Quick Hits: Barack For Busch
Brief scrutiny of today's headlines.
Barack Obama wants Busch to remain an American leader. Anheuser-Busch (BUD), that is.
While President Bush steers clear of all things alcohol related, presidential candidate Obama is speaking out for American beer. At a news conference in St. Louis, where Anheuser-Busch is headquartered, Obama told reporters that it would be "a shame" if America's largest brewer were bought by Belgium's InBev.
A handful of Missouri politicians, led by U.S. Senators Claire McCaskill and Kit Bond, have spearheaded public opposition to the takeover. Last month, McCaskill told InBev's CEO that she plans to do everything in her power to prevent the buyout.
This is because the iconic brewer -- in addition to being a quintessential symbol of alcoholic Americana -- is an indispensable source of middle-class jobs for Missourians. Though InBev has pledged to retain all American plants, the threat of outsourcing looms large.
Obama, however, nimbly avoided any such anti-globalization rhetoric, and his remarks were typically even-handed: In the event that Anheuser felt it "necessary to sell," Obama said, "I think we should be able to find an American company that is interested in purchasing [them]."
Stars, stripes and cold ones - now that's an audacious vision. Maybe Senator Obama's got a thing for consistently mediocre beer.
Or maybe he's a sucker for those cute-as-a-button frogs.
For more on outsourcing, check out Hoofy and Boo's always astute report:
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