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."
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?
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.
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?
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.
"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?
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.
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.
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?
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I don't agree with all of his positions, but I respect him.
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?
Why is this so hard to understand and so contrary to our entitlement mentality? Have we been 'educated' otherwise?
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.
I have long since sold his stock and will gladly shop at another less
expensive store.
He's not a nut. His company may have outgrown his skillset, but he's not a nut.
I'm just saying.