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Sunday, October 4, 2009
11:44 AM TweetThis
  • Whole Foods Market (WFMI) CEO John Mackey stands behind his infamous healthcare op-ed that spawned a boycott, and speaks out against the Fed's "debauchery of the currency." Mackey thinks the bailouts were a travesty, and says no-one's too big to fail. "I believe in the dynamic creativity of capitalism, and it's self-correcting, if you just allow it to self-correct."

This news story has 11 comments:

  •  
    Smart man, and he has stuck to his guns through thick and thin, too.

    I don't agree with all of his positions, but I respect him.
    Oct 04 11:50 AM | Link | Reply
  •  
    Smart man? He is alienating his own customers. Agree or disagree with him, maybe he shouldn't use his position as a soap box. If he is so interested in politics, just run for something. Why have your CEO turn off customers so that he can speak his mind?
    Oct 04 12:03 PM | Link | Reply
  •  
    Going to WFMI today. This man is saying what needs to be said. As a CEO running a major company he needs to speak out to the issues that greatly affect his business. I would like to see him speak on the 'crap and tax' bill.
    Oct 04 12:11 PM | Link | Reply
  •  
    Take a look at [too big to fail] GM and Chrysler. First CFO Obama buys them for the UAW and then throws them a rotten apple: Cash for clunkers. Who benefited from CFC? Toyota, Ford, Hyundai, Nissan, because they had the cars that the bill required. GM/Chrysler did NOT.
    Oops! And now let's pause to say a few final words over the demise of the Saturn car company, soon to be sold for scrap. Who's next?
    Oct 04 12:17 PM | Link | Reply
  •  
    My local Whole Foods is populated with 60s rejects and their progeny purchasing organic vegetables to compliment their less healthy leaf. I doubt they read The Wall Street Journal so my bet is the boycott was started by ACORN.
    Oct 04 01:16 PM | Link | Reply
  •  
    Whole Foods is about the last outfit I would expect to be involved in controversy. Their stock is pricey in large part because of their brand name.
    Oct 04 01:52 PM | Link | Reply
  •  
    "We are all responsible for our own lives and our own health. We should take that responsibility very seriously and use our freedom to make wise lifestyle choices that will protect our health. Doing so will enrich our lives and will help create a vibrant and sustainable American society."

    Why is this so hard to understand and so contrary to our entitlement mentality? Have we been 'educated' otherwise?
    Oct 04 02:00 PM | Link | Reply
  •  
    I guess his position is that if we all shopped at Whole Foods and ate healthy, we wouldn't need any health care. Good luck with that.

    There are a lot of things I like about Whole Foods, but this is not one of them. Making policy for your company and making policy for the whole country are different problems, calling for different perspectives. Mackey seems to have them conflated.
    Oct 04 03:30 PM | Link | Reply
  •  
    John Mackey is a nut who knows that now he has made his money he can publicly embrace Ayn Rand because it won't cost him anything.
    I have long since sold his stock and will gladly shop at another less
    expensive store.
    Oct 04 04:07 PM | Link | Reply
  •  
    John Mackey just likes to write. He couldn't stop himself from writing under a pseudonym on WFMI's Yahoo chat board, and he can't stop himself now.

    He's not a nut. His company may have outgrown his skillset, but he's not a nut.
    Oct 04 06:20 PM | Link | Reply
  •  
    A "belief" in the "dynamic creativity of capitalism" is nothing more than a belief, and this country has had enough of "belief." It's a short cut to the golf course and a clear conscience. How about math and science and thinking?

    I'm just saying.
    Oct 04 09:56 PM | Link | Reply
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