Web Search powered by YAHOO! SEARCH
06.25.2008 9:02 pm

Rush pans politicians response to possible Bud sale

El Rushbo himself has weighed in on the possible sale of Anheuser-Busch to Belgian beer giant InBev. On his radio program this morning, Limbaugh read from my story on the mother ship about political worries that A-B donations might dry up after a sale.

Limbaugh believes that the politicians are crying crocodile tears about the loss of an American icon. He suggests all they care about is cash.

Here’s a transcript:

“We’ve all heard about the attempt by the European brewery, InBev, to take over Anheuser-Busch St. Louis for, what was it, 60-some-odd billion, and everybody had been worried about, “Oh, my God, oh, no, oh, no, we’re going to lose an American icon! This is horrible, this is horrible, they employ so many people,” and everybody has been having a cow about this, as you well know. Well, leave it to the Drive-Bys to get to the real problem here. I am holding, ladies and gentlemen, in my formerly nicotine-stained fingers a printed copy of today’s story in the St. Louis Post-Dispatch by Tony Messenger, and the headline says it all: “Would InBev Staunch the A-B Flow to Political Coffers?” Here we go. This is the real concern. I should have known it.

“When it comes to politics, Anheuser-Busch is more than the king of beers. It’s the Clydesdale of cash. The St. Louis brewery and its employees give big bucks to candidates without regard to party. The brewery is the 63rd-biggest corporate political donor in the nation over the last 20 years, contributing more than $11 million, according to the Center for Responsive Politics. In federal campaigns, A-B is No. 1 among beer and wine companies, giving nearly 10 times more in the current political cycle than SABMiller, according to the center. In the 2000, 2004 and 2008 federal elections, the company has been Missouri’s top corporate giver to political candidates and parties, and the race isn’t even close. And that has political fundraisers worried about A-B’s possible sale to Belgium beer giant InBev.

“‘It could have an impact on campaigns from U.S. Senate down to state representatives,’ said Republican political consultant and fundraiser John Hancock. ‘Without question, Anheuser-Busch has been the marquee financial supporter for political causes throughout the state.’” This is… (laughing) I’m so embarrassed that I didn’t realize this from the get-go. When all these politicians stood up and started whining and moaning about losing an American icon, I should have known it was BS. This is a legitimate fear. I mean, if this outfit’s given $11 million over whatever number of years, is some outfit in Brussels going to do that? They may give more, though. You never know, ’cause they going to have a lot of people upset with them for having bought Anheuser-Busch if this thing goes down.”

1 Star2 Stars3 Stars4 Stars5 Stars (6 votes, average: 2.67 out of 5)
Loading ... Loading ...
10 comments

Comments are closed.

Why doesn’t InBev buy Rush and move him to Belgium? That would be one American job I wouldn’t mind see going oversees.

— Richard
9:14 pm June 25th, 2008

Rush made a little fun of Senator McCaskill today about being an oil expert.

Read it and weep Rush http://www.goclairevp.4t.com/

Nothing personal Rush

— Steven Reed
9:53 pm June 25th, 2008

I thought it interesting that Gov. Blunt had his people look into the possibility of a Monopoly. Monopoly? Really? We still care about that? Cause Monsanto is looking awfully big… singularly big… almost Global in size.

— CHUCKtheFED
12:47 am June 26th, 2008

Even if you hate Rush, you have to admit that he brings up a valid point. Politicians are as greedy as they come — even more greedy than Big Oil execs. If they sense a loss of political contributions or tax dollars, their self defense mechanism kicks in. Want proof? A big chunk of your pump prices goes to the government. The politicians were proposing a “gas tax break” plan earlier this Spring. Do you remember that? Now did they do this the way that you and I would if we were trying to help others out? Of course not. They wanted to give us a break and take the money to fund it from someone else. It’s easy being generous when you take that approach.

— Think|
6:47 am June 26th, 2008

The amazing thing to me is that contributing just $11 million over 20 years puts AB in the top 100 corporate political donors. If you think about it, that really isn’t very much money.

— Nick Kasoff
10:29 am June 26th, 2008

Rush Limbaugh lies more than any politician I know, with the possible exception of Tom DeLay when he was in office.

— GR
11:06 am June 26th, 2008

If Governor Blunt and others are so concerned, take a cue from Florida Governor Charlie Crist - and have the state buy A-B. This is tongue in cheek - but if campaign contributions have tactitly made A-B the major player in the Missouri statehouse, who not just formalize the relationship? Then it’s just a bit of architectural tweaking to re-shape the capitol dome in Jeff City to look like a longneck bottle.

http://ap.google.com/article/ALeqM5hwwsvNZPeVERE_DtCJ5Y4×5xfiYQD91GHH082

— claude fields
12:37 pm June 26th, 2008
— Tim Hogan
3:44 pm June 26th, 2008

Touché, Richard! LMAO

— gaydem
11:18 am June 27th, 2008

Just as long as they do not outsource Rush’s oxycontin supplier.

— RHarnack
11:22 am June 27th, 2008