Benefiting from InBev deal: Cindy McCain?
While elected officials here clamor to block InBev’s acquisition of Anheuser-Busch, at least one political figure stands to gain from the deal: Cindy McCain. 
The wife of Republican presidential nominee John McCain inherited a Budweiser distributorship in Arizona, and owns a significant amount of A-B stock.
John McCain’s financial disclosure form filed with the Senate — posted online by the Center for Responsive Politics — shows Cindy McCain holds over $1 million in A-B stock.
And, because of the ambiguity of Senate disclosure requirements, her stake could be well over $1 million.
Either way, Cindy McCain stands to make a tidy profit if InBev offers investors a $65-a-stock premium.
Bloomberg and other financial wires have already reported on Cindy McCain’s potential windfall, but, so far, she has yet to make a comment about the pending deal.
Any windfall she receives, however, might be just short term gain.
Who knows what will happen to exclusive regional distributorships like Cindy McCain’s — the equivalent of finding a mint under the Christmas tree — with InBev at the helm?
Of course, the calculus is different for McCain, who has to balance her wealth with her husband’s political fortune. John McCain is already taking heat for his criticism of another major local employer, Boeing.
Losing the Brewery could be much tougher for Missouri voters to swallow.
I find it interesting that a family values candidate has a wife that makes money off of a company that sells alcoholic drinks packaged like normal energy drinks to entice children into that drug-filled lifestyle. And that Johnny wants to take energy resources away from future generations instead of developing already proven alternative energy sources.
Why don’t you all get as upset when we sell our military technology to folks we go to war with the next decade? That’s what is more important than a normal corporate takeover. That’s what america has become under conservatives…hostile takeovers, corporate welfare and smoke and mirrors.
I see Nicki Kasoff is back. Honey, this isn’t Fox News! Why don’t you go watch, or read, the great Moyer’s interview with with Rev Wright to see the difference between truth and soundbite-driven bias? Down near the end of the blog. You may learn something. Quite a bit different than the soundbites. I don’t think I saw you on here complaining about that soundbite propaganda. Maybe I missed you since JohnH is quite vocal at times and entertains us into facing in his direction. Go..learn…there will be a pop quiz soon!
http://truthabouttrinity.blogspot.com/search?updated-max=2008-05-04T07%3A27%3A00-07%3A00&max-results=7
Woody,
Oh, come on! “Death blow for St. Louis.” It would be unpleasant, but I certainly hope that the city of St. Louis would survive if A-B folded its tents and moved to Afghanistan and started making woven baskets. Surely we could survive on Coors, Millers and Kansas City’s famous Boulevard if we had to.
Hey, slugger, this post isn’t about Trinity UCC or Saint Obama. But since you’ve hijacked it, please read the below quote from their website, at http://www.tucc.org/black_value_system.html - note, this is not a soundbite or something quoted out of context. They explicitly say that black-on-black murder, and the incarceration of blacks, is part of an evil plot by somebody - presumably whites. This is loony. I wonder what Mr. Obama would have to say about this.
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Disavowal of the Pursuit of “Middleclassness.” Classic methodology on control of captives teaches that captors must be able to identify the “talented tenth” of those subjugated, especially those who show promise of providing the kind of leadership that might threaten the captor’s control.
Those so identified are separated from the rest of the people by:
1. Killing them off directly, and/or fostering a social system that encourages them to kill off one another.
2. Placing them in concentration camps, and/or structuring an economic environment that induces captive youth to fill the jails and prisons.
3. Seducing them into a socioeconomic class system which, while training them to earn more dollars, hypnotizes them into believing they are better than others and teaches them to think in terms of “we” and “they” instead of “us.”
4. So, while it is permissible to chase “middleclassness” with all our might, we must avoid the third separation method – the psychological entrapment of Black “middleclassness.” If we avoid this snare, we will also diminish our “voluntary” contributions to methods A and B. And more importantly, Black people no longer will be deprived of their birthright: the leadership, resourcefulness and example of their own talented persons.
That’s OK, it’s called business. At least they’re not involved in some shady real estate deal in Chicago like another politician we know
. And, Cindy said the other day she’s been proud of her country ALL HER LIFE, unlike Michelle Obama, who, like Cindy, has been blessed with the bountiful opportunities of the US of A. Something everyone should be proud of.
Two years from now when hundreds of St. Louis A-B workers have been let go, the brewery is just a shell of itself and philanthropy is down to zero, will anyone remember that on June 20, 2008 (Save AB Day) STL Business Journal chastised all efforts to thwart the sale to InBev, scoffed at politicians who called InBev to task and said all will be fine and that worry is for naught?
It’s all about the dollars, says Biz Journal. Now there is civic pride for you.
Why do the wingnuts think this is a “political statement” against McCain? If Cindy McCain cares at all about St. Louis, she can use her influence and publicly fight against the takeover. If she actually cares about St. Louis more than her wallet, it could be politically advantageous to the McCains. I guess you must be assuming that since they are Republicans, they will put their profits first, and I suppose you’re probably right.
I’m not shocked at all that Jake would make an issue out of this. How DARE Mrs. McCain have the ability to make a living, after all??
Not to mention ANYONE who decides they have to criticize Mrs. McCain in here as owning part of a company that makes beer!
Dare I remind you libs that Hillary Clinton used to serve on the board of that evil empire, Wal Mart?
If this is the issue that you’re going to point to as to why you’re going to be supporting Obama over McCain in November, you’ve got a long way to go to prove to me that you can think logically!
And Jake — you should be ashamed of yourself for even TRYING to make this an issue! The PD can’t wait to sing the praises of the many successes of Jerry Clinton in the St. Louis area — his claim to fame and fortune is that he owns the AB distributorship in St. Louis County.
Oh, that’s right — he’s not a republican (or married to one) that is running for office! Now it’s clear!
Do you have a link to the STL Biz Journal article on the efforts to stop the sale?
When will we see front page story in the PD about Michelle Obama benefiting from Mr. O’s earmarks?
I see little Nicki Kasoff didn’t read that interview yet! Dude, didn’t you hear about the military and other folks who experimented on the peoples of color giving them meds that killed many in the 30s and 40s? Thta’s a true part of history, and why many folks of color are suspicious about medical epidemics that occur. There are mnay systematic ways folks of color are treated that makes your position very undefendable.
It is a fact that folks of color are imprisoned more often and for longer than whites are for committing the same crimes. I know white suburban and rural folks who take drugs up and down the interstates in quantity. The same state police that let them sail on by bust blacks on the streetcorners for selling a pinch of the same stuff. We aren’t to the fair place you imagine we are by your post. Now read the interview and you’ll be smarter chick for it!