I
 was on my way to teach last evening and was feeling like a needed a 
coffee.  This feeling is not something rare.  I stopped at the Lake 
Forest Oasis on I-94 on the way to my Tuesday evening teaching 
assignment.  I stopped to get a coffee.  I stopped to get a coffee 
because I was in low gear because I was operating on three hours sleep. 
 I was operating on three hours sleep because of poor planning and inept
 task management. 
There
 is a Starbucks within walking distance of my house, but I stopped at 
the Starbucks in the Oasis because it is so convenient and such an 
easy-off and back onto the interstate.  I ordered what I order 86.73% of
 the time:  a grande regular coffee with room for cream.  The young 
fellow behind the counter said $2.48 as I handed him my card.  $2.48? 
 Just a week or ten days ago the very same order at this very same 
location was $2.20.  I really do not note such prices except that the 
Oasis Starbucks was already charging $.15 more than the other Starbucks 
on "surface streets." 
Wow... they raised their prices $.28 on top of the premium they were already charging.  Why? 
I
 asked the young man, the Barista as they are called, when they raised 
prices.  He answered "Just a few days ago."  I said, "that is a pretty 
hefty increase for just a cup of coffee."  It is actually a 12.7% 
increase.  That is above any increase in fuel or whatever else is 
happening.  It is after all, as my parent's generation would say, just a
 lousy cup of coffee.
Then
 a thought struck me and I uttered another question to the barista 
fellow.  "Did they give you a raise when they raised prices?"  He 
smirked and said, "no nothing like that."  I stopped asking questions, 
bid the pleasant fellow a good evening, and went to the side bar to put 
milk and artificial sweetener  into my coffee thinking that if they are 
going to charge $2.48 for a lousy cup of coffee, they should at least by
 putting the sweetener and cream in it for me.  That is what Dunkin' 
Donuts does for $.50 less per cup. 
But,
 that is not all I was thinking.  I was thinking communist thoughts.  I 
would have accepted the price increase if half of it went to the 
workers.  It did not; it went to the company and primarily to the 
executives and shareholders.  It went mostly to the 1% that the Occupy 
Wall Street movement was protesting.  I am not against executives and 
shareholders belonging, at times, to both classes.
Still,
 I wanted to tell the Barista to organize, to revolt, and that he had 
nothing to lose but his chains.  Power to the people!  I wanted to start
 an old school labor union where the Barista and I would be the first 
members. 
I
 was feeling pretty sophomoric.  That was the time of my life when I was
 the closest to being a communist.  I am nowhere near that now but I more and more I feel I am 
taking steps in that direction.  I am not one for extreme dogma.  I prefer a balanced middle ground.  My cousin David always says he is a fiscal 
conservative and a social moderate.  Except for these Starbucks like 
moments, I am in the same boat with him.  I am also pretty sure that, as
 a country, we are out of balance.   We were once too far on the extreme
 of social welfare.  We may have gone too far the other way.  We can never 
seem to find a good middle ground.  Funny, many of my fellow Americans 
believe that we are still too liberal.
Some
 people focus on gas prices or milk as their gauge of inflation.  I 
guess I am using coffee but only in this one instance.  I notice that 
prices for things are higher in big city hotels, airports, and now 
interstate oases.  I am not always checking prices but I noticed this 
increase and it irritated me.  What is $.28 really?  It is a small thing
 versus the impact that an increase to $5/gallon of gas would have on 
our economy. 
The
 power of labor unions is their ability to withhold labor and disrupt 
the operations and hence revenue and profits of a company.  The power of
 the unions has declined in my lifetime.  This is due to the 
globalization of the labor force resulting in so many hourly jobs, union
 jobs, having moved off shore.  Of the remaining jobs, a large 
percentage of them are in right to work states or union free facilities.
  Mostly people are happy to have the jobs; they have and do not want to
 rock the boat.  The most powerful unions in this country are now for 
government unions and they are under the same pressures that threatened 
other industries.
The
 difference between today and the heyday of union organizing in the 
1930s is that for most workers today, the Barista in question versus Joe 
Lunchbucket of yore, are treated much better.  People, generally, do not work in
 unsafe work places.  There are few sweat shops in this country as we 
have exported the great majority of them to the third world.  People work reasonable hours for
 moderately fair wages.  The other thing that has changed is that the 
health care and retirement benefits for the great majority of us are not
 what they once were.  Most people worry about the day to day, doing 
their jobs, and just making ends meet.  When we worry about health care 
benefits, mostly I hear people complaining about Obamacare not how are 
we going to care for all our citizens.  Oddly, very few are worrying 
about how the heck we are ever going to fund our retirements.  Sure 
self-reliance works but only for a determined minority. 
You see how my thoughts are tinged with the pink of socialism if not outright communism
So
 what if Starbucks is charging $.28 more for my lousy cup of coffee.  So
 what if they are not sharing this gain with their workers.  It is no 
never mind to the Tea Party me.  I can go anywhere to get a cuppa.  I 
can make coffee at home for less.  I can get coffee for $1 at MacDonalds
 or around $1.50 - $2.00 at venues like Panera, Dunkin' Donuts, or other
 places.  I go to Starbucks for convenience.  They have a lot of stores.
  I generally like the feel of their stores and that taste of their 
coffee.  There is a limit however in what I am willing to pay for the 
taste of their coffee, the ambiance of their stores, and the free 
internet (what part of the $.28 increase is going toward improved internet 
services?). 
I
 am not sure where my limit is for a price of a cup of coffee or the 
price of a gallon of gas.  I am not sure how far we can be squeezed 
before we organize, unionize, and perhaps truly occupy Wall Street.
 
 
Starbucks Corporation, SBA Communications Corporation Among Stocks Setting 52-Week Highs Wednesday
ReplyDeletePublished April 11, 2012
FOXBusiness
These are the nine most popular stocks that rose to 52-week highs:
The share price of Starbucks Corporation (SBUX: 59.30, +2.52, +4.43%) improved today, reaching and then surpassing its previous 52-week high of $58.47. In spite of its performance and peak price of $58.88, the stock was trading on below-average volume. On volume of 4.8 million shares, the stock has risen 3.3%. Over the last three months, the stock has gained $11.08 (23.3%) from a price of $47.60 on January 12, 2012. The stock is trading 10.3% above its 50-day moving average and 20.3% above its 200-day moving average.
Read more: http://www.foxbusiness.com/markets/2012/04/11/starbucks-corporation-sba-communications-corporation-among-stocks-setting-52/#ixzz1rnlndTsd
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