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Raise a Glass!

Anheuser-Busch is being bought by InBev of Belgium.  Although there is absolutely no reason to object to this transaction — indeed, the greater the interconnectedness of ‘national’ economies, the better — there nevertheless will be continue Lou Dobbsian moaning, groaning, and ignorant pontificating about it.

John Burger, an economist at Loyola University of Maryland, has a very nice answer to those who think this transaction to be bad for Americans.