Thursday, September 15, 2011

Starbucks CEO: "Crisis Of Leadership" In DC

EAST HAMPTON, N.Y. - Howard Schultz is CEO of Starbucks, a Fortune 500 company with 200,000 employees worldwide. More than half of them are in this country. Thirty-six thousand were hired this year alone.

CBS Evening News anchor Scott Pelley reports Schultz has challenged other CEOs to step up their hiring, and to join him in withholding campaign contributions to Washington incumbents.

Schultz says that instead of giving campaign contributions to politicians, his fellow CEOs should use the money to create more jobs.

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