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Starbucks' Howard Schultz: How we can reclaim the American Dream

Starbucks CEO: We must reclaim the American dream

Starbucks CEO Howard Schultz is the embodiment of the American Dream.

But in a speech to shareholders in late March, the billionaire CEO said he fears the opportunities that allowed him to achieve his American Dream have fallen out of the grasp of too many people.

Here is an excerpt from that speech:

I've struggled for weeks to find the right words to express the pain I feel about where America is headed and the cloud hanging over the American people.

There are moments when I've had a hard time recognizing who we are and who we are becoming. We are facing a test, not only of our character, but of our morality as a people.

It's a crucible of our lives and those of our children. The still photos in the video we shared are profoundly sad, and yet, when we hear the heartfelt words of Robert Kennedy, we're all comforted. In 1968, on the night of the assassination of Martin Luther King Jr., he stood on the back of a flatbed truck in Indianapolis with no notes and comforted an entire nation. We all long for that kind of leadership and those heartfelt words more than any other time in our collective lives.

In 1960, as a young boy, my mom took me by the hand, and we walked what seemed like miles to a rally. A presidential candidate was making a rare campaign appearance in the Brooklyn that I lived in. When we got to the rally, there must have been thousands of people...