THE NEWS has been drowned out by the Fannie Mae and Freddie Mac situation, but brewing behemoths InBev and Anheuser Busch have arrived at a purchase agreement. The deal will, in all probability, be a good one for Anheuser Busch, but the end of family control of that most American of companies has irked some citizens (especially those residing in St. Louis). With the Dubai Ports World fiasco still hovering in recent memory, many business types have wondered whether the deal might survice political pressure.
Well, according to Paul Krugman, the backlash has begun, in hilarious fashion:
“I’ll tell you one thing,” said the 21-year-old concrete worker during his lunch break at The Brick of St. Louis bar, in the shadow of this city’s storied Anheuser-Busch Cos. brewery, “if Budweiser is made by a different country, I don’t drink Budweiser anymore. I’ll go back to Wild Turkey.” (Wild Turkey, a Kentucky bourbon, is owned by French drinks giant Pernod Ricard SA.)
Not that funny for the American workers who would continued to be employed by InBev-owned Anheuser Busch, however.
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Well, Budweiser even with this time of crisis is still giving a great advertisement. The problem would be with the consumers, many for sure would think twice to afford beer. More people are in need of financial assistance and a payday loan more often than ever. However, the Super Bowl continues to attract many viewers and fans, and still is bringing in the dough. Despite a faltering economy and the rising cost of Super Bowl ads, the spots are selling. Advertising a product or service during the Super Bowl could cost an average person an arm and a leg. Super Bowl commercials are now at $3 million for a 30-second spot, way more than any payday loan will get for you. Anheuser Busch this year spent $27 million for four and a half minutes of advertising. General Motors and FedEx, who won awards for its spot last year, will not be advertising this year because of other financial priorities. To find out who else is making commercial cuts this year at the Super Bowl, check out this article on the payday loan money blog at PersonalMoneyStore.com.
ha ha ha Flotsam and Jetsam hmmmm.
I would think "everything's up for sale" to finance and "lure home" the huge American Dollar defisit. Inflation is not a good situation.