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Post by Snake Eyes on Jul 15, 2008 0:30:24 GMT 12.75
I am and I want to . What a day in American business history. Oh,I know 53billion is a lot of money,and investors will make a few bucks,some many,many,many bucks. No major American beer Company is now owned by Americans. Coors to Canada,Miller's to South America and now Bud to a Belgian company. If you own Wal-Mart stock,hold on to it,they may be next. If you own Bud stock,dump it,I look for a short term American backlash. Just some thoughts from one pissed off guy. snake-eyes , Wonder what will happen with the Clydesdale horses??? Probably be replaced with those white Lipinshit ponies
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Post by Paws on Jul 15, 2008 2:18:10 GMT 12.75
It don't matter cause we all going to end up drinking Mexican beer anyway!
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Post by brittonfaith on Jul 15, 2008 4:00:36 GMT 12.75
Mexican beer like heck. With grain prices they way they are, it'll be home brew. I'm already planning on sowing the yard in barley and hops.
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Post by OLKoot on Jul 15, 2008 6:22:07 GMT 12.75
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Post by Snake Eyes on Jul 17, 2008 23:39:37 GMT 12.75
It is also my understanding,that a great many of the upper executives will either be retired or transferred out of the country.Either way I am sure they will be financially, well taken care of. I have a couple friends that work for Budweiser at the Columbus brewery,both have 20+ years of service. One a union man and the other in a low level management position. Both have almost been promised a lucrative retirement buy out.We will see When you hear the word layoff it insinuates you will be called back.I don't think so What you will see is some serious downsizing. In all honesty I don't see any union having any great influence with a Belgian Co. Think about it! Just the land involved by Budweiser is probably worth millions if not billions. So a Union tells this Belgian Co we want this or that or else! The Co says it will be or else.Sells off all properties in the Country, most likely to another foreign co.Then moves all brewery operations to second or third world countries.Union problem solved Of course this is the worse case scenario,but on the other hand snake-eyes
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Post by Toby Benoit on Jul 24, 2008 14:28:37 GMT 12.75
Yep, I've drank my last Bud! I ain't gonner give them another damn nickel! I'll stick with Icehouse! Wonder what they'll do with the theme park? Busch Gardens in Tampa is huge! Wonder if it's part of the package? If so....I've been there for the last time already too!
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Post by Paws on Jul 24, 2008 23:17:48 GMT 12.75
Back to PBR for me I think as far as domestic. I used to do Hudepohl, Schlitz, and Blatz; but try finding them now! I'll drink Tecat'e and San Miguel when I can find them or Foster's , very rarely a Kirin or Suntori and that is about it.
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Post by Snake Eyes on Jul 25, 2008 0:41:41 GMT 12.75
Well, I have not drank beer for at least the last 15 years,but when I did it was PBR. Been drinking Old Crow bourbon for a long time and as far as I know it is still being distilled in KY. But who really knows. Toby, It is my understanding that all A/B properties are involved in the buy/out including the Fla gardens. Only thing I have not heard mentioned are the Clydesdale horses and the farm they are bred and trained on. I really don't think this is an issue of A/B selling a beer Co as much as they sold a piece of America and Americana. I personally loath A/B for letting this happen, and they will never make enough charitable contributions to change my mind Have I mentioned that I am pissed off.Well there I said it! snake-eyes
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Post by othmar on Jul 25, 2008 4:00:35 GMT 12.75
Unfortunately with globalization and the American economy hitting rock bottom we will see a lot more of this happening. The sentiments shared here are pretty much how other countries feel when American companies buy out their “national icons”.
Fortunately enough a Belgian company has purchased Budweiser- the masters of beer making. Generally Europeans are much more respectful of other nations traditions than the other way around and rarely settle for less than top quality products and service and that might very well bring an improvement of Budweiser.
When a Swiss bank purchased the bank of America the service improved and so did the interest rates for large and small investors. When Mercedes-Benz purchased Chrysler the quality of the vehicles got a lot better and they produced more cars. The list of American companies owned by Europeans could go on forever and so could the list of European and other countries companies that are owned by Americans.
I have never been a big fan of unions. In fact I view them as a criminal organization. At one time they had their place and a need to fulfill but then they got to powerful. The unions have to carry a large portion of the blame for the economy disaster with their wok less get paid more agenda. Nowhere in the world have I seen more ridicules conditions than in America and Canada, where in large companies workers forced to join the union and where a business owner can’t make any decision without asking the unions approval. It is this hideous power the unions have that forces industry out of the country because they simply can no longer meet the never ending demands and obligation bullied on to them by the unions.
Europeans, with exception of England, are not bound and gagged by unions. What they usually do, as in the Mercedes case, is to get rid of all the surplus staff and extras. Then they clean up all the silliness that stands in the way of efficiency. Ones the cleanup is done production raises steeply and more workers are hired. Mercedes Benz-Chrysler, the Bank of America and other European owned companies hire today more staff than before the takeover.
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Post by Toby Benoit on Jul 25, 2008 9:43:07 GMT 12.75
Yeah, but Chrysler and Bank Of America aren't Americana. This is equivelent to someone painting a mustache on the Statue Of Liberty, Making the Yankees play ball in kimonos, or taking away Dolly Parton's wigs. Budweiser WAS America's beer. As far as that stuff about Europe being more respectful of America's icons than the other way around. Maybe we're just too cocky because none of the Euro. countries would have a pot to piss in, except Switzerland, were it not for the US's roll during and post WWII. It took sixty years and billions of western dollars to build the prosperity EU's been enjoying of late. Of course, the Swiss didn't need us. They took care of themselves throughout the last century, so I guess they got a right to thumb their nose, but Belgium and the rest sure don't! I got no grudge on them for snapping up a bargain, but I got a hell of a grudge on AB for letting them!
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Post by Snake Eyes on Jul 26, 2008 1:07:47 GMT 12.75
Yeah, but Chrysler and Bank Of America aren't Americana. I got no grudge on them for snapping up a bargain, but I got a hell of a grudge on AB for letting them! Toby, I agree whole heartedly,I have no ill feelings towards the buyers. It was AB that sold out America,not the buyers. You really have to wonder just exactly how much money does a company have to make to stay American.Apparently millions are not even an acceptable amount anymore. snake-eyes
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Post by Kirbyhill on Jul 26, 2008 1:22:36 GMT 12.75
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