Buffett backs InBev bid, Belgian newspaper says

Did anyone really expect Warren Buffet NOT to go along with this? For people WITH money, it is only about the money. And, like any other company that buys another company, once the transaction is complete, In-Bev can and, in my humble opinion, will do anything with it that they please, including moving, firing, etc. Remember, they admit that is how they make their money - cut everything to as bare bones as they can get it - true blood-letting. My concern is for the current A-B employees, especially the scores of non union bottlers and those not in management and there are scores of them. Many have worked faithfully for many years, some with less than a year to be fully vested in A-B retirement funds, and they now stand to loose everything - their retirement, their jobs, etc. Any working middle-class person knows that they are concerned right now, with every right to be so. Many have dedicated their lives to this company. This change WILL make a difference in the ecomony of St. Louis, when more homes go up for sale because people loose their jobs. In-Bev can say all they want right now and it behooves them to make this seem as apealing as possible to get people on their side but more than anyone, the employees need to be concerened for their families and their futures. Will all the concern, the web sites and the petitions change anything? Unfortunately I don’t think so. The hand writing is on the wall and it is just a matter of time. Not a good time to be an A-B employee and trying to just live. Can you still afford to send your kid off to college next year? Can you afford to trade in the car for a more gas saving model? Can you afford to make the committment to a home improvement loan to get the roof replaced? Just thought you were going to be able to retire in 5 years? Now you may loose your retirement account as well as your job in the next few months so put your life on hold for now and sock away every dime you can scrounge for you might need it just to get by sooner than you realize. Can you really blame Warren Buffet for wanting more money? Isn’t that the name of the game nowadays? The almighty dollar makes the world go ’round.

this is a tough one folks….if it is anyone else besides Buffett, i would say it is for the money….Many of you don’t know that, he is donating most of his fortune to the Gates Foundation which is charitable organization….He has three kids by the way and a number of grandchildren, yet he is leaving billions of dollars to give back…
…on the other side, if A-B is sold 3 years down the road, St. Louis will be destroyed economically…the brewery along with Grants’Farm will be closed…lots of jobs will be lost.
…A-B just can not reject the bid either as many retirement funds and 401k(s) have (BUD) stock, that will drop affecting the value of everyone’s holdings…this is a delicate issue to say the least…

Warren Buffett and others like him is what is wrong with America - people who are trying to make American disappear.

for those of you that are worried about grant’s farm, a-b doesn’t own it. a busch foundation does. in other words, no change unless the busch’s want to. as far as warren buffett, his business model is to buy good companies with good brands and good management. he then lets the current management run the company. his headquarters in omaha has fewer than 20 employees. a-b would be a natural for him to buy. 47 billion is peanuts to him. the reason he doesn’t is because of the lame management in place at a-b. he only invested in a-b because he was smart enough to see this coming. hell, he could buy inbev if he wanted to. you want to blame someone, blame the incompetent busch’s. those of you who think inbev should move their headquarters to stl., get a life. who in the hell would want to move to the crime capital of the u.s. busch the fourth could probably be mail boy at any other large corporation. when his own daddy thinks he is a dummy, what do you expect.

Okay … InBev has not destroyed other economies. The fat they cut is at the executive level & not employees. The execs of AB are screaming because they are going to be missing their cush jobs. AB’s distribution network will be InBev’s diamond. Grant’s Farm has NOTHING to do with the brewery. Buffett is pro American … yes, no faith in the AB’s mismanaged executive level.

Warren Buffett has an annual salary of $100,000 and has agreed that the vast majority of his wealth will be given to the bill and belinda gates foundation for charitable causes. he will leave his kids around a million each. he and charlie munger(his partner) regularly speak out about corporate misdeeds and exorbiant salaries of top execs. he is one of the best, if not best, corporate citizens. still lives in the same house he bought in the 50’s, drives his own car, no limo’s and does not rape the companies he buys.

Let’s see, it is a terrible thing for those terrible Belgiums’ to buy AB and take over and American business, but it would be a great thing for nice Americans and AB to take over Modelo and a great Mexican business. With that kind of twisted thinking, no wonder everyone hates us.

What would you expect from a greedy Republican financier like Buffet….oh wait…he’s a DEMOCRAT and a huge supporter of Obama.

This ought to also be a warning to everyone who owns anything subject to the capital gains tax. Buffet probably know that Obama is going to raise the rates through the roof. So, he will be selling anything he can before that happens. Obama often quotes Uncle Warren as saying a cap gains tax of 25% won’t matter. To him, I guess not. To the average American selling their stock or house, it matters a lot.

It is really good to see St.Louisians so passionate about the sale of AB to In-vest Bev.I wish we were that way with the war in Iraq.The war and the vast fortunes to run the war is costing us dearly.The war is directly causing the devaulation of the dollar,which is the main reason why In-vest Bev will soon take over AB.While Bush,Chenney and his cronnies soak in their oil fortunes they got from those bast**ds in Sudai Arabia,we will cried a tear in our beer!