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Friday, April 26, 2013

Dump Starbucks Stocks

BREWING TROUBLE: CHRISTIAN GROUP URGES STOCK DUMP OVER STARBUCKS GAY MARRIAGE SUPPORT
[Excerpts]

Offended by the decision of Starbucks chief Howard Schultz to support gay marriage,
a Christian organization is seconding the CEO's demand that Christian shareholders
sell their stock in the ubiquitous coffee chain.

"Christians and pro-family groups across the United States have contributed significantly
to the economic success of Starbucks," said American Family Association President
Tim Wildmon. "However, we can certainly honor Mr. Shultz's request to take our business
elsewhere."

At Starbucks' annual meeting last week, shareholder Thomas Strobhar, who runs an
organization that opposes gay marriage, criticized the company for supporting same-sex
marriage, claiming that taking a public stance on the issue was hurting its bottom
line. This came after Starbucks last year backed a bill to legalize the practice
in Washington state, which led to the National Organization for Marriage boycotting
the coffee chain.

Mr. Schultz then invited those who disagree with the store's support for gay marriage
to sell their shares and leave the company.

"If you feel, respectfully, that you can get a higher return than the 38 percent
you got last year, it's a free country," Mr. Schultz said at the shareholder meeting.
"You can sell your shares of Starbucks and buy shares in another company. Thank 
you very much."

http://www.washingtontimes.com/news/2013/mar/28/christian-group-urges-stock-dump-over-starbucks-ga/#ixzz2Owlgt3BC

[TBC: The remarks of Starbucks chief Howard Schultz are an appeal to the greed of
humanity. He ducks the moral issue and dangles the "38 percent" return investors
in Starbucks received. Whenever one stands for a moral issue, there will be a cost
to us. "If ye were of the world, the world would love his own: but because ye are
not of the world, but I have chosen you out of the world, therefore the world hateth
you" (John 15:19).]

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