Download or read book The Splendor, Wonder, Vision and Courage of America written by Dr. Alex Huxley Westfried and published by iUniverse. This book was released on 2011-06-01 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. China, the Middle East, Pakistan, Iran and the Al-Quida are major challenges to the America's economic and moral supremacy. 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 in 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.