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  • Starbucks Stops Paying the Rent [View article]
    Another commented that Starbucks management should at lest comply
    with
    a court injunction rather than act as if they are "above the law". How can
    you be physically above an abstraction? Besides, will you do evil because
    a court orders you to? Do you want to burn in hell? Godly people SUBMIT
    to authority: SUBMIT means be willing to obey, and not obey. See
    Daniel 12, KJV. Also, Acts 5:29, KJV. You ought to obey God rather than
    men. OUGHT means "moral obligation", as in "debt", and not "should".
    A person who submits to authority is willing to obey, but might not. In my
    opinion, the court injunction ordering Starbucks not to share tips with
    others is immoral, because Starbucks should be allowed to decide how
    to compensate their own employees. Or is government now going to do
    payroll, as well as collect taxes?

    Anyway, the main problem Starbucks faces is one that McDonald's does
    not face: McDonald's tries to make sure that they own the property upon
    which their restaurants sit. Landlords may keep raising rental costs such
    that they absorb all the profits that would have gone to Starbucks. At
    some point Starbucks will have to start buying real estate to avoid this
    escalating rental cost structure. For landlords are collecting what could
    go to shareholders as dividend income, or to the company as retained
    earnings. The "partners" are competing with shareholders, customers,
    and the Company itself.
    Oct 28 16:31 pm |Rating: 0 0
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