Another stab in the pants to the American male. Budweiser beer is not quite all-american as it’s been. The brewer of Budweiser, Anhauser-Busch, accepted a $49.9 billion bid from InBev, a Belgian company.
Kinda outsourcing the brewski management, eh?
InBev is reportedly very tough when it comes to cutting costs, so look out American workers.
“Anheuser controls nearly half the U.S. market with brands like Budweiser, Bud Light and Michelob. InBev, which was formed by the 2004 merger of Belgium's Interbrew with Brazil's AmBev, has strong positions in Western Europe and Latin America and is growing in Eastern Europe and Asia.
Together, they will easily pass SAB Miller to become the world's largest brewer by volume, as well as sales. Their combined revenues for 2007 come to $36.4 billion: Anheuser controls nearly half the U.S. market with brands like Budweiser, Bud Light and Michelob. InBev, which was formed by the 2004 merger of Belgium's Interbrew with Brazil's AmBev, has strong positions in Western Europe and Latin America and is growing in Eastern Europe and Asia.
Together, they will easily pass SAB Miller to become the world's largest brewer by volume, as well as sales. Their combined revenues for 2007 come to $36.4 billion.”
In one fell swoop over 50% of the American beer market becomes a foreign asset. Earlier this week it was the Chrysler building.
It’s hard to imagine something like Bud Beer being a non-American product. It’s almost up there with Mom and apple pie. Makes you think they might be next.
Naomi Klein talks about disaster capitalism at work. We’re seeing it here in the USA. Start an insane war, destroy the economy by failing to deal with mortally devastating addiction to oil, let finance institutions run wild, without applying regulations and you have a recipe for takeovers of industry after industry.
Blame the Bush administration for starting the war, for appointing cronies who look the other way at deals and regulation violations. But also blame the Democrats in congress for failing to take on Bush and for taking lobbyist money that has persuaded them to let to many deals pass and to pass legislation good for corporations and bad the USA.
Rob Kall is an award winning journalist, inventor, software architect,
connector and visionary. His work and his writing have been featured in the New York Times, the Wall Street Journal, CNN, ABC, the HuffingtonPost, Success, Discover and other media. He's given talks and workshops to Fortune
500 execs and national medical and psychological organizations, and pioneered
first-of-their-kind conferences in Positive Psychology, Brain Science and
Story. He hosts some of the world's smartest, most interesting and powerful
people on his Bottom Up Radio Show,
and founded and publishes one of the top Google- ranked progressive news and
opinion sites, OpEdNews.com
more detailed bio:
Rob Kall has spent his adult life as an awakener and empowerer-- first in the field of biofeedback, inventing products, developing software and a music recording label, MuPsych, within the company he founded in 1978-- Futurehealth, and founding, organizing and running 3 conferences: Winter Brain, on Neurofeedback and consciousness, Optimal Functioning and Positive Psychology (a pioneer in the field of Positive Psychology, first presenting workshops on it in 1985) and Storycon Summit Meeting on the Art Science and Application of Story-- each the first of their kind. Then, when he found the process of raising people's consciousness and empowering them to take more control of their lives one person at a time was too slow, he founded Opednews.com-- which has been the top search result on Google for the terms liberal news and progressive opinion for several years. Rob began his Bottom-up Radio show, broadcast on WNJC 1360 AM to Metro Philly, also available on iTunes, covering the transition of our culture, business and world from predominantly Top-down (hierarchical, centralized, authoritarian, patriarchal, big) to bottom-up (egalitarian, local, interdependent, grassroots, archetypal feminine and small.) Recent long-term projects include a book, Bottom-up-- The Connection Revolution, debillionairizing the planet and the Psychopathy Defense and Optimization Project.
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