Howard Schultz

Billionaires Howard Schultz And Tom Steyer Represent Threat To Democratic Victory In 2020

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The last thing the country needs is another multi billionaire who has no government experience as a Senator, a Congressman, a Governor, a Mayor, a Cabinet Officer, or a military career.

We have gone that route with Donald Trump, and while multi billionaires Howard Schultz and Tom Steyer might be considered vastly different than Trump for sure, still the reality is that they are simply running, because they have the financial means to run, and do not need to ask for public support and funding.

That in itself is an outrage, and we should not consider anyone who has not faced Americans in a voting situation in his or her past, and a proven record of accomplishment, to be our President.

The fear is that either Howard Schultz, who has said he will run as an Independent, and Steyer, who is saying he is a candidate for the Democrats but could decide to run an Independent race, could be on the ballot in all or most states, and take away votes that would favor the Democratic nominee, and throw away the hard efforts of the Democrats, and reelect Donald Trump.

Either or both could become the spoiler, as was the case with Pat Buchanan and Ralph Nader being on the ballot in Florida, and taking away the election from Al Gore, in favor of George W. Bush in the 2000 Presidential election.

Twice There Have Been Three Presidents With Two Terms Of Office: Are We Likely To Have This Record Broken In 2020?

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The years from 1993-2017 saw three consecutive Presidents serve eight years in office, with Bill Clinton, George W. Bush, and Barack Obama.

This was only the second time that this had happened, with the first being under Thomas Jefferson, James Madison, and James Monroe from 1801-1825.

So the question arises what are the odds of Donald Trump winning a second term, and serving eight years in office?

One would think that it would be highly unlikely that Trump, after such a divisive and unconstitutional Presidency, the worst in American history bar none, could possibly accomplish that feat.

But the fear is that it could indeed happen, if the following conditions occurred;

Donald Trump takes us into a major war, as divisive as that might be, because never has a sitting President lost reelection in the middle of a war.

The Democratic Party splits and divides, and is unable to be unified around a nominee.

A major international terrorist attack takes place shortly before the election, having the tendency to unite people around the sitting President in a fit of patriotism.

An independent candidate with money, such as Howard Schultz of Starbucks fame, or Tom Steyer, runs a campaign and gains a substantial percentage of the popular vote, denying it to the Democratic nominee.

The economy continues to flourish, which seems unlikely as this entry is being written, as already, it is the longest economic expansion in American history, and cannot go on forever. But if there are no clear signs of a recession before the election, the President in office invariably gains the edge in the election results.

So with these five scenarios, it is clear that Donald Trump, despite all we know about his shortcomings and abuse of power and corruption, could be the fourth straight President to win two terms in the Presidency, breaking historical record.

Justin Amash And Howard Schultz The Potential Spoilers In 2020 Presidential Election

Ronald 6 Comments

In the midst of the battle for the Democratic Presidential nomination in 2020, one can lose sight of the reality that a third party or independent candidate could affect the election result, as it did in 2016.

Third parties and independent candidacies for President have played a role in past elections, and the death last week of Independent and Reform Party Presidential candidate H. Ross Perot brings that to mind.

Presently, we have two potential spoilers–Michigan Republican Congressman Justin Amash, who might run as the Libertarian Party nominee against Donald Trump; and billionaire businessman Howard Schultz of Starbucks fame, who might run as an independent nominee, and harm the Democratic Presidential candidate.

Either or both could draw millions of votes, as Gary Johnson of the Libertarian Party and Jill Stein of the Green Party did in 2016, when Johnson gained 4.5 million votes and Stein gained 1.5 million votes. Additionally, Evan McMullin of Utah, who ran as an Independent, gained about nearly three quarters of a million votes. So together, these three non major party nominees gained a total of about 6.75 million votes , about 5 percent of the total popular votes cast.

Ralph Nader and Patrick Buchanan had played roles in the 2000 Presidential election, as Ross Perot did in 1992 and 1996. And John Anderson was a factor in 1980, as George Wallace was in 1968.

Whether Amash and or Schultz will be a major factor in 2020, and draw millions of votes, is a center of speculation in the summer of 2019!

Elizabeth Warren’s Proposed Tax On MultiMillionaires and Billionaires Not Going To Impoverish Anyone, As Two Percent And Three Percent Loss Of Wealth Is Laughable For Them To Be Disturbed About

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Senator Elizabeth Warren of Massachusetts, a declared candidate for President, has proposed a wealth tax on multimillionaires and billionaires, and has caused a ruckus, including that of two potential Presidential candidates, who are billionaires.

Former Starbucks CEO Howard Schultz, who has indicated he plans an independent candidacy, is outraged, as is Michael Bloomberg, former NYC Mayor, who plans to announce as a Democrat for President.

Both want to only give support through generous donations, but are opposed to being forced to pay a high level of taxes.

But their protest is preposterous, as they could never spend or utilize all of their fortune, and they seem unwilling to take the view that their success requires them to pay a small percentage in taxes.

What does Warren propose, after massive tax cuts for the wealthy under Ronald Reagan, George W. Bush, and Donald Trump?

Those who have assets of $50 million or more would pay 2 percent annually, which is only $1 million, and easily made up in interest.

Those who have assets of $1 billion or more would pay 3 percent, or a minimum of $30 million, which is a “drop in the bucket” if you have a billion dollar fortune, and also easily made up in interest over the next year.

A wealthy person never really loses his assets as the interest is always more than two or three percent.

Only a small less than one percent of taxpayers would face this tax, but it would raise a lot of money to deal with social and economic matters that affect a population becoming poorer and the middle class dwindling.

For these and other wealthy people to complain about this small percentage of their wealth being taxed, is totally preposterous and outrageous.

Billionaires Howard Schultz And Michael Bloomberg Are NOT The Way To Go, Following Donald Trump

Ronald 11 Comments

The campaign for the Presidency has begun with strong attacks by Billionaires Howard Schultz and Michael Bloomberg against the Democratic Party going too far to the Left, such as Medicare For All and Free Public College and University Tuition, for the first two years of higher education.

Schultz is the bigger threat, as he plans to run as an Independent, and by so doing, could help Donald Trump/Mike Pence to win another term in the White House.

But Bloomberg is also attacking progressive ideas as unworkable, without any concept of how to make health care and higher education, as well as environmental advancement, and even other issues, to advance to a more fair and just future.

After the disaster of Donald Trump, will the nation go for two billionaires who, while certainly not as conservative as Trump, and having a nicer facade, really do not understand the plight of the struggling middle class and the poor in this country?

And, while no one wishes to discuss this issue, the fact that both Schultz and Bloomberg are Jewish, in a nation where antisemitism still is prevalent in the South and Midwest, encourages more danger against Jews, by two men who have no clue as to what it is to live from paycheck to paycheck.

Their running for the Presidency, as they are making clear, only encourages more conspiracy theories on the Right, and also more left wing anger, and undermined the possibility of either, realistically, being able to promote political unity in the 2020s.

Terrible Idea To Have Notable Third Party Or Independent Presidential Candidate In 2020 Presidential Election

Ronald 5 Comments

The thought that a notable third party or independent Presidential candidate might participate in the 2020 Presidential election is a terrible idea.

It would cause a potential Electoral College disaster, allowing a major party nominee to win with low 40s or high 30s percentage of the popular vote.

So when we hear that former Ohio Governor John Kasich or former Starbucks CEO Howard Schultz is thinking of just that, it is clearly a danger sign that might help Donald Trump or Mike Pence win the next term in the Presidency.

That would be total disaster for the nation, and would take the already downward moral and ethical trend in America to continue, and insure an extremist right wing agenda into the mid 2020s, including a totally extreme right wing Supreme Court and lower federal courts to go on for 30 or more years into the future.

It would also likely make it impossible for the Senate to go Democratic, and for the House of Representatives to remain Democratic, once we had the confusion of a well known third party or independent Presidential candidate siphoning votes, more likely from the Democratic nominee.

While there is no way legally to prevent this, we have to hope that sanity will rule, and we will get a two way race, with all of its attendant shortcomings, rather than the mess that a third serious candidate could bring to the American political system.

Theoretical Possibility Of Nine Business People Or Celebrities With No Government Experience Who Might Run For The Presidency In 2020

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Donald Trump is the first totally non government experience candidate ever to win the Presidency.

Before him, Wendell Willkie for the Republicans in 1940, and Ross Perot, as an Independent in 1992 and 1996, also had no government experience.

With the horrific Trump experience, the question arises whether another business person or celebrity with no government experience might run for the White House in 2020, and might have a chance to win.

At least nine potential candidates have been mentioned, but most are not considered serious possibilities.

Oprah Winfrey , Kanye West, and Dwayne (The Rock) Johnson come from the entertainment world, but none of these has seemed serious about running, and somehow, with all three being African American, and Oprah being a woman, it is hard to imagine, without government experience, and just basically being a celebrity, that anyone of them would get very far.

Then, we have Mark Zuckerberg, the Facebook billionaire, who is Jewish and would be only 36 years old in 2020, and has controversy surrounding Facebook’s role in affecting the 2016 Presidential election. Also, he has made controversial statements, and comes across to many, including this blogger, as extremely arrogant, and needing much more maturity and judgment to even consider running at any time in the future.

Then we have Andrew Yang, who is an entrepreneur, promoting startups in business in many different cities across America. Yang, born of Chinese parents from Taiwan, would be 45 years old, and wants to promote a Universal Basic Income of $1,000 a month to all Americans 18-64, as part of his platform, and he has already announced for President, but the question is whether he can gain any traction.

Bob Iger, the Chairman and Chief Executive Officer of the Walt Disney Company, is Jewish, and is rumored to be interested, but there has been criticism of his leadership of Disney, and he would be close to 70 on Inauguration Day 2021.

Howard Schultz, the former Chief Executive Officer of Starbucks, is Jewish, and would be 67 years old if he won in 2020, and has a very liberal image, and seems to be seriously considering announcing his candidacy.

We also have Mark Cuban, who owns the Dallas Mavericks basketball team, is very outspoken, and has hinted at running for President. He has been all over the map politically, having expressed admiration for libertarian author Ayn Rand, but backing Hillary Clinton for President in 2016. Also Jewish in his religion, Cuban has been more of a public relations oriented person, much more noticed in the news media than most other businessmen, including Zuckerberg, Yang, Iger and Schultz. He would be likely a Republican candidate if he ran, as he calls himself fiscally conservative, although a social moderate by his own definition.

Finally, much more in the public eye since Donald Trump became President, is Tom Steyer, a billionaire hedge fund manager, philanthropist, environmentalist, liberal activist, and fundraiser, who has been on an active campaign to impeach Donald Trump, gaining a lot of attention. He has long been a Democratic activist, going back to Walter Mondale in 1984 through Hillary Clinton in 2016, and was considered to be a cabinet member twice under Barack Obama, for Secretary of the Treasury in 2009 and Secretary of Energy in 2013, but others were chosen. Steyer is often seen as the adversary of Charles and David Koch.

The only ones on this list of nine who this author and blogger see as “legitimate” are Andrew Yang and Tom Steyer, who seem to have the best credentials, but still, no desire here to have another businessman or celebrity without any government experience as our President in 2021.

In the “real world”, somehow, three African Americans (Winfrey, West, Johnson); one woman (Winfrey); four Jews (Zuckerberg, Iger, Schultz, Cuban); and one Asian American (Yang) potential candidates seems highly unlikely, in the political climate we are in, to have a real shot at being the nominee. So this means probably Tom Steyer, who is most “out there” in the present political climate and is a white Episcopalian, might be the one of the nine with the best potential. Had he actually served in Barack Obama’s cabinet, he might seem to many as a more legitimate candidate, as we have had Presidents who were never elected before the Presidency but were cabinet members, specifically William Howard Taft and Herbert Hoover.

The Trump experience makes it difficult to look at others in the non political world as better than having a Governor, Senator, Congressman, Mayor, or Cabinet Officer in the White House.

We shall see how far these nine possible candidates go in seeking the Presidency, as after the next 100 days, the announcement of Presidential candidacies, will rapidly emerge!