How The War Lead To The Death Of (American) Budweiser
by howardpark, Mon Jul 14, 2008 at 06:10:40 PM EDT
This Bud is for Big Oil, War Profiteers & Europeans, Middle-Class Americans Lose Again
The takeover of American icon Anheuser-Busch by Belgian Brewer InBev, a company that barely anyone had heard of 5 years ago, is another example of how middle-class Americans are paying dearly for the failed war in Iraq. Simply put, the result of the war is sky high oil prices, a major inflationary pressure, and the worst economy in a generation. In the process the dollar has dropped like a stone. Imagine what the real estate crash has done to home values in a world economic context -- given dropping property values and the dropping dollar, many homes have declined in the neighborhood of 50%, ouch! Call me a whiner but it's the truth.
Given the dollar's record low, America has become one big garage sale for countries that don't squander their prosperity on unneeded wars. Who can blame InBev for spotting Budweiser and the Clydesdales in the 50% off bargain bin? Of course. the real losers are thousands of union brewers, skilled craftsmen and white collar jobs not just in St. Louis but throughout the country. Budweiser will still be around but much of what built the brand & the company will be in Belgium. Inbev knows as much about cost-cutting as it does about beer.
Wars have consequences. Of course, the supreme consequence is the loss of thousands of mostly young Americans. Nothing else comes close to their sacrifice & that of their families. Unnecessary wars also hurt everybody. There is no doubt that a huge result of this war is high oil prices and opportunities for the speculators to drive prices up with every new bombing or attack anywhere in the Arab oil heartland. We pay more & more for oil and its just natural that one way we pay to fill up the tank is to lose American companies entirely.
Anheuser-Busch won't be the last great American company sold to pay the ever increasing oil bill. Republicans and their war-profiteer & lobbyist friends win either way -- if oil goes up the value of oil companies goes up, just ask George W. Bush and Dick Cheney, two oilmen/war contractor execs who have done very well over the last 7 1/2 years. In the meantime, big oil won't even drill where existing laws allow it There are over 41,000,000 acres in the outer continental shelf have been leased for oil drilling, yet only 8,123,000 acres are in production.
Oil, the war and the economy are not distinct issues. The world economy is linked as never before. The war has equaled a failed economy for 99% of Americans. Democrats need to be relentless in connecting the dots. It's not a pretty picture but it's the first step toward persuading middle class Americans that they are paying in blood and at the pump for the failed Republican policies.