Anheuser-Busch sell's to Belgium's InBev ... still seems odd to me, too

Discussion in 'Congress' started by CA95380, Sep 6, 2008.

  1. CA95380
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    CA95380 USMB Member

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    If not odd .... then interesting :eusa_whistle: at least to me. :eusa_shifty:
     
  2. BruceWayne
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    BruceWayne Rookie

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    If Cindy personally owns $1 billion worth of stock (she doesn't), then she only owns what, 2% of the company?
     
  3. CA95380
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    CA95380 USMB Member

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    It's just Anheuser-Busch and her connection, which she had long before McCain ever came along. I think it's just the "timing" that seems odd. To me. I understand that there are a lot more companies being sold to foreign countries.

    http://www.nytimes.com/2008/01/20/business/20invest.html
     
  4. Modbert
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    Modbert Daydream Believer Supporting Member

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    It's true, with a weak American dollar and economy at the moment this country is ripe for the pickening.

    As you already saw, many companies that have been American owned for decades are being sold off to foreign companies. It may seem like alot in America dollars but then you have to take into effect how ONE euro is worth like $1.50-$1.70 in the US. That adds up to alot of money.

    Until we climb out of this recession/depression we'll only seen more of the same happening. It's sad and a damn shame.
     
  5. CA95380
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    CA95380 USMB Member

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    I could not have said what you said in (bold) better! It is very, very sad.
     
  6. Jon
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    Jon The CPA

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    Recession, where? Sure, times are bad, but, by definition, there is no recession.
     
  7. Modbert
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    Modbert Daydream Believer Supporting Member

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    That's like the argument where people say that it isn't a recession until the Gov't says so.

    A new Great Depression? It's different this time - Los Angeles Times

    I agree with this article, we will never see a recession/depression like we did then in the past. However, we will see something just as equally bad if not worse.
     
  8. CA95380
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    CA95380 USMB Member

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    I guess it is all in what we see, read, and hear.
    Economyincrisis.org - America's Economic Report - Daily

    Still very sad, js. and to be totally honest I don't see a good "fix" or answer in the next four years. :eusa_eh:
     
  9. Jon
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    Jon The CPA

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    It's not my argument that we are only in recession when we are told we are. Like I said, things are bad, but it's not a recession, and certainly not a depression.

    Recessions are necessary in the economy, and it's part of a cycle that cannot be stopped.
     
  10. Shogun
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    Shogun Free: Mudholes Stomped

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    I have not consumed an AB product since they bent over some some european vampire. In fact, I remember the day after this pathetic news I was in a subway bitching about it to a friend and the three people behind us in line quickly added their rancorous disappointment. i nominate Boulivard as Missouri's new state beer.


    BOYCOTT EUROPEAN BUDWEISER.
     
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