CEO, Howard Schultz, has written a letter to the heads of major corporations on the New York Stock Exchange and NASDAQ asking them to join him in boycotting all political donations to all politicians in Washington, until they “get the country’s economic circulatory system flowing again.” Spend political money creating jobs, not buying politicians, he says.
What I like about this idea is that the recipients of Congressional largess (not us, corporations) are starting this boycott. Not a grass roots campaign of people that will, as usual, have no effect. This is big money. Corporate money. Money they won’t get if this boycott takes hold. Enough, potentially, to make those same politicians stand up and take notice.
I think there is enough of a groundswell of frustration in this country with the politicians we elect doing nothing but helping themselves and their rich buddies, that if a watchdog organization like Democracy 21 publicizes those companies that break the boycott (like, perhaps, the Koch Brothers?) by continually giving to certain politicians, or by publishing the names of politicians that take corporate contributions in violation of the boycott, we voters can approve or disapprove by withholding votes for those politicians that continue to take corporate money.
And, it could even lead to a wave of politicians who renounce corporate money. Think about it. If a politician was lobbing negative ads paid for with corporate PAC money, and his opponent had renounced all corporate contributions, who would you vote for?
Yes, I like this idea. It has potential.
I knew I was drinking the right coffee.