How Soon We Forget: Bush’s Ratings Rise

Posted on August 23, 2013

PRINCETON, NJ — Americans’ views of former president George W. Bush have improved, with 49% now viewing him favorably and 46% unfavorably. That is the first time since 2005 that opinions of him have been more positive than negative. Bush has maintained a fairly low profile in the four years since he left office. However, […]

Continue reading →

Facial Profiling. First, Oprah. Now This!

Written by Gary North on August 22, 2013

Duck Dynasty opened this season with the largest audience for a non-fiction show in the history of cable TV: almost 12 million viewers. But the show has not made it into certain circles in New York City. Jase Robertson had a run-in with a facial profiler. He tells the story here. You will also learn […]

Continue reading →

The FED’s $500 Billion/Year Mortgage Subsidy Has Backfired

Posted on August 22, 2013

WASHINGTON, D.C. (August 21, 2013) — Mortgage applications decreased 4.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 16, 2013. The Market Composite Index, a measure of mortgage loan application volume, decreased 4.6 percent on a seasonally adjusted basis from […]

Continue reading →

Wells Fargo Lays Off Mortgage Workers. Why? Rising Rates.

Posted on August 22, 2013

(RTTNews.com) – Wells Fargo & Co. ( WFC ), the fourth-largest bank in the U.S. by assets, will cut 2,300 mortgage-related jobs across the U.S. as higher interest rates slow down refinancing activity, according to media reports on Wednesday. Wells Fargo has reportedly provided a 60-day layoff notice to 2,300 employees in its home-lending unit […]

Continue reading →

Health Insurance Costs: $16,351 a Year per Family

Written by Gary North on August 21, 2013

HealthInsuranceChart

This may seem incredible. It’s true anyway. The Henry J. Kaiser Foundation has released the figure. This is what the typical premium costs for families whose health insurance is paid for by their employers. The main advantage is that this is not taxable income. For workers whose employers provide health insurance coverage, this is a […]

Continue reading →

Los Angeles City College Trustees Ban the Word “Gun.”

Written by Gary North on August 21, 2013

The word “gun” conjures up a mental image of a gun. Guns kill people. Conclusion: the word must be banned from the college catalog for Los Angeles City College, the immense tax-funded community college with multiple campuses. The NRA teaches a course on gun safety. That course is now banned. There will be no guns […]

Continue reading →

Thomas Sowell’s One-Liners

Written by Gary North on August 21, 2013

Several times a year, economist Thomas Sowell gathers together his 3×5 cards and posts a series of one-liners. I am aware of no other columnist who does this. I can tell you for sure that no other economist has ever done this. Will Rogers used to do it. Sowell is in distinguished company. His statement […]

Continue reading →

Barnes & Noble Slides Toward Bankruptcy

Written by Gary North on August 21, 2013

Barnes & Noble is headed toward bankruptcy. It will join Borders in the graveyard of failed business plans. Technology changed. Barnes & Noble didn’t. You may remember You’ve Got Mail (1998). It was a movie about a small bookstore that could not compete with a huge bookstore that was modeled after Barnes & Noble. Technology […]

Continue reading →