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Archive for “Obama” news
Obama Blocks Mega-Beer Merger to Keep Your Beer Cheap
By Simon van Zuylen-Wood 2/01/2013
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The Department of Justice is suing Budweiser's parent company to prevent it from buying the Modelo Group, which makes Corona, in order to control more of the Latino market, based primarily in Texas and California. (Modelo also owns the Modelo triumverate of beers.) If a sale were completed, the Belgian conglomerate InBev would control 46% of all beer sales in the United States, which the DOJ thinks is too much.
What's more, InBev would control both Budweiser and Corona, which stay cheap in lare part because they compete against each other. Think of it this way: It'd be like if the
NRA VP Statement: More Guns and Police in Schools
By Simon van Zuylen-Wood 12/21/2012
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Earlier this year National Rifle Association Executive Vice-President Wayne LaPierre accused Barack Obama of giving "first term lip service to gun owners" to "deceive voters and hide his true intentions to destroy the Second Amendment." This wasn't unusual talk from LaPierre, the public face of America's most powerful interest group. Even so, LaPierre's letter, issued a week after the Newtown shooting, was remarkably combative, often addressing the NRA's critics directly. LaPierre's two central solutions are to lessen access to violent video games and movies, and install police officers in schools (as he recommended after the 2007 Virginia Tech shooting) for protection. Here
