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Starbucks (SBUX +2.2%) CEO Howard Schultz calls on other firms to stop political contributions...

Starbucks (SBUX +2.2%) CEO Howard Schultz calls on other firms to stop political contributions to candidates until a long-term debt and deficit solution is delivered, according to an email obtained by Bloomberg News. Last week, it was SBUX employees Schultz called on to forego political donations.
Comments (6)
  • This might actually hit the politicians where it hurts and get some attention if it spreads.
    15 Aug 2011, 02:46 PM Reply Like
  • Excellent idea! I totally support it!!
    15 Aug 2011, 02:53 PM Reply Like
  • It's a moronic idea. The debt/deficit problem is a problem that needs to be resolved. The purpose of political contributions is to get the people who represent your point of view the money they need to get elected. I am in the camp that a credit limit increase of 75 times WITHOUT an end in site is too many, and we must STOP SPENDING so much -I will continue to contribute.

     

    P.S. - If you are in the camp that says no -we need more tax money so we can continue to spend spend spend - by all means -you should stop contributing.
    15 Aug 2011, 03:15 PM Reply Like
  • "It's a moronic idea."

     

    Not really. The bulk of contributions go to incumbents so it would be those in office, not the upstarts, who would be hurt more. And every candidate has a base of support outside of the corporate and PAC contributions so this would tend to even the playing field.
    15 Aug 2011, 03:30 PM Reply Like
  • Money talks. Which is pathetic for supposed public servants and leaders.
    15 Aug 2011, 03:25 PM Reply Like
  • Politicians should wear uniforms like Nascar. That way we could tell who is supporting them.
    25 Aug 2011, 08:18 AM Reply Like
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