[ad_1]
Former Starbucks CEO Howard Schultz announced Friday morning that he was officially giving up the exploration of an independent presidential campaign, but the billionaire said he was planning to spend significant funds to "transform our failing system".
Schultz, in a letter to howardschultz.com, spoke of the general apathy of voters, the institutional obstacles to an independent candidacy and the problems among the reasons for not asking the presidency.
2020: PROCEEDINGS OF TWO HOUSTON RIP DNC DEBATES FOR "LACK OF TRANSPARENCY," & # 39; WANT TO PRESS
"I did not believe in the need to reform our bipartite system, but I concluded that an independent campaign for the White House is not the best way to serve our country at home. time, "wrote Schultz. "I will move this electoral cycle and the years to come to support bold and creative initiatives to transform our failing system and address the disparity of opportunity that afflicts our country."
The 66-year-old presidential candidacy for the center-left was seen as a possible hurdle for anyone who won the Democratic nomination for the presidency and particularly threatened the more moderate candidates – such as the favorite and the former vice-president. President Joe Biden – who introduce themselves, something that Schultz acknowledged while he was retiring.
"If I went ahead, my name might appear on the ballots, even if a moderate Democrat won the nomination, and that's not a risk I'm ready to take," he said. writes Schultz.
Although not quoting a precise figure, Schultz said that he planned to use "the money that I was ready to commit to a presidential campaign" in order to pursue his political goals, investing in "people, organizations and ideas promoting honesty, civility and politics, and moving the country beyond the stalemate of both parties". The former head of the mega-coffee chain had previously announced that he was planning to spend more than $ 100 million for an offer to the White House. His monetary contribution in the 2020 race should therefore be important.
CLICK HERE TO GET THE FOX NEWS APP
Schultz said in January that he was considering a possible race for the presidency. He suspended the plans in June, when the workforce was reduced, and said he would reconsider his decision after Labor Day.
If he had run, Schultz would follow in the footsteps of President Trump, another non-political billionaire, although his efforts have been crowned with success in the tent of one of the two main parties.
[ad_2]
Source link