While basting your bird or in-between nibbles, we bring you some Economic Turkeys of 2011.
Newt Gingrich Thinks Child Labor Laws Are Stupid
Can you believe how low we've come when a candidate for President can say child labor is a really good idea and not be immediately tarred and feathered?
The Financial Times also lists political turkeys. No surprise, the GOP presidential field is topping the list.
Bank of America Touts Loyalty
Bank of America is using Pink's Hot Dog Stand, to promote customer loyalty, implying loyalty is a moral value. Is that right? Bank of America, how loyal were you when you offshore outsourced jobs and unceremoniously fired your workers? How loyal were you when one of those fired employees, Kevin Flanagan, shot himself in the bank parking lot after you just fired him?
UC Davis Pepper Spray Cop
The Turkeys have come home to roost with the cop who pepper sprayed protesting students like he's watering a flower garden. Now he's become a symbol, complete with photoshopped images.
Playing Games with Tax Numbers
It seems low taxes for the rich is something to defend at all costs. This Washington Post article boils it down and debunks, once and for all, the rich pay more taxes than everyone else. Good call WaPo, when members of Congress promote pure economic fiction as fact, we need all of the statistical reality troops to rally.
Corporations Hording Profits
Top 5 Department of Defense Turkeys
Alternet has done it's own bird hunting and has the top 5 taxpayer Turkeys of the Department of Defense projects.
Congress departs for the Thanksgiving holiday having left us a gift. With the deficit committee failing to produce a plan to cut the deficit and with across-the-board cuts now the default, there remains a real chance for us to untie the Congressional straightjacket and refocus the national conversation on sustainable and constructive job creation.
The war industry knows this, and its allies in Congress are already moving to stop cuts to their piece of the federal budget, a total of $500 billion over 10 years. We’re certain the war industry’s Congressional allies are one among many things contractor CEOs are thankful for.
But as Americans take stock this Thanksgiving holiday, we thought it appropriate we expose some other turkeys that the war industry is celebrating this holiday season.
South Korean Free Trade Agreement
It's not just America getting the shaft on free trade agreements. South Korea has their own dysfunctional Parliament. Literally, tear gas power was thrown on Parliamentary colleagues in protest of this FTA.
This year's Black Friday is beyond the pale, with stores now opening at midnight, taking over Thanksgiving. Today is supposed to be a day of rest, good food, family and friends and instead it's being turned into some hyper-frenzied consumer fest, all to save 40%. Are you kidding me? Honestly, the deals for the most part are fairly benign but turning Americans into frenzied hordes of blood thirsty Zombies, all waving Visa and Mastercard is not.
George Will is a turkey for spinning his own turkey list as some sort of conservative philosophical rant. Sorry George, iPads and iPhones are responsible for eliminating thousands of U.S. jobs. It's called Foxconn and manufacturing in China.