Word: volkswagens
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THERE was great joy in Mudville when Pennsylvania Gov. Milton Shapp announced in August 1976 that Volkswagen would locate its first major U.S. assembly plant in his state. There was joy, first, because the VW decision bucked a trend of industrial exodus from pennsylvania and the whole Graybelt (the declining Northeast corridor), an exodus brought on by the antiquation of the area's facilities, physical constraints on expansion, the relatively high tax load and union wages. There was joy, second, because Pennsylvania had beaten out Ohio in the VW selection process...
...lease back, $30 million for the transportation links, and untold millions in abated taxes. Milton Shapp looked like a financial wizard, and the Rabbits and Dashers came rolling off the line in New Stanton. No one picked up on the Cleveland Plain Dealer interview with the president of volkswagen America: He said that VW had never really considered the Ohio site, because the tank factory was simply too antiquated for their purposes, and that the company had always intended to go to New Stanton where the factory was already built for modern auto assembly...
...vast capital pool of public employee pension funds to advance their own economic well-being, just as workers and communities should use their pension funds not only to asure future incomed but present income, jobs, growth as well. The problem with Shapp's package was that it only subsidized Volkswagen, and increased Pensylvania's dependence on the private sector. That $135 million loan, II spread out to community development groups in the state, could produce many more jobs than the 4,000 VW is providing in New Stanton. Plus, the money could then be directed to localities on the basis...
Moses Wine is a sometime Berkeley activist and law school dropout, now beginning a new life and career as a Los Angeles private detective. He drives an unprepossessing yellow Volkswagen convertible and often has to take his two kids along when he's on a stakeout-his ex-wife being much preoccupied with her est-like training and her live-in, est-like trainer. The rest of his family consists of an aunt who once waltzed with Bakunin in Russia, and is too busy to be much help with the kids: she's trying to radicalize her senior...
...production and about a fourth of its worldwide output. Additionally, in the past year the company has sold operations in Argentina and Turkey to local investors; it is dickering to have Japan's Mitsubishi take over at least part of Chrysler Australia and has been trying to induce Volkswagen to buy part of Chrysler Brazil. Chrysler may sell some other Latin American operations...