It has been weeks since I watched the Sunday morning news shows.

As I listened to the crew complain about Obama, the economy and Nancy Pelosi, it just struck me. What a bunch of wealthy, Baby Boomer dreamers. George Will and Sam Donaldson? What planet do they live on?

I am sorry but the problem with the economy is not that Obama needs to be more positive and give us all hope and confidence.

The problem with the economy is that for the past 8 years, the President and the Republicans dug a titanic financial hole in the ground. As they were living it up and reveling in their own short-sighted greed, they either sat idly by or actively contributed to creating the largest financial mess in history. Before we can move forward, someone is going to have to fill that hole back up again.

Instead we are borrowing more and more. $2T for 2009 alone. We are going to be setting debt to GDP records as we match the bad 1980's and then WW2 levels.

And here we are with the professional news media on TV telling Americans that all we need is a little confidence and to start spending again. It is so shallow and brazen you almost have to laugh. There is a lot of good information out there on what has been happening but you have to seek it out because the main streamers dont seem to know much of it.

People cant start spending again because they have been spending money they dont have for the last 15 years. Before we can really start spending again, we have get past the big debts we have already accumulated.

And its not just us. We exported our debt binge to every country around the planet. The stock market and the talk show hosts dont seem to read the paper. All I see is bad news, everywhere. Russia, China, Venezuela, Mexico, Brazil, Hungary, Iceland, Cambodia, Australia...

Life goes on but there is no guarantee it will be the life we knew or the life we want. (If I was a betting man, I would say it wont be either.)

I don't know what the future will bring but it is deeply disconcerting. When lots of people are unemployed and worried, it makes people stressed, angry and ultimately irrational and violent. When countries struggle with mass unemployment and fear, extremist politicians tend to get elected and they tend to start wars.

And the worst part of all this is that we did it to ourselves. Happy Sunday to you.