Starbucks takes a beating for being anti-Trump

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Politics Chatboard

Starbucks takes a beating for being anti-Trump

by EasTexSteve

Mar 8, 2017

The backlash from some consumers about Starbucks' decision to eventually hire 10,000 refugees worldwide could negatively impact sales in the near term, according to analysts at Credit Suisse, who reiterated a hold rating on the coffee seller.

"Our work shows a sudden drop in brand sentiment following announcement of the refugee hiring initiative on Jan. 29th, to flattish from a run-rate of ~+80 (on an index of -100 to +100). Net sentiment has since recovered, but has seen significant volatility in recent weeks," equity analyst Jason West wrote in a research note.

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Apparently
Trump says H-1B for me, but not for thee.

On 3/13/17, long-time lurker wrote:
> On 3/13/17, EasTexSteve wrote:
>> On 3/13/17, long-time lurker wrote:
>>
>>> hypocricy: the practice of claiming to have moral
>>> standards or beliefs to which one's own behavior does
>>>...See More

Mar 13, 2017

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EasTexSteve On 3/13/17, long-time lurker wrote:

> I'm okay with accepting that people have different values
> than my own, as long as those values don't infringe on my
> own. I have my own family to worry about.

Oh, but they DO INFRINGE on your values. For example, if
you are a responsible person who looks out for their...See More

Mar 13, 2017

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long-time lurker On 3/13/17, EasTexSteve wrote: > On 3/13/17, long-time lurker wrote: > >> I'm okay with accepting that people have different values >> than my own, as long as those values don't infringe on my >> own. I have my own family to worry about. > > Oh, but they DO INFRINGE on your values. For example, if > you are a respon...See MoreOn 3/13/17, EasTexSteve wrote: > On 3/13/17, long-time lurker wrote: > >> I'm okay with accepting that people have different values >> than my own, as long as those values don't infringe on my >> own. I have my own family to worry about. > > Oh, but they DO INFRINGE on your values. For example, if > you are a responsible person who looks out for their > family, you most likely have auto/health/home insurance to > make sure that you are prepared for any emergencies that > may arise. However, the bum down the road lives from (his > wife's) paycheck to paycheck and would rather spend their > money on that new 40k pickup truck sitting in his > driveway, which he only needs to pull that new 30k boat he > bought last year. Since he's "too poor" to afford any type > of insurance, he has to depend upon Obamacare subsidies > and free trips to the emergency room whenever the need > arises. Now, who do you think get's to take up the > financial slack on that? YOU DO! It's people like him who > make it more expensive for you to take care of YOUR > family. I won't even mention the fact that his mobile home > burnt to the ground last fall, and, of course, they were > penniless and homeless for some time until the rest of the > community could bail them out of trouble. He definitely > had an negative effect on the financial well-being of the > local community. But hey, he still has the truck and boat! > The mobile home is gone, but I have a sneaky suspicion it > was about to be repossessed anyway. >

When I look at the wasteful spending of the money I spend in taxes, my neighbors are the least of my worries.

> >> Committing to hiring veterans and refugees is hardly >> "spitting in the face" of consumers. They have more >> customers outside of the US than they do in the US. I >> think they learned a lesson before this policy. Their >> commitment to hiring refugees is still on their website. >> >> -ltl > > Putting the needs of immigrants over those of American > citizens in this country definitely does spit in the face > of American consumers. And, by the looks of their stock > price, I'm not the only one who thinks so.

One of the requirements for refugees coming to America is that they find/maintain employment. This policy strengthens the participation and assimilation of refugees, on their path to citizenship. Equating refugees and immigrants who follow the laws with criminals spits in the face of Americans.

-ltl

Mar 13, 2017

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