Tuesday, July 15, 2008

The Budweiser Buy-Out

Guest commentary by Postmodern Conservative.

The coverage at The American Spectator is generally good. But everyone's entitled to say something stupid at least once and awhile. In this case it's G. Tracy Mehan, III ("This Bud's Not for You") waxing nostalgic about his hometown company, Anheuser-Busch, which has just been bought out by the Belgian mega-brewer, InBev. In his desperation Mr. Mehan says he's willing to abandon his "free-market, free-trade principles" all because of "an American brand." I'm just as nostalgic as anyone else at times, but when push comes to shove, A-B is an overrated producer of stale suds. So if InBev buys out a US brewery, what's the upshot? I imagine that most of the jobs will stay and, heck.... maybe the beer will get better! After all, the Japanese gave America better cars. That's what the market is all about.