<P> Blue Bonnet is a brand of margarine and other bread spreads and baking fats, owned by ConAgra Foods . Original owner Standard Brands merged with Nabisco in July 1981, but Nabisco ultimately sold Blue Bonnet to ConAgra, along with a number of other food brands, in 1998 . </P> <P> The words to their slogan and jingle are: "Everything's better with Blue Bonnet on it!" A common phrase citing this brand of margarine includes "I'm on it like Blue Bonnet!" indicating the individual is in control of the circumstance . </P>

Everything's better with blue bonnet on it