100 CEOs pledge no more campaign contributions til Washington begins to cooperate!

Starbucks CEO Howard Schultz has gotten more than 100 other corporate chief execs to agree to halt all political contributions.

Starbucks CEO has gotten more more than 100 CEOs to sign a pledge to halt all political campaign contributions until lawmakers, as Schultz puts it, “stop the partisan gridlock in Washington, D.C.”

CNN Money reports:

Last week, he mounted a one-man bull rush against a political culture that has “chosen to put partisan and ideological purity over the well being of the people.”

Schultz said he was going to stop writing checks, and he asked other CEOs to join him.

They have. AOL’s Tim Armstrong, Frontier Communications’  Maggie Wilderotter, Zipcar’s  Scott Griffith, Whole Foods’  Walter Robb and Intuit’s  Bill Campbell have all signed up.

The goal is to hit lawmakers right where it hurts: the pocketbook. “All it seems people are interested in is re-election,” Schultz told CNNMoney last week. “And that re-election — the lifeblood of it is fundraising.”

 While Schultz’s original appeal was to CEOs, he hopes that everyday Americans will join in.

“This is just the beginning of what I think is going to be a groundswell of support to hold back contributions,” he said Tuesday.

Continue reading

Related Posts Plugin for WordPress, Blogger...

Post to Twitter

jeneba

Author and Founder of the blog, Jeneba Jalloh (“JJ”) Ghatt is a tech and communications attorney, owner of Ghatt Media, who has founded several start up ventures and yet is still chasing “The Dream”. As a 20+ year communications industry vet, she mentors, lectures about, and advocates on behalf of small businesses, minority and women-owned companies. She considers herself a social media butterfly with her ubiquitous online presence and has been active on the web since its earliest days when she created online content for one of the first websites in history at the University of Maryland Office of Technology in 1992. She later earned a prestigious position as the senior lead articles editor at her law school’s communications scholarly journal. Since foundering her own law firm, after being a telcom regulator for the DC government, her work and firm were behind the largest fine in FCC history imposed on a broadcaster for failing to abide by the children’s television rules. She has argued on behalf of enterprising and up and coming small and minority-owned wireless companies at the US Supreme Court. She was one of the only 22 bloggers to attend the first and only White House Black Bloggers Summit attended briefly by President Barack Obama. Follow her @Jenebaspeaks on Twitter

View more posts from this author