McCains Score Big on Sale of Budweiser

Via The Wall Street Journal, we learn that Cindy and John McCain will be making out like bandits from the sale of America's largest beer company, Budweiser, to Belgian's InBev NV:

Mrs. McCain's company owns between $2.5 to $5 million in Anheuser stock, meaning it will earn $800,000 to $1.6 million premium on the pre-deal stock price. Although Senate personal financial disclosure forms only say that Mrs. McCain's firm owns at least $1 million, a Democratic aide points out that it also reports $50,000-$100,000 in dividends in 2007.

Sweet. No word yet on how many American workers will lose their jobs, though the new foreign-owned mega company plans to keep Bud's base in St. Louis. Yes, Europeans are loving the weakened dollar. They're popping over the Atlantic to scoop up jeans and beer companies.

John McCain, who, after flip-flopping o the issue, wants to keep Bush's tax cuts on capital gains, is now reaping personal benefit for siding with the president:

Cashing out could leave the McCains with hefty capital gains, which would be taxed at a rate of 15% under the Bush tax cuts that John McCain opposed and now supports.

Well, happy days for the McCains. Three cheers for Belgium!

In the glow of the Budweiser windfall, Cindy later continued her "I feel your imaginary pain, Whiners!" tour of America with guest appearance on CNN, where she declared that the only way to get around the state of Arizona is by private plane. Watch: