Starbucks CEO Says No More Campaign Money & I Agree


I would think it would be difficult to find anyone happy with politicians in DC, no matter their politics. The country is fed up with both President Obama and Congress. I'm fed up with them. And now? Starbucks CEO Howard Schultz is fed up with Washington, too.

Schultz is so done with them, in fact, that he's encouraging people not to give political donations. In other words, instead of talking about your dissatisfaction, put your money with your mouth is -- or rather don't put your money anywhere near Washington, no matter the candidate. 

Cut them off. Close those wallets. Hit 'em where it hurts.

According to Schultz, money is the way to get change from political leaders who have "chosen to put partisan and ideological purity over the well being of the people." He told CNNMoney: "All it seems people are interested in is re-election. And that re-election -- the lifeblood of it is fundraising."

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Schultz, a Democratic donor who paid out $183,650 almost entirely to Democratic candidates, is recruiting other CEOs and even passed on a letter to the New York Stock Exchange and NASDAQ stating:

I am asking that all of us forgo 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 people.