Another "free marketer" avoiding "free markets", or attorneys chasing fees?

Suits have been brought against AB InBev for watering down Bud Lite.  See "Budweiser Sued for Watering Down Its Beer".

If true, this is another case of proponents of free markets not really believing in free markets.  The free market principle in question here is that both buyer and seller should have sufficient information to make a decision.  If AB InBev is indeed watering its beer to an alcohol content less than on the label, that is not only hiding information from the consumer but providing false information.

HOWEVER, in an interview by CNBC, plaintiff attorney Josh Boxer can only cite claims by former employees, not by independent testing.

Who do you believe?  Who can you believe?  All I can say is that I admire the tenacity of the CNBC on-camera journalists for trying to get a straight answer from Boxer.

Generally, one can believe that "liberal" NPR.  They had tests performed and found that the beers in question did have the alcohol level stated on the can.  See "Budweiser May Seem Watery, But It Tests At Full Strength, Lab Says".

My own guess is that Bud tastes watery is that it does not contain the amount of hops that craft beers contain.

Quote of the day - Stock Market

"Why is it that when everything goes on sale at Sears everyone gets excited and rushing into the store, but when everything goes on sale in the stock market, everyone panics and runs out of the store?"

- Member TheLudicFallacy on a Motley Fool board

Quote of the day

"The stock market is as emotional as a hockey fan during a game-seven triple overtime of the Stanley Cup finals."
- Motley Fool Email update

People should fulfill their obligations; corporations need not?

I found this link on a Motley Fool weekly update: "Mortgage Bankers Association Strategic Default".

The video shows John Courson, President and CEO, talking about how homeowners should fulfill their mortgage obligations and not walk away from them.  However, the Mortgage Bankers Association walked away from the mortgage on its $79 million headquarters.

Maybe Jon Stewart and Comedy Central are "flaming liberals", but the Motley Fools are serious capitalists, investing their own money in various companies.