Archive for the ‘The Economy’ Category

The Economy-Warren Buffett-Howard Schultz-Piers Morgan Tonight

August 18, 2011

As I was watching Piers Morgan’s show last night, right after Christine O’Donnell called Piers “rude” and quit the interview midstream, a most interesting and compelling guest came on the show and inspired this blog post.  Howard Schultz, Chairman and CEO of Starbucks  ( which, by the way, has made Fortune’s 100 Best Companies to Work For list for 13 years) was sincere, clear-thinking, respectful and appeared to be a very stable man.    He is calling for major corporations to boycott contributions for political campaigns because our elected officials are not doing their job, taking care of this country, solving problems.  Schultz believes we must restore confidence in America by doing the right things for this country.  He says there are principles  used by corporations which would help with our economic recovery and success.  He believes that one of the most important issues right now is re-establishing our credibility  and strengthening our nation. The American people must know that no matter what their station in life is, there is opportunity to excel and to stretch beyond any imaginable expectancy (those are my words) and that THE AMERICAN DREAM IS ALIVE!!!. He mentioned that for the first time in our history, we have more people employed by government than holding manufacturing jobs.

Oh, my, I just realized that Mr. Schultz sounds like an idealist… terrible thing. For the record …he was raised in the projects…

FYI, Starbucks was the first company in America to provide comprehensive healthcare for every employee.

Several days before the above interview, there were headlines about Warren Buffett‘s plea that he and others who earn a million dollars or more should pay more taxes. He said he paid a lower rate  than his domestic help (I think that’s what he said).

After all the garbage we’ve heard recently and for many months, it is truly a pleasure to hear some people speak with reason and intelligence. Thank you to Warren Buffett and Howard Schultz, my heroes today!

This is Meddling Mom….have a  good weekend…let me hear your thoughts  sometime…

Here is a comment from one of my readers about this post:

I think one of the reasons we have more people in government than in manufacturing is because we’ve out-sourced those jobs to other countries. This is a result of consumers’ demand for cheap goods and stockholder greed for profit. Ever since Barack Obama was elected president the right wing has abandoned their responsibility to the American people. After the election they stated that their goal is to make Obama a 1 term President and they have stuck to that goal. Their struggle for power has been the greatest impediment to this country’s progress. They blame Obama for the deficit. They don’t talk about the Money and lives lost for the senseless wars. If not for the wars and the greedy banks and Wall Street, everyone could have full healthcare coverage. Big money and lobbyists have taken away any power we ever had over elections. Look at Fox. Fox is a huge propaganda machine disguised as a legitimate news provider.


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