Jay Kersting's Blog

A BIG story here in Missouri is the continuing drama surrounding the Anheuser-Busch/InBev take over battle.

Now, A-B has filed a lawsuit alleging that InBev does business with Cuba.  For that reason, A-B is hoping that federal regulators will step in and BLOCK the hostile takeover bid.

Will this work?

Well, a couple of things to think about.  This lawsuit could be made moot by InBev spinning off their Cuban interests.  And that makes sense.  Which target would you rather market your products to, the poor and oppressed twelve million people in Cuba or the 300 million people of the United States?  Uh....yeah, tough choice.

However, this is the other point that you need to ponder.  InBev is offering $46 BILLION dollars for A-B and spending a lot more in the process.  And this money is largely BORROWED money.  (Clearly, management of InBev does not listen to Dave Ramsey.)  This legal move could be enough to push InBev to stop, or so A-B hopes. 

The drama continues.....

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Have you seen the television ads that open with the statement, "In 1970, we imported 24% of our oil."???

Pay attention to these ads because the man behind them has some definite credibility on this issue.

T. Boone Pickens is, and admits as much in the ad, a lifelong oil man.  He is also a hedgefund manager.  He's done alright with that line of work, too.  He has donated over $400 million to Oklahoma State University, and they invested some of that back with him to grow that money.....and he has!

Anyhow, Pickens is starting with getting 667 wind turbines on-line by 2010 in Sweetwater, Texas.  His main goal is to get us off of foreign oil and on to other energy sources.  Pickens is putting his money where is mouth is.

And he has the money to put out there.  He is trying to get the attention of whoever the next President is.  Pickens knows what I have been saying, ENERGY IS THE ISSUE IN THIS CAMPAIGN!!

Check out the details at PickensPlan.com when you have time. 

T. Boone Pickens is 80 years old.  I hope he is around long enough to make sure that he is able to push change.

That IS CHANGE that we can BELIEVE IN!!

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By now you have heard that the DNC is moving their biggest event of the convention out of the Pepsi Center.

Yup, the Democrats will have their nominee accepting the nomination at Invesco Field, where they can get 75,000 people there to take part in the festivities.

The comparisons are being made to Los Angeles in 1960.  Then Senator John Kennedy accepted his nomination at the Los Angeles Memorial Coliseum rather than in the L.A. Sports Arena.  This made sense, and was telling for the future of that building, because no one ever won anything of note in the Sports Arena.

But, as you would expect, my take on this move is a little bit different than most.  And I base my thoughts on what we have seen throughout the Obama campaign.  The junior Senator from Illinois has always drawn huge crowds.  And huge political rallies make me a little nervous.

The only thing that keeps me from being to worried too much about this rally....Leni Riefenstahl is not alive to film it.

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Have a great Wednesday!  Comments are encouraged.