Howard Schultz: 'Obamacare Is 'A Good Thing For The Country'

[font color=blue]This is Posted in the Barack Obama Group[/font]

Howard Schultz: Obamacare Is 'A Good Thing For The Country'

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President Obama’s signature health care law is “a good thing for the country,” Starbucks CEO Howard Schultz said in an interview with CNBC anchor and USA Today contributor Maria Bartiromo published Monday.

Schultz’s remarks come just a few weeks after he told Reuters that the coffee chain would not use the Affordable Care Act, or Obamacare, as “an excuse” to cut health benefits or worker hours.

Several companies have recently announced cuts to worker benefits, citing concerns about rising costs under Obamacare. The law requires employers with 50 or more full-time workers to offer health care coverage, or pay a fine.

Just last week, The Huffington Post reported that Trader Joe's would be cutting health care benefits for part-time workers who log fewer than 30 hours per week.

In August, UPS, the country’s fourth-largest employer, said it would stop providing health insurance for spouses of non-union workers who can get health care through their own employers, according to Reuters. IBM also recently announced that it would end company-provided health coverage for about 110,000 retirees.

Schultz suggested in the interview with Bartiromo that his support for Obamacare was rooted in the belief that companies “need to significantly invest back into the country."

There's more..
http://www.huffingtonpost.com/2013/09/16/starbucks-obamacare_n_3935999.html

And, back in November 2012

"Why Obama Endorsement From Starbucks CEO Who Battled Obamacare Is A Big Deal"

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If anyone knows business, it’s Starbucks CEO Howard Schultz. That’s exactly what Glenn Beck‘s The Blaze said last year. Howard Schultz, the long-time leader of coffee giant Starbucks (NASDAQ:SBUX), now says he is voting for President Obama, after spending much of last year attacking Obamacare so much that he became a center point of Republican Majority Leader Eric Cantor‘s press releases. Schultz this year added that an ability to lead in a bipartisan fashion was a prerequisite for his support. And today, he gave that support to President Obama, citing his performance during Hurricane Sandy.

Mitt Romney has been running on the (false) claim that he will create 12 million jobs and make the economy shine bright. For Howard Schultz, the man whom the right says “knows business,” to endorse Barack Obama, is a huge slam to Romney and his entire platform, fake as it may be.

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And today, just days before the election, Schultz announced to CNBC that Starbucks earnings were better than expected, that he is raising shareholders’ quarterly dividends by a whopping 24%, and he’s voting for Barack Obama.

There's more..
http://thenewcivilrightsmovement.com/why-obama-endorsement-from-starbucks-ceo-who-battled-obamacare-is-a-big-deal/politics/2012/11/01/52760

And, throw in the parting of the ways with Morning Joe..

MSNBC’s Morning Joe Is No Longer ‘Brewed by Starbucks’

http://www.mediaite.com/tv/msnbcs-morning-joe-is-no-longer-brewed-by-starbucks/

Raise the glass for Howard Schultz

[font color=blue]BOG[/font]