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Splendor, Wonder, Vision and Courage of America
A Promising Future
Purpose of the Book
The purpose for writing this book is that America’s role on a global scale since 2009 is being made more difficult by major changes on the global scene. However, the United States will continue to be the leading power for the next decade.
Major Challenges
China, the Middle East, Pakistan, Iran and the Al-Quida are major challenges to America’s economic and moral supremacy.
Economic Reforms
Ben Bernanke, chairman of the Federal Reserve, has created major reforms in our economy to stabilize the US and avoid a depression. He has poured 1.6 trillion dollars into the American economy plus 1.7 trillion dollars in unconventional loans in 2009, reduced the interest rate to practically zero, started seven Blue Sky Lending Programs, negotiated conditions with the major international leaders in Europe that will help to recover the American economy through a major recession and invested 700 billion dollars to help Wall Street recover from a major disaster.