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2018-06-06 Home Front: Politix

Retiring Starbucks chief Schultz may run for president

Just because Donald Trump did it, they all think they can. But who now remembers Carly Fiorina, or even Ross Perot? Still, according to the Keynesian view of economics, all the money he spends on losing his race will grow the economy, so there’s that.

[DAWN] Howard Schultz, who built a small Seattle coffee chain into the global powerhouse Starbucks, announced on Monday he was retiring from the company, fueling speculation he may seek the Democratic presidential nomination in 2020.

Schultz, 64, has been serving as executive chairman of Starbucks since stepping down as chief executive in April of last year and handing over to Kevin Johnson.

Schultz will leave the company at the end of the month and take on the honorary title of chairman emeritus, Starbucks said in a statement.

Outgoing Starbucks Chairman Howard Schultz rips Democrats for veering too far left: 'How are we going to pay for these things?'

[CNBC] Schultz ripped the notions of single-payer health coverage and government-backed full employment.

Posted by Fred 2018-06-06 00:00|| || Front Page|| [11135 views ] Top

#1 Smoke and mirrors to cover the fact that he is jumping ship before the chain becomes toxic with all the anticipated layabouts taking up space.

Posted by AlmostAnonymous5839 2018-06-06 00:19|| 2018-06-06 00:19|| Front Page Top

#2 Do you remember the Disco Fad? Starbucks franchising may very will be a pseudo-'Pyramid Scheme' on the edge of imploding... Just saying.

Posted by magpie 2018-06-06 00:49|| 2018-06-06 00:49|| Front Page Top

#3 Wish I could find it, but it's pre intertubes. A memo from a German importing company to a coffee exporter in south America about the "ratt schidt" in the coffee shipments. The importer's memo said that the custoners actually liked the "ratt schidt" flavor of the coffee, but the importer was wondering if the "ratt schidt' could be shipped separately so that the importer could do custom blends.

Posted by M. Murcek 2018-06-06 07:28|| 2018-06-06 07:28|| Front Page Top

#4 'How are we going to pay for these things?'

Seems the 'right' people have a lot of money to spend on burnt overpriced coffee sold with an attitude. Anyways, a good socialist doesn't care about economics - see: Venezuela

Posted by Procopius2k 2018-06-06 08:45|| 2018-06-06 08:45|| Front Page Top

#5 'How are we going to pay for these things?'

Good luck getting the backing of the DNC with that attitude!

Posted by Raj 2018-06-06 10:11|| 2018-06-06 10:11|| Front Page Top

#6 Say Mr. Schultz, how about nice got cup of...........?

Posted by Besoeker 2018-06-06 11:02|| 2018-06-06 11:02|| Front Page Top

#7 In general I think it might be a good idea for successful business people to run for office. Howard Schultz, Carly Fiorina and Ross Perot are unfortunate examples and at the moment I am unable to think of any better ones except Trump. Well, there are also Ronald Reagan and Arnold Schwarzenegger if you don't mind categorizing movie making as a business. At least they demonstrated competence at something besides collecting campaign contributions and money from tax payers. But I like the idea candidates for public office who have proven themselves in business. We know that career politicians are a bad idea.

Posted by Abu Uluque 2018-06-06 12:09|| 2018-06-06 12:09|| Front Page Top

#8 Supposing he did somehow manage to get the White House; seriously doubt the Secret Service would allow the anybody in regardless of customer status just to use the Wi-Fi or bathrooms.....

Posted by USN, Ret. 2018-06-06 12:22|| 2018-06-06 12:22|| Front Page Top

#9 In general I think it might be a good idea for successful business people to run for office.

The manner in which the Democrat Party has denigrated and made villains out of business and business leaders in general over the past three decades and more likely makes these people self-select out of politics.

Posted by Raj 2018-06-06 12:43|| 2018-06-06 12:43|| Front Page Top

#10 In America successful businesspeople donate to politicians so they will do what is wanted. They don’t get into the muck with professional politicians, competing to win the votes of the populace.

Besides, the skills necessary to compete successfully in the business arena are generally very different than politicians require. President Truman, after all, was a failed businessman... and a successful soldier.

Mr.Schultz, if he really is interested in politics, would be mir likely to encounter success if he tried at the local level before running for Congress.

Posted by trailing wife 2018-06-06 21:35|| 2018-06-06 21:35|| Front Page Top

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