure to combine the companies effectively sealed the fates of all four.

Packard executives soon discovered that Studebaker had been less than forthcoming in all of its financial and sales records. The situation was considerably more dire than Nance and his team were led to believe; Studebaker's break-even point was an unreachable 282,000 cars at a time when the company had barely sold 82,000 cars in 1954. Furthering the new company's problems was the loss of about 30% of Studebaker's dealer network by 1956.

Following a disastrous sales year in 1956, S-P entered a management agreement with the Curtiss-Wright Corporation. C-W, led by Roy T. Hurley, insisted on major changes. All of S-P's defense contracts and plants where defense work was carried out were picked up by Curtiss-Wright, Packard production in Detroit was stopped and all remaining automotive efforts were shifted to South Bend. The Packards (for 1957 and 1958) were essentially Studebaker Presidents with excessive amounts of bright work. The vehicles were referred to as Packardbakers by comedians. The final Packard rolled off the assembly line in July 1958.

The one bright spot to come of the company's troubles was a distribution agreement, brokered by Hurley, with Daimler Benz. The agreement was looked on as a necessity both for the income that Mercedes-Benz could add to the company's bottom line and as another product that the increasingly disgruntled Studebaker dealer network could sell in the event that the company quit building its own cars.

Studebaker-Packard Corporation made one last stab at resurrecting the Packard nameplate. The Franco-American Facel-Vega four door sedan, which was powered by a Chrysler V8 engine, would have been rebadged as a Packard. The plans fell through when Daimler Benz demanded that Studebaker-Packard cease with the plans or risk termination of its sales agreement to sell Mercedes-Benz cars.



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Snippy


Force Majeure

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The ass end of Mercedes-Benzes of the early 60's came from Studebaker, IIRC. Or vice versa, or something. I had a '62 Benz 220Sb whose ass was like a Lark.

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