In a sad turn of events, one of the most successful and powerful American businesses is no more. Anheuser-Busch has been bought out by a Belgian company, InBev, who make Stella Artois and Beck’s beers.
While attending college these last four years, whenever I bought a case of bud light or natty I was proud it was a symbol of my country. I even bought stock in the company because I knew nothing could beat it. So I was caught off-guard when I read the small headline on the CNN website that said of the buyout. I couldn’t believe what I was seeing, I had to read it twice.
I suppose that’s what happens in a weak economy. I’m sure the current economic status of America could have something to do with it, maybe the business was just trying to bail out before the economic shit really hits the fan. With the Fed bailing out Bear Sterns, Fannie Mae, and Freddie Mac, this is probably the first of many companies in America that will jump ship from a sinking economy and dollar.
One of the reasons why America is so powerful and influential is because of its companies. As evil as they are, when we lose them we lose our cultural reach and soft power around the globe.
If you liked this post, buy me a beer. (Suggested: $3 a beer or $7.5 for a pitcher)
One Comment
I too am saddened by this turn of events - I’m showing my solidarity with the Americana aspect of AB at https://www.thepoint.com/campaigns/keep-bud-american - a campaign against the buyout.
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[...] have significantly changed in the past week. Although I am saddened by the fact that Anheuser-Busch is no longer an American beer, the news that the SUV, hummer, and easy loans have been wiped off the map has left me optimistic [...]
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