I Miss Budweiser

[Scotty B]

As a fan and racer in offshore, I can tell you our sport is not the same without the Bud Lite team out there on the course with us, not to mention the Seabold family in the tunnel boats. The Busch family and Budweiser are synonimous with boat racing and helped put our sport on the map. After two races this year without them I had to voice my displeasure and encourage you to do the same.
I just went on there website and explained why I will no longer purchase any product of theirs. Here is the link, http://budweiser.com/index.aspx

 

[Dude! Sweet!]

Good call Scott. A few of us 250# - 300# guys should throw our weight behind the sport we love and show Bud what that exposure was worth. I'm a half time bud drinker, but I'll pull back to zero. Keep up the good work!

 

[Sea-Dated]

Good call. I will voice my opinion as well..........

 

[TCEd]

So you guys think Bud's parent company pulled the plug because offshore racing was selling their products ?
ed

 

[gerritm]

Isn't Budweiser owned by a foreign company now?

 

[Ratickle]

Isn't Budweiser owned by a foreign company now?

Yep. Most corporations in the US will end up that way I think. We have the highest corporate taxes on the planet, and are talking of raising them (eliminating loopholes:sifoneagain....

 

[Dude! Sweet!]

So you guys think Bud's parent company pulled the plug because offshore racing was selling their products ?
ed

I think Bud's parent company thinks that NASCAR is the only necessary marketing avenue in the US, so it pulled the plug on Offshore, circle boats, drag racing, etc...

I don't think they see the value of marketing through those other avenues and maybe if a couple thousand case-a-week guys make some noise, they'll rethink their franco-centric marketing ideas... Eh, Rickeee Booobie...

 

[Dude! Sweet!]

Yep. Most corporations in the US will end up that way I think. We have the highest corporate taxes on the planet, and are talking of raising them (eliminating loopholes:sifoneagain....

We were just going over this with some of our international tax guys this morning. US is #2 (I think) behind Japan in major industrial nations effective tax rate on multi-nationals. We'll be #1 when Japan revises their tax structure this year and #1 with a bullet if the current administration gets what they're asking for...

 

[fund razor]

Good call Scott. A few of us 250# - 300# guys should throw our weight behind the sport we love and show Bud what that exposure was worth. I'm a half time bud drinker, but I'll pull back to zero. Keep up the good work!

Present.
Screw it, the Coors light is the same price.
F Budweiser. The Queen of beers.

Seems like every time some corporate entity with the initials IB gobbles up a brand they ruin it.
(InBev)

 

[Sean H]

let's not forget 'Miss Budweiser', the most famous name in boat racing ever.

although I doubt emails will do little to change the minds of the board of Inbev. They are a bottom line company, period. Everybody knew what was going to happen when they took over.

Nascars contract is not expected to be renewed either. (see coors light pole award and no more busch series as the prelude)

Basically AB joined the other beer companies in that they are now all foreigned owned and do not support offshore racing.

 

[Ratickle]

Present.
Screw it, the Coors light is the same price.
F Budweiser. The Queen of beers.

Seems like every time some corporate entity with the initials IB gobbles up a brand they ruin it.
(InBev)

Coors is also owned by a foreign corporation. Another victim of US corporate policy changes after the Enron mess.....


Molson Coors executive offices are located in Montreal, Quebec and Denver, Colorado. The Canadian operational headquarters are located in Toronto (in addition to several breweries across Canada). United Kingdom headquarters are in Burton upon Trent.

 

[Ratickle]

We were just going over this with some of our international tax guys this morning. US is #2 (I think) behind Japan in major industrial nations effective tax rate on multi-nationals. We'll be #1 when Japan revises their tax structure this year and #1 with a bullet if the current administration gets what they're asking for...

We're already number one as an average against the others. This does not include the new hidden tax rate of the post Enron accountability laws.

"Many states impose state corporate income taxes at rates above the national average of 6.6 percent. Iowa, for example, imposes the highest corporate tax rate of 12 percent, followed by Pennsylvania's 9.99 percent rate and Minnesota's 9.8 percent rate. When added to the federal rate, these states tax their businesses at rates far in excess of all other OECD countries.

When compared to other OECD countries:

24 U.S. states have a combined corporate tax rate higher than top-ranked Japan.
32 states have a combined corporate tax rate higher than third-ranked Germany.
46 states have a combined corporate tax rate higher than fourth-ranked Canada.
All 50 states have a combined corporate tax rate higher than fifth-ranked France.
Thus, if lawmakers are serious about making the U.S. corporate tax system more competitive internationally, corporate tax rates will have to be reduced both in Washington and in state capitals. State officials should be champions of substantial cuts in the federal corporate tax rate because there is only so much they can do to improve their own competitiveness. After all, even corporations that operate in the three states that do not impose a major state-level corporate tax—Nevada, South Dakota, and Wyoming—still shoulder a higher corporate tax rate than fifth-ranked France and 24 other OECD countries because of the 35 percent federal corporate rate."

 

[Ratickle]

There is a reason for these trend changes.


"Emerging markets continue to fuel global initial public offerings (IPOs) despite financial volatility triggered by the credit crunch. In 2007, with global IPO fund-raising at an all-time high, Brazil, Russia, India and China (BRIC countries) raised US$119 billion, over 40% of total global IPO proceeds. By contrast, a decade earlier, the US and Europe dominated IPO markets, and all the BRIC countries together produced US$6 billion or just 5% of total IPO proceeds. "

 

[Dude! Sweet!]

Our state tax guy was wearing a suit today, so I refuse to acknowlege state taxes...

 

[Ratickle]

Our state tax guy was wearing a suit today, so I refuse to acknowlege state taxes...

Okay.....

 

[Trim'd Up]

I have always been a AB guy since I am from STL. I switched to mainly Schlafly, but I still drink Bud select on the water because Shlafly doesen't have cans.

 

[fund razor]

Coors is also owned by a foreign corporation. Another victim of US corporate policy changes after the Enron mess.....


Molson Coors executive offices are located in Montreal, Quebec and Denver, Colorado. The Canadian operational headquarters are located in Toronto (in addition to several breweries across Canada). United Kingdom headquarters are in Burton upon Trent.

Old Frothingslosh?

 

[Coolerman]

i sent an email showing my concerns.

 

[Scotty B]

I don't care who owns it, as long as they get back into boat racing. Until then, I am done with them

 

[Scotty B]

Message from an Anheiser Busch employee who will remain anonymous

"Hi Scotty.....Love your boat.....and turbines in general ....I am an employee of Anheuser Busch....and I can tell you....the new people that the company sold out to, care very little for sporting sponsorships....The good relations with sporting groups, that were a hallmark of the Busch family, that took generations to establish.....are more or less gone....The new group in charge, Inbev, are based in Belgium, and are more or less run by Brazilians....and the "bottom line" ......is the only thing on their minds..The cost cutting measures implemented since the takeover border on the ridiculous..The deal is done, however...and there is little that can be done....I can even smell the difference in the change of ingredients while they are brewing at work..The decades of goodwill the Busch family fostered with sports media ...has more or less vaporized since the takeover....The employees dont like it....distributors dont like it....public dont like it...but it is what it is...Perhaps, when the new owners see the true cost of trampling on the Busch legacy..in terms of the bottom line...things will change back......but it will never be what it once was..