Wednesday, 20 January 2010

Cadbury and the Consequences

Video from Ollie at the Red Rag


We all know by now that Cadbury's has been taken over by the American company Kraft. But do you know the hidden consequences?

Craig Murray has specific knowledge of the Cadbury chocolate business and you can read his post here.

Also, if you're at all interested in conspiracies Aangirfan is the person to read about a chocolate one.

Yesterday I listened to various politicians and their (false) promises. Today I heard Nick Clegg say at PMQs that the BoS is loaning Kraft the money for the takeover. Gordon Brown's response was pathetic.

Once more another British, or should I say English, historic institution falls into foreign hands. I wonder what the Quaker founder would say?

Courtesy of Gotty

24 comments:

Fitaloon said...

American chocolate is just the pits. I had some first in about 1974 and couldn't believe that something so tasty in the UK could be so bland. This from Bill Bryson:

"I remember the first time I tasted European chocolate. It was in the central railway station in Antwerp, on 21 March 1972, my second day in Europe as a young backpacker. While waiting for the train I bought a bar of Belgian chocolate from a station kiosk, tore off a bite and, after a moment of startled delight, began to emit a series of involuntary rapturous noises of an intensity sufficient to draw stares from 20 yards away.
You know how a baby eats a bowl of pudding - with noise and gusto and an alarming amount of gurgly drool? Well, that was me. I couldn't help myself. I didn't know that chocolate could be this good. I didn't know that anything could be this good."

subrosa said...

I'm not a chocolate fan Fitaloon although I do appreciate a bit of the good stuff.

Have never tried American chocolate and doubt if I ever will. You've confirmed I'm not missing anything.

(Mind you I've never tried bungee jumping and doubt if I ever will either). :)

Oldrightie said...

More British jobs for non-British workers, no doubt.

tris said...

Bill Bryson was spot on with the comparison. I have to say that I think that Cadbury's chocolate (and Fry's) is even better than the Belgian or even Swiss variety.

It's simply the best in the world, and I have a fear that it will shortly be tasting like Dairylea... or in other words, nothing!

Dramfineday said...

I couldn't help think of sauce, goose and ganders when this happened. Saw a young chap on TV bemoning that there'll soon be nothing great left in GB. Yes know the feeling son, as Scottish HQ after HQ vanished over the horizon. Console yourself that the market knows best(aye right) and that your friendly, cash strapped, local bank will help slip the knife in to you at the first opportunity.

Alec said...

>> Yesterday I listened to various politicians and their (false) promises. Today I heard Nick Clegg say at PMQs that the BoS is loaning Kraft the money for the takeover. Gordon Brown's response was pathetic.

It wasn't pathetic. It was obscene. He scoffed.

This is one topic I do agree Murray has knowledge ofL before he went all Under the Volcano, he had established an honorable record in West Africa.

And, don't forget where Kraft got the loan from.

Alec said...

Oh, and Aangirfan is clearly a racist.

Jim Baxter said...

Ah well, more evidence that Brown prefers the Hershey Highway.

subrosa said...

It's no longer British OR sadly.

subrosa said...

As I've said Tris I'm not a chocolate fan but I like the odd piece, the darker the better too.

subrosa said...

Dram the BoS decision takes the biscuit doesn't it, while small businesses aren't allowed the loan of a couple of thousand to keep afloat.

subrosa said...

Yes you're right Alec, it was obscene.

I think I mentioned which bank gave the loan Alec.

No I wouldn't call Aangirfan racist. I don't know who Aangirfan is but they certainly do a great deal of research and touch details that may disturb the Righteous. That's not racist.

subrosa said...

Jim you may be on to something there. Gordon perhaps has pals who are connected with Kraft.

Alec said...

Ah, I see you did.

And, no presumption of agreement with Aangirfan. 'Anti-Zionists' normally dress it all up by avoiding the J-word (check some of the commenters at Murray's blog), but s/he either doesn't care or is too thick to know otherwise.

It's not that any "pro-Israel" company is suspect, although that would be distasteful enough; it's that Jews are too compromised to serve in any professional position.

This is national socialism.

Jim Baxter said...

Rosy,

Someone has just told me that the 'Hershey Highway' is code for the end of the alimentary canal. I had no idea.

subrosa said...

Jim, I had no idea either. Good for constipation then these Hershey bars?

subrosa said...

I certainly don't think Jews are too compromised to serve in any professional position Alec. In fact there are perhaps far more Jews in positions of high authority in our government and its structure than even Scotsmen. (That's said tongue in cheek just in case you don't realise it).

Captain Nice said...

Hello Wosa,

Thought I would dwop by and check the blog that people keep telling me about.

Sowwy to hear you are losing a piece of national hewitage. - I guess you'll be able to buy chocolate cheese though.

Kind Wegards

Captain Nice

subrosa said...

Thanks for dropping by Captain. Cadbury is (was) an English company.

From a purely selfish perspective it doesn't affect me as I'm not keen on much chocolate, but at least you'll be able to taste a decent chocolate before it downgrades. :)

Strathturret said...

Yes we need to be more like French, this unfettered free market stuff screws us.

On Money trail, the Swiss pharma company Novartis has just bought a business from Nestle. This has allow Nestle to buy a business from Kraft which has allowed...

I note that Kraft has borrowed £7bn to allow this deal to be done. Not sure we've learned anything from financial crash.

subrosa said...

All because we have labour in power and their obsession with being seen as grand on the world stage Strathturret...

Crinkly & Ragged Arsed Philosophers said...

Question here which may be slightly irrelavent, but I believe the borrowing by Kraft is far in excess of £7bn and RBS are one of the lead lenders?

Look at it this way - UK bank lends £4bn based on funds leveraged up from say £400m. Shareholders of bought company are paid £12bn of which most will go back into the banking market and there's a fair chance of at least 10 - 20% being deposited back into the bank that's lent £4bn. That bank has now got a £12bn leveraged capability. And off we go again on the yellow brick road.

What's good for the country or its people doesn't come into it when greed's powering the centrifuge and Incapability Brown and his cohorts are hell bent on feeding its meter.

Question is, what happens when the Global corporates become a monolith?

Strathturret said...

Lets remember that the Tory's are as big cheer leaders on this sort of high finance as Labour. So no change within the Union.

subrosa said...

Yes indeed Strathturret. I searched the papers late last night looking for a tory comment about the BoS giving Kraft the loan for the takeover. Nothing.

The German papers will possibly have something on it shortly though because Kraft products are high in consumption there.

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