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News & Current Events Discuss Starbucks CEO says 100+ businesses to withhold campaign donations over debt at the General Forum; Heads of over 100 major companies have joined Starbucks Corp. CEO Howard Schultz in a pledge to boycott political donations ...

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Old 08-25-2011, 02:03 PM
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Default Starbucks CEO says 100+ businesses to withhold campaign donations over debt

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Heads of over 100 major companies have joined Starbucks Corp. CEO Howard Schultz in a pledge to boycott political donations until Congress and the president agree on a long-term debt and deficit plan, Schultz announced in a letter Wednesday.

"Remarkably, the initiative triggered a national dialogue and a groundswell of support," Schultz wrote, adding that in the 10 days since releasing his pledge, he "heard directly from thousands of concerned citizens and was astounded by the volume of support we received through calls, emails, social media exchanges and various other public votes of confidence."

That included over 100 business leaders who signed on to Schultz' initiative, including Myron Ullman of JC Penney, Duncan Niederauer of NYSE, and Walter Robb, co-chief executive of Whole Foods, Tim Armstrong of AOL, Mickey Drexler of J. Crew Group, and billionaire investor Pete Peterson.

Schultz earlier this month issued an internal message at Starbucks reportedly expressing dismay over "the lack of cooperation and irresponsibility among elected officials as they have put partisan agendas before the people's agenda." The response to that message led him on Aug. 15 to issue the campaign donation boycott pledge to business leaders, casting it as a strike to force politicians to act swiftly on the debt crisis and clean up what he views as their dysfunction.

Partisan gridlock in Washington was on full display this summer when Republicans in Congress and the White House sparred over raising the debt ceiling. They failed to reach an agreement until the day before the U.S. was expected to begin defaulting on its debt, causing panic and uncertainty. Ratings agencies have since downgraded the U.S. credit rating.

Schultz' pledge also asks leaders to personally take action by accelerating job creation within their own companies.

Schultz has long donated to Democrats, handing over around $100,000 over the past 15 years to Democratic candidates and committees, according to the Center for Responsive politics. The Center lists a single Republican donation by Schultz: $1,000 to Sen. John McCain in 1999.

On Wednesday, website Upward Spiral 2011 ? Take the Pledge and an accompanying Facebook page were launched to connect citizens, businesses and organizations over Schultz' pledge.
But businesses are evil, and don't do anything to help little people. *sarcasm alert*

Actions like this say alot, and can do alot. Here's hoping it is a wakeup call to congressweasels from BOTH sides.
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Old 08-26-2011, 01:55 PM
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Default Re: Starbucks CEO says 100+ businesses to withhold campaign donations over debt

*crickets*

I am very surprised there hasn't been a poison tongue on this.

After all, big business only cares about themselves. *sarcasm alert*
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Old 08-26-2011, 02:34 PM
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Default Re: Starbucks CEO says 100+ businesses to withhold campaign donations over debt

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Originally Posted by GottaGo View Post
But businesses are evil, and don't do anything to help little people. *sarcasm alert*

Actions like this say alot, and can do alot. Here's hoping it is a wakeup call to congressweasels from BOTH sides.
I commend those who thought of this. It's the best way to get politicians attention. Boycott is our most valuable tool to make a difference. Hits people where it hurts the most. Their purse.
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Old 08-28-2011, 01:44 PM
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Default Re: Starbucks CEO says 100+ businesses to withhold campaign donations over debt

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Originally Posted by GottaGo View Post
But businesses are evil, and don't do anything to help little people. *sarcasm alert*

Actions like this say alot, and can do alot. Here's hoping it is a wakeup call to congressweasels from BOTH sides.
Good for them. It's a great idea. More should join in.

On the other hand, I wish this thought that dems or progressives believe businesses are evil would disappear. I've never heard of anyone that thinks or believes that. Without business, there is no America. There are a relative handful of businesses that do bad things that hurt people and the economy, most recently the banks and wall street. Regulations are needed to keep the bad seeds from sprouting.

We love businesses and so does the president. But sometimes they have to be made to behave themselves. Grow big, makes tons of money. Just don't screw everyone else on your way up.
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Old 08-28-2011, 02:08 PM
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Default Re: Starbucks CEO says 100+ businesses to withhold campaign donations over debt

Quote:
Heads of over 100 major companies have joined Starbucks Corp. CEO Howard Schultz in a pledge to boycott political donations until Congress and the president agree on a long-term debt and deficit plan, Schultz announced in a letter Wednesday.

"Remarkably, the initiative triggered a national dialogue and a groundswell of support," Schultz wrote, adding that in the 10 days since releasing his pledge, he "heard directly from thousands of concerned citizens and was astounded by the volume of support we received through calls, emails, social media exchanges and various other public votes of confidence."

That included over 100 business leaders who signed on to Schultz' initiative, including Myron Ullman of JC Penney, Duncan Niederauer of NYSE, and Walter Robb, co-chief executive of Whole Foods, Tim Armstrong of AOL, Mickey Drexler of J. Crew Group, and billionaire investor Pete Peterson.

Schultz earlier this month issued an internal message at Starbucks reportedly expressing dismay over "the lack of cooperation and irresponsibility among elected officials as they have put partisan agendas before the people's agenda." The response to that message led him on Aug. 15 to issue the campaign donation boycott pledge to business leaders, casting it as a strike to force politicians to act swiftly on the debt crisis and clean up what he views as their dysfunction.

Partisan gridlock in Washington was on full display this summer when Republicans in Congress and the White House sparred over raising the debt ceiling. They failed to reach an agreement until the day before the U.S. was expected to begin defaulting on its debt, causing panic and uncertainty. Ratings agencies have since downgraded the U.S. credit rating.

Schultz' pledge also asks leaders to personally take action by accelerating job creation within their own companies.

Schultz has long donated to Democrats, handing over around $100,000 over the past 15 years to Democratic candidates and committees, according to the Center for Responsive politics. The Center lists a single Republican donation by Schultz: $1,000 to Sen. John McCain in 1999.

On Wednesday, website Upward Spiral 2011 ? Take the Pledge and an accompanying Facebook page were launched to connect citizens, businesses and organizations over Schultz' pledge.
Quote:
Originally Posted by GottaGo View Post
But businesses are evil, and don't do anything to help little people. *sarcasm alert*

Actions like this say alot, and can do alot. Here's hoping it is a wakeup call to congressweasels from BOTH sides.
Quote:
Partisan gridlock in Washington was on full display this summer when Republicans in Congress and the White House sparred over raising the debt ceiling.
Ahh yes, those evil republicans again. Last I looked, one house of congress (the senate) is controlled by democrats.
One could say the partisan politics of the democrat presidency and senate, but that wouldn't fit the media template of pretending that only republicans are partisan and continuously spewing forth that idea.
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Old 08-28-2011, 03:32 PM
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Default Re: Starbucks CEO says 100+ businesses to withhold campaign donations over debt

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Originally Posted by GottaGo View Post
Actions like this say alot, and can do alot. Here's hoping it is a wakeup call to congressweasels from BOTH sides.
Hopefully---but most likely not. Today, both sides of the aisle are so entrenched in their philosophies and stances, neither are open to debate nor compromise. And that, quite simply, hurts America and all of us.

Republicans and Democrats need to learn that they are in essence on the same side---the side of America. Too often they act as if they are old, bitter enemies locked in an endless battle. And that is beyond unfortunate.

Republicans and Democrats must work together and be open to compromise. It is vital to the success of our country. The only ones that suffer from the petty nonsense and pointless bickering are America and the people. Both sides have extremely intelligent people and terrific ideas. It is simply a matter of listening to one another without bias and work together. When they do that we all win.

"All government, indeed every human benefit and enjoyment, every virtue, and every prudent act, is founded on compromise and barter" - Edmund Burke
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