Howard Schultz Decides Against A Third-Party Bid

NEW YORK, NEW YORK - JANUARY 28: Howard Schultz, the billionaire former Starbucks CEO, speaks at a Barnes and Noble bookstore about his new book "From the Ground Up" on January 28, 2019 in New York City. Schultz said... NEW YORK, NEW YORK - JANUARY 28: Howard Schultz, the billionaire former Starbucks CEO, speaks at a Barnes and Noble bookstore about his new book "From the Ground Up" on January 28, 2019 in New York City. Schultz said on Sunday in a "60 Minutes" interview that he is considering running for president in 2020 as a centrist independent. (Photo by Spencer Platt/Getty Images) MORE LESS
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Former Starbucks CEO Howard Schultz, emerging with a lengthy statement after largely dropping out of the public eye, is declaring once and for all that he has ruled out an Independent bid for President.

“Not enough people today are willing to consider backing an independent candidate because they fear doing so might lead to re-electing a uniquely dangerous incumbent president,” he said Friday. “There is considerable concern that four more years of a Trump administration pose a graver threat to our democracy than four more years of political dysfunction.”

He also cited the increasing polarity of the political discourse, the logistics of the nomination process and his back pain as additional reasons he opted out of the bid.

“The money that I was prepared to commit to a presidential campaign will instead be used to invest in people, organizations and ideas that promote honesty, civility and results in our politics, and that move the country beyond two-party gridlock,” the billionaire added. “Common-sense policies and initiatives that can help address widening inequality at home, while strengthening America’s standing in the world, will be a priority.”

Schultz’s floating of a third-party run catalyzed widespread backlash from Democrats terrified that his bid would siphon votes off of the eventual Democratic nominee, becoming a boon to President Donald Trump’s candidacy.

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  1. “Common-sense policies and initiatives that can help address widening inequality at home, while strengthening America’s standing in the world, will be a priority.”

    Laudable goals, sir, but I think we have more dire issues to address. How about voter suppression and gerrymandering. There are some solid initiatives happening right now that could use your tens and hundreds of millions. I mean, wow, what an impact it would be to sock that kind of investment where it’s sorely needed.

  2. I wish he’d take some of that money and give it to MadDogPAC… :laughing:

    Seriously, I agree with @beattycat that he should contribute to some of the good causes that are in desperate need of $$. Innercity schools, subsidized lunches for kids, legal assistance for migrants, the list goes on and on and on…

    Or perhaps we can talk him and some of his other überwealthy friends to “adopt a country” – and help Puerto Rico or, now, Bahamas with contributions to rebuilding.

  3. And a nation bows its head in mourning, after laughing hysterically for about 5 minutes.

  4. Thoughts & prayers for the demise of Howie’s ego.

  5. These are great ideas. Innercity schools and subsidized lunches are my most favorite. As a kid, I was never hungry, but our family was always on that edge until I was in high school. Also, I knew many kids who needed it. Considering how very important full bellies with nutritious food is to a kid growing up physically healthy and mentally sharp, I have never EVER understood why breakfasts and lunches aren’t provided at no cost, just a necessary investment. It boggles my mind.

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