Showing posts with label budweiser. Show all posts
Showing posts with label budweiser. Show all posts

Tuesday, July 15, 2008

As American as... nevermind.

I'm sure you all heard, Budweiser is no longer an AMERICAN company. "Dey took 'er joooobs!" It was sold to Belgium's InBev for $52 billion — although Bud CEO, August Busch IV, had told the company's wholesale distributors months ago that a sale would "not happen on his watch." All it took was InBev to raise their price per share price to $70 (it was rejected at $65). Sellout.

InBev makes a lot of good beers, to their credit, including Stella Artois, Leffe, Hoegaarden, and Beck's (Stella is probably my favorite beer). InBev also comes from a country where their money is ACTUALLY WORTH SOMETHING.

Despite my best efforts, my employer refuses to pay me in Euros. The "Almighty Dollar" ain't what she used to be, remember that when filling up your gas tank... Oil has gotten more expensive worldwide, but prices have jumped twice as much in the U.S.A. compared to Europe due to the falling price of the dollar. Some economists expect a dollar rebound in late '08 or 2009. In the meantime, don't be shocked to see American treasures purchased by foreigners.