Now that Howard Schultz supposedly has disengaged himself from Starbucks and is considering a run for the presidency in 2020, the company fears his political pursuits will hurt their bottom line.
Well too bad.
After decades of liberal activism and supporting Democratic candidates like Hillary Clinton, Schultz now says he may run as an independent. Some Democratic Party loyalists have gone ballistic, hurling invectives at Schultz and claiming that he will ensure the re-election of the president by splitting the anti-Trump vote.
And raising the stakes, Democratic Super PAC American Bridge 21st Century – backed by billionaire George Soros – recently targeted Starbucks, casting doubts on Schultz’s leadership. Among the charges: The company paid $46 million in settlements to employees over wage and compensation grievances. “[American Bridge] is clearly trying … Read More ➡
It has been reported that the idea of former CEO Howard Schultz running as a Democrat for the presidency is giving Starbucks investors, financial analysts, and company officials cause for concern.
It’s apparently not far-fetched. When he finally announced his long-anticipated departure from the company on June 26, Schultz told employees he would think “about a range of options for myself, from philanthropy to public service, but I’m a long way from knowing what the future holds.”
According to Politico, a person (whose identity was not disclosed by the site) close to the company’s current leaders said, “They don’t want him, as a retired founder, running for office. It’s a huge headache.”
Should it be difficult to believe that those who are responsible for the company bottom line would dread at least a two-year campaign by Schultz, which would link Starbucks with the Democratic Party … Read More ➡
The term “corporate diversity” these days refers far less to a diversity of opinion than to a diversity of demography in which people submit to rigid codes of speech and behavior if they want to stay employed.
Of the many companies enforcing this regime, Starbucks has been especially zealous. On April 18, 2018, Starbucks Executive Chairman Howard Schultz announced that sometime in May he would close about 8,000 of its coffee shops for an afternoon to train employees on how to recognize and avoid “unconscious bias.” His statement was in response to the highly-publicized arrest of two black males at a Philadelphia store.
For the last few decades, and with increasing speed, major corporations in this country are incorporating racial, ethnic and gender radicalism into their business practices. Whether out of fear or conviction, officials now reflexively succumb to Leftist campaigns that target them for injustices against minority groups.
That trend likely won’t change after the latest controversial stance that Schultz took, utilizing the policies of the company he leads (until early April, when he steps down) to advance his political goals. But some cracks are showing with this one.