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Dumbest of This Week's 5 Dumbest: Christmas Wins the War Against Christmas

Stocks in this article: KO LCC AMR MCD TWX HSY TR KFT DKS

As it turns out, the Internet often reflects the voice of the vocal and not necessarily the majority. Opt-Out Day did not go as planned, and travelers were more concerned with getting to where they were going on the day before Thanksgiving. By noon on Wednesday, media outlets were reporting business-as-usual conditions at most major airports.

The news that drinking glasses that were marketed to kids contained lead levels in excess of federal limits was considered dumb by 19% of voters, earning it third place in our survey.

A report conducted by the Associated Press found that some of the most popular comic book or movie-themed glasses sold by Time Warner's (TWX) Warner Brothers and Coca-Cola (KO) contained up to 1,000 times the amount of lead permitted by Federal limits for children's products.

The tests, conducted by ToyTestingLab in Rhode Island, were conducted on superhero and Wizard of Oz glasses bought from the Warner Brothers Studios store in Burbank. They found that decorations on the glasses were 16% to 30.2% lead, far exceeding the federal limit of 0.03% for children's products.

Approximately 160,000 glasses have been recalled. Coke said it is recalling over 88,000 glasses.

Close to 14% of voters found it dumb that American businesses earned profits at an annual rate of $1.659 trillion in the third quarter, the highest figure recorded since the government began keeping track more than 60 years ago -- yet still can't seem to find it in their hearts to rehire any significant percentage of the millions of workers they laid off in the last two years.


Indeed, the Fed is estimating that more than 10 million Americans will remain jobless through the 2012 elections. The current 9.6% national unemployment rate will only fall to 9% by the end of 2011, and 8% by the time the next presidential election is taking place.

Even with corporate profits up 28% in the third quarter, Commerce reported that spending by corporate America on compensation for employees in the past year has only risen by 7.6%. Meanwhile, corporate insiders have been cashing out of their stocks this month through insider sales at higher rate than at any other time in the previous few years.


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