Is America for sale?

[Joe Mioux]

AB also has an ownership interest in Mexico's Gruppo Modelo (Corona). They may try a merger with them in order to stave off the InBev offer.

InBev might have to pony up another $5 per share to get AB, also.

ONe other issue. InBev is going after AB right now because the U.S.$ is very week against the Euro$. In other words, InBev is buying cheap or atleast cheaper if the U.S.$ wasn't so weak.

joe

 

[Lizi]

I also stated in the thread that the US dollar wasn't worth a dollar anymore.

AB also has an ownership interest in Mexico's Gruppo Modelo (Corona). They may try a merger with them in order to stave off the InBev offer.

InBev might have to pony up another $5 per share to get AB, also.

ONe other issue. InBev is going after AB right now because the U.S.$ is very week against the Euro$. In other words, InBev is buying cheap or atleast cheaper if the U.S.$ wasn't so weak.

joe

 

[Joe Mioux]

I also stated in the thread that the US dollar wasn't worth a dollar anymore.

I missed it, sorry.

Lizi, I wasn't being critical of your post. Believe me, from a past career, the media gets ALOT of news stories completely wrong.

This is one of those times.

Joe

 

[Lizi]

No problem, just ticked with a customer today and maybe thats coming across in my post. I will have to watch that. I will try smiling while I post, maybe that will help.

 

[A's Garden]

America Sold Out a loooonggg time ago....

lots of good comments in all of the above posts - but the true tale is in who owns America (our colossal debt, that is). China and Saudi Arabia own a very large chunk of it I believe, and they continue to support our massive deficit gladly - because it gives them ultimate control of our "leaders" and their (our) pocketbooks

companies are driven by market forces (all of the proud Walmart shoppers out there) to manufacture in China or wherever it's cheapest - or go out of business.... my husband worked for a fortune 500 company that based their product development decisions (i.e. whether or not a particular product would ever get to market) based on whether or not Walmart would carry the product - with Walmart pulling the strings on the price point, if they didn't meet Walmart's price - the plug would be pulled on that particular product. It's outrageous!

I'm all for capitalism and a free market, but our current system is so manipulated that it's absolutely broken. Have no idea where to start to fix it, but we're here plugging away for the almighty dollar nonetheless :tread:

 

[Joe Mioux]

Heard on the news this afternoon, that since AB wants to buy the remaining 50 pct of Grupo Modelo (they own 50 pct of the company now), InBev has contacted the Mexican Brewer and told them that they will buy them out as well.

G\M, is family owned. So the family now possibly have two buyers.

Joe

 

[Gilliland]

Wildflower, that is exactly what I am saying, no implications. We had more US jobs before NAFTA than after, the only one that has really benifited from NAFTA is WalMart. What happen to WalMarts "Made in America". NAFTA came along and so much for WalMarts "Made in America". Ask the employees of Zippo, Murry, Rubbermade......

Congress has just passed a energy bill that requires the elimination of the incondeciant blub by 2014 and replace it with the florisent blub. Not a single one of these florisent blubs are made in America, all are made in China. What are our employees of Phillips and Corning Glass going to do?

This is NAFTA and it is really helping with US jobs in your hometown. I guess you, like us all, really benifit from those cheap China made baskets, silk flowers, etc. If that is how NAFTA is helping me, I would rather sell a higher priced basket and fresh US grown flowers to the people that have jobs in my hometown.

You will never convince a community of 25,000 that has loss over 75% of its local retailers to WalMart and over 1,000 jobs because of NAFTA. An you imply that NAFTA is good.

Is America for sale? and it is still spelled
N.A.F.T.A.

 

[Joe Mioux]

Is America for sale? and it is still spelled
N.A.F.T.A.

No America is not for sale. Given our industrious nature as a country we need to be buying up every other country's business's.

However, the time isn't right. Weak dollar.

I view Nafta as a good thing (it might be the one thing President Clinton did right). Let competition flourish.

Joe

 

[wildflowerschicago]

Wildflower, that is exactly what I am saying, no implications. We had more US jobs before NAFTA than after, the only one that has really benifited from NAFTA is WalMart. What happen to WalMarts "Made in America". NAFTA came along and so much for WalMarts "Made in America". Ask the employees of Zippo, Murry, Rubbermade......

Congress has just passed a energy bill that requires the elimination of the incondeciant blub by 2014 and replace it with the florisent blub. Not a single one of these florisent blubs are made in America, all are made in China. What are our employees of Phillips and Corning Glass going to do?

This is NAFTA and it is really helping with US jobs in your hometown. I guess you, like us all, really benifit from those cheap China made baskets, silk flowers, etc. If that is how NAFTA is helping me, I would rather sell a higher priced basket and fresh US grown flowers to the people that have jobs in my hometown.

You will never convince a community of 25,000 that has loss over 75% of its local retailers to WalMart and over 1,000 jobs because of NAFTA. An you imply that NAFTA is good.

Is America for sale? and it is still spelled
N.A.F.T.A.

Rod, I understand your sentiment, however N.A.F.T.A. has no implications on our trade (or our debt for that matter) with China. It is the North American Free Trade Agreement.

I totally agree that there is a HUGE trade imbalance with the far East. We are all unwilling consumers of their goods like it or not (silks, baskets, giftware). As long as the economy and the consumers dictate that $ is king, we will have to import our hardgoods and change them to a modified "Semi made in America" just like some of the car companies (Toyota, Honda).

 

[Joe Mioux]

We had more US jobs before NAFTA than after, the only one that has really benifited from NAFTA is WalMart.

Rod, I don't believe this statement is accurate. The economy has continued to grow since NAFTA. This means more jobs.

They may not be mfr'g jobs but I believe there are more U.S citizens employed by U.S. co's today, than there was prior to NAFTA.

However, like Amy has mentioned, this thread really isn't Nafta related.

joe

 

[Gilliland]

Nafta

That is the problem with NAFTA and the Washington spin on the name, it provided "FREE TRADE" with the entire world, not just North America. If I recall, North America is just the US and Canada. It took off tariffs on imported goods and services that we had been charging since the stamp act of circa 1800's.

The Trade with China, Mexico, India, etc. is all the result of NAFTA. I included India for they provide a very large porition of the call centers we deal with each day. I mentioned over 1,000 jobs lost in my community, well 130 of those jobs went to India as a result of NAFTA. I was one of the owners of the call center in my community that lost those jobs to India, so I know very well why those jobs were able to go to India, NAFTA took off the tariffs of intercountry telecommications vie sattilite. By the way, most of the satilites that transfer those call center communications to India are owned by the French. NAFTA allowed them to use our technology to send jobs to India.

Fair Trade and compitition is good if the wages paid workers are comparable and HUMAN RIGHTS are the same. Try to buy clothing made in the US, we also lost 435 jobs from our community when Cowden Mfg, closed and their clothing contracts went to China and Mexico, Union Underwear Company in Campbellsville, KY loss over 2,400 jobs to China and that was hard for a community of 34,000. Also 3 florist in Campbellsville closed shortly after Union closed their plant.

NAFTA strikes again.

Is America for sale, you better wake up and beleive it and it is still spelled NAFTA.....................

 

[Gilliland]

Joe, the fact that forigen companies can buy so much is the US is directly related to the tariff provisions of NAFTA. Many companies in the US are now directly owned by forigien compaines, prior to NAFTA those forigien companies could only own and control a minority share of any US corp. Prior to NAFTA forgien citizens could own a minority share of a US company, after NAFTA forigien corperations could buy and control 100% of a US company, like Delmar Chysler. I hate to tell you but NAFTA has had a effect on the Sell of America.

We all need to study and learn the effects of NAFTA......... It was not a good thing for the United States of America.........

 

[bloomz]

But people like bloomz, penalized these companies because foreign companies whose costs were much lower brought products into this country at prices our companies couldn't match. They used their cost advantage to make a higher quality product. He gets mad at the politicians because the cost of living of this life style keeps rising, but he has no problem justifying why he need not contribute to the solution.

I don't know why you feel that need to try to drag me into all this other than your blinded view that liberals must be the ones that caused everything, and I make an easy target.

You would have me buy lessor quality at higher prices to fund what - Union Wages? Is that some kind of conservative principle???

You still think Sadaam attacked the twin towers, don't you, Fox?

As your beloved George sells more and more of the US to his family friends the Saudis, you turn a blind eye to that. He was even going to sell our ports to the Middle East, remember, or do memories and realities like that pain you too much?

Here's yer hero in action again - he's done such a wonderful job, hasn't he?

Something about that picture says somebody is getting screwed, if it ain't georgie and abdullah whatsisname why it must be....

The American Public!!!

ahhh but many of those Japanese products are made in America.

My Honda motorcycle is made in Marysville Ohio with over 90% american parts.

And I believe I forgot to say - by American workers.

 

[goldfish]

Maybe we are seeing the end of American Empire, dunno. It lasted >50 years since after WWII. It seems to me that we kind of lost energy in the last 10 years or so.

Average Americans have become more self-indulgent and angry, for sure (except for a brief period after 9-11). Our kids aren't doing well , compared to other countries.

Maybe we are seeing decadence? Scary thought...

 

[Joe Mioux]

Joe, the fact that forigen companies can buy so much is the US is directly related to the tariff provisions of NAFTA. Many companies in the US are now directly owned by forigien compaines, prior to NAFTA those forigien companies could only own and control a minority share of any US corp. Prior to NAFTA forgien citizens could own a minority share of a US company, after NAFTA forigien corperations could buy and control 100% of a US company, like Delmar Chysler. I hate to tell you but NAFTA has had a effect on the Sell of America.

We all need to study and learn the effects of NAFTA......... It was not a good thing for the United States of America.........

Rod, I am not sure how I got drug into the NAFTA debate with this thread, but it has always been my understanding that NAFTA was an agreement between Mexico, Canada, and the U.S.

Hence its name North America Free Trade Agreement.

I don't know where you are deriving any additional agreements with countries other than these three.

Let me be crystal clear. I like free trade. Politicians like "fair" trade. Closed borders will doom the United States.

I still remember the CEO, of a previous employer with worldwide offices, walking out of a meeting (closed circuit press conference) telling me he was for "fair" trade not necessarily free trade. That was the summer of '85.

I am optimistic by nature. We can do anything we want, as long as we don't have obstacles in our way.

joe

p.s. A.B. IV, had a meeting with Warren Buffet. The Oracle of Omaha owns 5 pct of Anheuser Busch. AB really wants to remain independent.

Also, the InBev investors are now beginning to question this acquistion. They may be going too much in debt with this buyout....

this stuff fascinates me! I love learning.

 

[Joe Mioux]

IYou would have me buy lessor quality at higher prices to fund what - Union Wages? Is that some kind of conservative principle???

jb, are you saying that the Unions support the Republicans?

As your beloved George sells more and more of the US to his family friends the Saudis, you turn a blind eye to that. He was even going to sell our ports to the Middle East, remember, or do memories and realities like that pain you too much?

and.... jb are you saying that GWB is promoting the sale of AB to the Belgium based InBev co?

joe

 

[bloomz]

jb, are you saying that the Unions support the Republicans?


and.... jb are you saying that GWB is promoting the sale of AB to the Belgium based InBev co?

joe

I think I'll take no to both for $50, Alex.

 

[Lizi]

Maybe we are seeing the end of American Empire, dunno. It lasted >50 years since after WWII. It seems to me that we kind of lost energy in the last 10 years or so.

Average Americans have become more self-indulgent and angry, for sure (except for a brief period after 9-11). Our kids aren't doing well , compared to other countries.

Maybe we are seeing decadence? Scary thought...

Like I said. Are we turing into ROME? The all powerful Rome. The simularities are scary.

 

[goldfish]

Like I said. Are we turing into ROME? The all powerful Rome. The simularities are scary.

Could be. The end of Empire is always like that.

A friend of mine is an immigrant originally from Serbia. Last year, he has emmigrated out of the US with his entire family. He is now an American citizen living in New Zealand. He said he feels a lot "better" out there.

I guess what he means by "better" is to have a simple, happy life... without fear of getting laid off so that the excutives can keep their paychecks, without fear of becoming sick and having no money to pay, and on and on.

America has stopped rewarding hard work, talents, and honest efforts. We only reward greed and gratification, no matter what means they use to achieve these goals.

Most Americans are just unhappy, despite the fact that we have the biggest GDP.

 

[Lizi]

NEWS FLASH: Bud accepted offer for 52 Billion, awaiting approval from the stock holders.

We all knew it was just a matter of time, took what 4 weeks?