Starbucks CEO Takes on Obama Administration

By:  Raven Clabough
08/17/2011
       
Starbucks CEO Takes on Obama Administration

Starbucks Chief Executive Officer Howard Schultz has made his disdain for the Obama administration public. As a business leader, his disappointment with the Obama administration does not place him in the minority, but he has made it clear that he is willing to take on this Congress.

According to Bloomberg News, “Starbucks Corp. (SBUX) Chief Executive Officer Howard Schultz urged other CEOs to stop donating to U.S. political campaigns to encourage leaders to solve the nation’s growing budget deficit.”
Schultz wrote in an email to business leaders, “I am asking that all of us forego political contributions until the Congress and the President return to Washington and deliver a fiscally disciplined long-term debt and deficit plan to the American.”

The email went out to NYSE Euronext CEO Duncan Niederauer and Bob Greifeld, CEO of Nasdaz OMX Group Inc., who reportedly emailed letters to companies in return.

Starbucks Chief Executive Officer Howard Schultz (photo) has made his disdain for the Obama administration public. As a business leader, his disappointment with the Obama administration does not place him in the minority, but he has made it clear that he is willing to take on this Congress.

According to Bloomberg News, “Starbucks Corp. (SBUX) Chief Executive Officer Howard Schultz urged other CEOs to stop donating to U.S. political campaigns to encourage leaders to solve the nation’s growing budget deficit.”
Schultz wrote in an email to business leaders, “I am asking that all of us forego political contributions until the Congress and the President return to Washington and deliver a fiscally disciplined long-term debt and deficit plan to the American.”

The email went out to NYSE Euronext CEO Duncan Niederauer and Bob Greifeld, CEO of Nasdaz OMX Group Inc., who reportedly emailed letters to companies in return.

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