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07.15.2008 12:25 pm

This Bud is for big oil, war profiteers and Europeans; middle-class Americans lose again

St. Louis Post-Dispatch

The takeover of American icon Anheuser-Busch by Belgian Brewer InBev, a company that barely anyone had heard of 5 years ago, is another example of how middle-class Americans are paying dearly for the failed war in Iraq.  Simply put, the result of the war is sky high oil prices, a major inflationary pressure, and the worst economy in a generation.  In the process the dollar has dropped like a stone.  Imagine what the real estate crash has done to home values in a world economic context — given dropping property values and the dropping dollar, many homes have declined in the neighborhood of 50%, ouch!  Call me a whiner but it’s the truth.

Given the dollar’s record low, America has become one big garage sale for countries that don’t squander their prosperity on unneeded wars.  Who can blame InBev for spotting Budweiser and the Clydesdales in the 50% off bargain bin?  Of course. the real losers are thousands of union brewers, skilled craftsmen and white collar jobs not just in St. Louis but throughout the country.   Budweiser will still be around but much of what built the brand & the company will be in Belgium.  Inbev knows as much about cost-cutting as it does about beer.

Wars have consequences.  Of course, the supreme consequence is the loss of thousands of mostly young Americans.  Nothing else comes close to their sacrifice & that of their families.  Unnecessary wars also hurt everybody.  There is no doubt that a huge result of this war is high oil prices and opportunities for the speculators to drive prices up with every new bombing or attack anywhere in the Arab oil heartland.  We pay more & more for oil and its just natural that one way we pay to fill up the tank is to lose American companies entirely.

Anheuser-Busch won’t be the last great American company sold to pay the ever increasing oil bill.  Republicans and their war-profiteer & lobbyist friends win either way — if oil goes up the value of oil companies goes up, just ask George W. Bush and Dick Cheney, two oilmen/war contractor execs who have done very well over the last 7 1/2 years.  In the meantime, big oil won’t even drill where existing laws allow it  There are over 41,000,000 acres in the outer continental shelf have been leased for oil drilling, yet only 8,123,000 acres are in production.

Oil, the war and the economy are not distinct issues.  The world economy is linked as never before.  The war has equaled a failed economy for 99% of Americans.  Democrats need to be relentless in connecting the dots.  It’s not a pretty picture but it’s the first step toward persuading middle class Americans that they are paying in blood and at the pump for the failed Republican policies.

Howard Park

Washington, DC



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18 comments

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If this worthless drivel represents the prevailing attitude in DC, well I guess that explains a lot.

— Realitycheck
1:00 pm July 15th, 2008

is there nothing that the fools on the extreme radical left won’t blame on Iraq?

Bud appears cheap to foreign investors because the dollar is low. The dollar is low because interest rates in the US are lower than in other places, notably Europe. Our interest rates are lower because the Fed lowered interest rates to combat the fallout from the housing bubble bursting.

Oil prices are high for several reasons, mainly because of high demand from China and India. China has used as much energy in the last 2 years as it has in the prior 8 years. Plus, the intransigence of the Democratic Party in refusing to allow even the most reasonable compromise on offshore drilling has kept supplies artifically low.

George Bush is the President, Dick Cheney is the Vice President. They are not oilmen nor war profiteers. Their financial assets are held in blind trusts. The only war profiteers are the Democrats who seek political advantage from the war in Iraq, a position that even The Obamamessiah is abandoning as even he can no longer deny the sucess of the surge. Just today we dind that The Obamamessiah has removed all of his critisims of the surge from his website. Orwell would be proud!!

So keep it up Howie and Democrats, keep making yourself look like fools by trying to connect dots where they don’t exist.

— tim jones
1:09 pm July 15th, 2008

Dont we have enough left wing moonbats in St Louis with out having to print letters from Washington DC?

— Si Vis Pacem Para Bellum
1:16 pm July 15th, 2008

God almighty, now Bush is responsible for the AB sale. I’m curious if he was ever spotted on the grassy knoll, or Amelia Aerharts plane. Maybe he shot Vince Foster too.

— whitelightnin
1:31 pm July 15th, 2008

Right-wingers seem to think that fighting two simultaneous billion dollar wars on two fronts for six years is a mere bagatelle. Why not fight a couple more? it won’t affect the domestic economy, right?

— rxp71105z14
2:22 pm July 15th, 2008

“God almighty, now Bush is responsible for the AB sale.” That’s bulls***! We all know it’s Clinton’s fault. Wait a minute, maybe Al Qaida is behind all this. A suicide bombing of the Clydesdale barn? Muslims do not allow the drinking of alcohol right? Their trying to turn us all into Muslims by depriving us of our local brew. Bug the brewery! Bug Belgium! Bug a Brito! Somebody, bug sombebody…anybody…we must save America.

— -jp
3:27 pm July 15th, 2008

Can’t wait until I start drinking my icy cold budweiser from a shorter green bottle.

Well, maybe it’s not directly associated with the Iraq war more then the overall fiscal policies of the Bush administration have caused the current economic crisis we’re in. Unbridled spending at rates that would make Ted Kennedy blush certainly doesn’t help. No effort to strengthen the US Dollar….ummm, excuse me…the Chinese Dollar. The letter writer does have a valid point. With the weakened dollar, all things US are cheaper for foreigners to buy. This includes real estate and the world’s most famous brewrey.

Bush’s economic policies have failed, it’s that easy to see out there. Ask anyone who has to put gas in the tank, food on the table, pay a mortgage, find a job…whatever. The entire middle class has felt the effects of this recession, depression, correction, slump…whatever it is you want to call it…at some point the stock market will fall below 10,000 points again. Can you really say that Bush’s economic policies are successful?

— Constance Manly
3:38 pm July 15th, 2008

Constance, at some point the Dow will rise above 14,000 again as well. What’s your point?

What do you think wise investors are doing right this moment? Snatching up bargains? You betcha.

— Amazedbythelunacy
4:16 pm July 15th, 2008

the President does not run the economy. the economy runs itself. This is Capitalism 101. The government does not tell GM how many cars to make, GM figures this out on its own. GM has done a lousy job of this, therefore they are at risk of going out of business. C-a-p-i-t-a-l-i-s-m.

100th time-oil/gas prices are high largely because of Chinese/Indian demand. Food prices are rising because of demand for corn, beans, and grain in China and India, as well as other emerging markets. these populations are growing and becoming more affluent. Hence, they want more meat in their diet, which means more animals to feed.

— tim jones
4:40 pm July 15th, 2008

Howard Park:

“… middle-class Americans are paying dearly for the failed war in Iraq. Simply put, the result of the war is sky high oil prices, a major inflationary pressure, and the worst economy in a generation. In the process the dollar has dropped like a stone.”

Simply put, you don’t possess the faculty to keep your fingers out of the fire. Oil is “sky high” in Continental Europe, Japan, China and Zimbabwe, none of which lifted a finger to help the effort in Iraq. “The worst economy in a generation” was plagiarized from a garter thrown at a same sex wedding celebration and “the dollar has dropped like a stone” is idiotic on it’s face. A low dollar makes our exports more desirable even though a few pampered dolts at a local brewery are afraid they may have to get a real job.

The major inflationary pressure other than oil is certainly not housing, but food and was caused by a Democratic President and a Democratic Congress mandating Ethanol be added to gasoline to “purify the air” in 1994. That happened while Bush was still a baseball executive in Texas, hardly the prime mover position to control inflation. Ethanol demands have skyrocketed corn production, causing grain foods to be planted on fewer acres while demand was constant or growing for table and animal food.

— Iconoclastic Sage
5:49 pm July 15th, 2008

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