Howard Schultz Gets More Than 100 CEOs to Help Him Sabotage Democrats

howard schultz04.jpg
Starbucks CEO Howard Schultz now has more than 100 corporate leaders who have signed onto his boycott-political-donations plan. The industry titans are promising to cut the flow of cash to D.C. until lawmakers stop being such insufferable hacks.

These CEOs, who lean predominately to the left and therefore have an innate pull toward political self-destruction, are ready to become the martyrs that Washington so desperately needs.

Conservative PACs and big-money donors, meanwhile, have apparently no such plans to stop spending.

Schultz released his list of new companions in his boycott-D.C. plan on Thursday.

They include:

Tim Armstrong, Chairman and CEO, AOL

Ron Baron, CEO, Baron Capital Management

Warren Bennis, Founding Chairman, Leadership Institute USC

Bill Campbell, Chairman, Intuit

Millard Drexler, Chairman and CEO, J. Crew Group

David J. Field, President and CEO, Entercom Communications

Ron Graves, CEO, Pinkberry

Bob Greifeld, CEO, NASDAQ

Scott Griffith, Chairman and CEO, Zipcar, Inc.

Alan G. Hassenfeld, Former Chairman and CEO, Hasbro, Inc.

Kevin Johnson, CEO, Juniper Networks

Olden Lee, Retired Executive, PepsiCo

Jack Lief, Chairman, President and CEO, Arena Pharmaceuticals, Inc.

Miles Nadal, Chairman and CEO, MDC Partners Inc.

Duncan Niederauer, CEO, NYSE

Pete Peterson, Founder, Peter G. Peterson Foundation

Jamie Shennan, Retired General Partner Emeritus, Trinity Ventures

Irwin Simon, Chairman and CEO, Hain-Celestial Group

Barry Sternlicht, Chairman and CEO, Starwood Capital Group

Walter Robb, Co-CEO, Whole Foods

Frederic D. Rosen, Co-CEO, Outbox Enterprises

Kevin P. Ryan, founder and CEO, Gilt Group

Myron E. (Mike) Ullman, Chairman and CEO, JC Penney Company

Craig Weatherup, Retired CEO, Pepsi-Cola Company

Maggie Wilderotter, Chairman and CEO, Frontier Communications.

According to, with a few exceptions, all the above bosses generally donate more to liberal causes than conservative ones.

Meanwhile, OpenSecrets also says that the majority of PACs forming are conservative. And in 2010, conservatives dwarfed liberals in spending nearly two to one.

And when it comes to individual donors, the site shows Democrats and Republicans running neck-and-neck, each with $110 million raised for 2012 House, Senate, and Presidential races.

Obviously, those figures came before Schultz and Co. decided to turn off the spigot.

To be sure, what Schultz is proposing is noble. Washington politicians need a wake-up call like no other.

Unfortunately, like most political outcomes in this country, that wake-up call (if indeed it's even heard) will likely be at the expense of liberal causes far over conservative ones.

This election will be a war, and Schultz's mutiny, while principled, is destined to cause casualties on his own side.

Follow The Daily Weekly on Facebook and Twitter.

comments powered by Disqus