The Flow of Funds Accounts of the Federal Reserve System for the last five years goes a great distance in explaining the ongoing financial and economic malaise of the U.S. economy. The total credit creation was trending upward and reached a peak in...
Barrack Obama took office hoping to be the “President of Change”. He may be the first twenty-first century president to serve only one term and go down as the “wrong man for the job.” When Barrack took office the United States had a very large...
