Wednesday, August 1, 2012

Dave Spence's TV Ad Laments Closing of a City Business That's Actually Still Open

Posted By on Wed, Aug 1, 2012 at 9:19 AM

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Update: Spence stands by his ad, says campaign spokesman Jared Craighead.

As evidence, Craighead points to McHenry's administrative dissolution in May 2011, which we've mentioned above. He then points to a KMOV Channel 4 story that aired two months earlier, which states (without attribution) that the industrial firm "struggled over the past several years and eventually was unable to stay afloat in an unstable economic time."

We've just discovered that McHenry's owner, Charles Koors, did file for bankruptcy as an individual last December. In his petition, he listed McHenry's value as "0", adding that "liabilities exceed assets." Daily RFT could not find any record that company itself declared bankruptcy.

Spence's spokesman says:
"We guess the guy's trying to get back on his feet. My best guess is that National Rail Truck purchased the 'McHenry Truck' name or is trying to revive the McHenry name (a brand that's been around since 1946 is bound to have some loyal customers) and filed an LLC, but the McHenry Truck entity we used in the ad is now dissolved per SOS website.  The ad is 100% accurate."
Craighead confirms he's never spoken to anyone at McHenry. (As we mentioned, they won't talk to us either.)

It's like we said at the very beginning: Spence might do well to find a better example to make his point. Here's why: If the company did in fact fold for a brief period, and you're going to blame Nixon for that, then don't you have to credit Nixon for its re-opening, if you want to be consistent?   

Check out the ad in question below.

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