Republicans can breathe a sigh of relief…
Former Starbucks CEO Howard Schultz announced Friday morning he is officially abandoning his exploration of an independent presidential campaign, but the billionaire said he plans to spend significant funds to “transform our broken system.”
Schultz, in a letter posted to howardschultz.com, cited general voter apathy, institutional roadblocks to an independent candidacy and back woes among the reasons for not seeking the presidency.
“My belief in the need to reform our two-party system has not wavered, but I have concluded that an independent campaign for the White House is not how I can best serve our country at this time,” Schultz wrote. “I will spend this election cycle and the years ahead supporting bold and creative initiatives to transform our broken system and address the disparity of opportunity that plagues our nation.”
The 66-year-old’s intended center-left candidacy was seen as a possible impediment to whoever wins the Democratic nomination for president and was particularly threatening to the more moderate candidates – such as front-runner and former Vice President Joe Biden – who are running, something Schultz acknowledged as he bowed out.
“If I went forward, there is a risk that my name would appear on ballots even if a moderate Democrat wins the nomination, and that is not a risk I am willing to take,” Schultz wrote.
Though not citing a specific figure, Schultz said he planned to use “the money that I was prepared to commit to a presidential campaign” to further his policy goals, investing in “people, organizations and ideas that promote honesty, civility and results in our politics, and that move the country beyond two-party gridlock.” The former head of the coffee mega-chain had previously said he planned to spend more than $100 million on a White House bid, so his monetary contribution in the 2020 race is likely to be sizeable.
Schultz said in January he was exploring a possible presidential run. However, he put those plans on hold in June amid reported staffing cuts and said at the time he would revisit his decision after Labor Day.
If he had run, Schultz would have followed in the footsteps of President Trump, another billionaire non-politician, though his successful effort came inside the tent of one of the two major parties.
Src: Fox News
This joker has no support.
The system is not so much broken but corrupted.It is nearly impossible for one person to drain the swamp as the swamp is full of pesky mosquitoes,snakes,gators and leeches.The Democrats that are running are no different than A.Hitler or Stalin.All they have to offer is death and high taxes.Sanders wants to murder millions of innocent babies,but don’t kill an absolutely guilty killer.They all want to confiscate guns from law abiding citizens.Which most guns belong to.Real criminals will be left alone.They are allowing illegals to pour through the border.All of them want to use Executive action to do all the things that Dictators do.Grab your guns and shut you up one way or another.They will have no problem with a permanent solution.Basically they will be starving millions of us to death.The excuse being to save the planet.Unfortunately they will not go first.If this doesn’t sound like past history then maybe people should get their heads either out of the sand or their behinds.
You sir are 1000% correct. The current Democratic party doesn’t give one dam about legal taxpaying citizens EXCEPT to tax the hell out of them to support their “give away to the illegals & the young & stupid ” who think all the “FREE “shit they are promising won’t cost them anything.
As soon as the ” young & stupid ” have to support themselves & realize ” NOTHING IN LIFE IS FREE ” it will be to late for them, & they’ll be dependent on the government,who will tell them how to live their lives.
Who? Does he not know that there is no longer such a thing as a moderate Democrat? All of those running are off the deep end for Socialism. It would be nice if someone would run against Democrats on the left, they need the competition. And independent liberal would be great news.
He doesn’t want to lose, and he would anyway.
Money doesn’t count here, and the democratic party will have a rude awakening.
Donald Trump has put a panic throughout the corruption that has been going on for years.
Really, it’s apparently showing when you have all of the democratic stuffers showing true colors.
Now they will fight among themselves to see who will lose against Donald Trump in 20/20.
They just don’t get it…..and I thought the brightness minds in existence were found in the United States government.