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A lot of the “facts about the economy” that this guy cites are not fundamental facts, but rather current-events items which are not related to why the economy is in the shape it is (one example: the Mississippi flooding, which while bad, has nothing to do with why the economy went down the toilet 2 years ago). Other “facts” he lists are thinly-disguised attacks on “big business”; you know, the ones that would be trying to hire people if everyone wasn’t constantly bashing them and demanding that they be punished.

I believe our problems began when Lyndon Johnson, started the “ Great Society:” at the same time we were involved in the Viet Nam War/ In order to pay for both of these programs Johnson and his cronies stole the money that had accumulated in Baltimore in the Social Security Fund. Hard Cash he talked congress into borrowing the money and putting a special bond in it's place, a bond paying 2% interest. From that time on it has been a ticking time bomb in our house. Now the chickens come home to roost/ The U.S. is just another down at the heels bum.We cannot pay our debts, even if we increased the amount of tax revenue by 300% the Government still could not pay the interest due on our debts. Sleep well your Congress is looking for ways to raise money, they now are considering selling our reserve of gold held in Fork Knox. Ho Boy.

Other “facts” he lists are thinly-disguised attacks on “big business”; you know, the ones that would be trying to hire people if everyone wasn’t constantly bashing them and demanding that they be punished.

I'm not sure what constitutes "Big Business", but let's face the fact that our economy is now intwined with the global economy, and that many multi-national companies are indeed eager to hire -- in places like India, the Phillipines, China -- where people are willing to work for a fraction of what it takes a single person in the USA to pay the rent, food, utilities and medical expenses.

The day of the blue collar, or grey collar office worker making enough to buy a house, raise a family with vacations and music lessons, a second car for mom and the teens, etc. are GONE. And Mr. Valenzuela is right about the Federal Reserve debt machine being at the heart of the problem.

Only people who work for the government, or belong to a big labor union, or are highly successful entertainers can escape the serfdom that is claiming more and more American families. And you know which party those people usually vote for.

Big business does suck. Stock prices aren’t where they want. Off-shore work. That is the solution always. Now they are scratching their heads trying to figure out why people in this country won’t buy their products. Solution off-shore more work.