The CEO of Starbucks (SBUX) wants business leaders to jar Washington out of its partisan logjam by threatening not to give money to any political campaigns. For most of them, it won't be a big change.
By Mary Altaffer, AP file
CEO Howard Schultz in December 2010 at a Starbucks shop in New York City's Soho section.
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By Mary Altaffer, AP file
When Howard Schultz announced last month that he would stop political contributions until lawmakers come up with a deficit-reduction plan, he said 100 other business leaders had also agreed to keep their checkbooks shut. But 38 of those executives appear not to have made any political contributions at all since at least 2008. Another 20 gave less than $5,000.
watch the video
http://www.msnbc.msn.com/id/21134540/vp … 6#44165656
http://www.usatoday.com/money/industrie … 50326932/1
he sounds very sensible..his interview was enlightening
I think if more politicians had their financial backing threatened ,they may start working for the good of the people...or the corporations?
Unfortunately the CEO of Starbucks and his friends who aren't really donating all that much money don't have much sway in this. The CEO's of the big oil conglomerates, the CEO's of the gun manufacturers, or pharmaceutical companies are the first people that will donate, and they contribute to a lot of the financial backing of the politicians. Unfortunately just a handful of mediocre CEO's boycotting charities for politicians does not threaten politicians, if anything it creates a bigger need for them to be corrupt. The CEO's from the oil, firearm and pharmaceutical corporations are the cause of many politicians being corrupt and with politicians relying on these guys for more money creates a bigger opportunity to have more sway of politician's votes. If only the CEO of Phizer or Johnson and Johnson would do such a thing than I'd feel like it's a step in the right direction. But all in all not a bad move for the CEO of Starbucks, great publicity for him.
by Christin Sander 12 years ago
Why do political people seem to demonize the opposition rather than discuss issues?I see this on both the right and the left and it drives me batty. Why do conservatives like to use "liberal" as a dirty word rather than debate issues on merit? It's easier to whine about liberal this...
by Stacie L 14 years ago
MSNBC suspends Olbermann over political contributionswell now it's Keith...Politico reported Friday that Olbermann gave the maximum individual donation of $2,400 to three candidates in Tuesday's election: Arizona Reps. Gabrielle Giffords and Raul Grijalva and Senate hopeful Jack Conway, who lost in...
by ahorseback 9 years ago
Maybe Americans , by nature , are always willing to debate in the political spectrum ! Maybe that is never going to change , maybe we don't want ANTHING TO CHANGE . Is it the differences that we love so much , is it the need for debate , for...
by Susan Reid 12 years ago
Republican presidential nominee Mitt Romney said Tuesday that he thinks teachers unions should be banned from making political contributions because union leaders often negotiate contracts with Democratic politicians they’ve helped elect, a situation he called “an extraordinary conflict of...
by Simon Cook 12 years ago
I am not a Democrat or Republican - thought I'd say that up front.Why are the Republicans debating the Health Care bill again? I know they are against it and will repeal it. I know they've voted on it before - isn't it 33 times? Why waste two days debating something that they know will do nothing -...
by hubsy 10 years ago
What's your favorite Starbucks drink?
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