Buffett backs InBev bid, Belgian newspaper says

Don’t blame Warren Buffett for this. Blame our government for purposely dumping the value of the dollar so that we can rescue the banking system that gave out loans to unqualified applicants. Now European companies can come in and sweep up American companies for about a 35-40% discount. The dollar is currently trading for .6444 Euro’s which translates that at even $65 a share, InBev is only paying $41.886 in Euros for A-B. I hope that the Busch’s have something up their sleeve to stave this off, but it doesn’t look good at all. Buffett only holds 5% of the company, so it will be up to shareholders to make a serious stink about this transaction. If you have shares either held by a brokerage firm or actually have the certificates in your possession, you need to vote against the InBev deal.

will Busch Stadium become InBev Stadium? Good luck to all the employees who will lose there jobs.

When the Germans bought Chrysler I was one of the millions who refused to buy one of their cars until they returned to American ownership. Fair warning to any AB buyers that I will switch my loyalty to other STL brands if AB is foriegn owned. IN-BEV: Beware the “Bud-Cott”.

Outsourcing is good for America. It lets us buy the cheapest stuff our unemployment checks can afford.

No one has done more to destroy the value of the $ than the failed energy policies of W. Bombs do not create petroleum reserves but does create death, destruction and other great costs, including subsidizing corporate acquisitions by foreign entities. Get back in your SUVs so more companies may be acquired cheaply and domestic jobs eliminated.

Having InBev buy AB won’t “kill” the St. Louis economy. It won’t be good but let’s put a little perspective to the conversation. Jobs will be lost, no doubt, regardless of what InBev says. Some management, sales, marketing jobs will be lost but the brewery will probably still operate. St. Louis and Missouri need to continue to find ways to attract businesses to the area. I believe having the right economic policies in place to attract businesses is much more important than keeping any one business in town.

I feel that this is probably the end for Anhueser Busch. With guys like this on the board what do expect. He obviously only cares about making money for himself, and not about America and American jobs anymore. He will be hapy as long as the deal puts money in his pockets and his buddies pockets, and to hell with America and it’s jobs. So sad, so very sad.

amen to boycotting AB products if this deal goes down. Oh wait, I don’t drink them anyway. No yellow water for me, please. The good news for everyone is that there are quite a few St. Louis area breweries that make excellent products. Try an O’Fallon, Schlafly, or Ray Hills for once. Discover what beer actually is supposed to taste like.

I believe we as American citizens should make one last stand against InBev by showing our American support for AB in AB’s backyard. We should get everybody from SaveAB.com and Savebudweiser.com and hold a rally in Soulard Bars. Here’s the catch, have all the Bars stock up and sell only Sam Adams Beer (which will be the last American Brewing Co if the deal goes through) at the all day rally, if you have enough people show up it will make national headline news. This will show InBev we as Americans will not drink a foreign owned beer at our American Football games, Baseball Games (America’s favorite pastime) or in our Bars.

Also, I respect Warren Buffet in his ability to make endless amounts money. However, I am disappointed in his patriotism. Don’t be surprise if you see him sell his 5% to InBev and turn around and invest it in SAM (Boston Brewing Company) because he knows their sales will improve if this deal goes through. Rest in piece AB.

It wasn’t all that many years ago that the extended Busch family owned a ton of BUD stock. Then THEY started squabbling with August III trying to stay in control and others wanting an immediate payout. THEY tried to tie the III’s hands and now they should be very happy. They get $65.00 a share and can now spend the money the their ancestors worked so hard to earn.