No one knows for sure the real earnings of American corporations. In Q1 2009, according to the Federal Reserve flow of funds table F.102, after-tax profits of US non-financial, non-farm corporations, on an annual basis, were about $589.9 billion. However, about 50% of these after-tax earnings were disbursed through stock buybacks, primarily to support prices and give […]

The rest of the world holds $16.8 trillion in US financial assets, according to Federal Reserve release Z.1, as of Q1 2009. […]

The trillion-dollar Obama health care plan increases the odds that US economic recover will be delayed, and that unemployment and inflation will increase. The main thrust of the Obama plan is to increase taxes on individuals earning more than $250,000 a year, while forcing all but the tiniest businesses to purchase health insurance coverage […]