2-”Let’s remind ourselves that the Fed is a semi-public, semi-private organization…”
Wrong again. Let’s remind ourselves that the Fed is an unaudited, self-regulated, opaque private cartel of central bankers whose interest is generally diametrically opposed to the public interest and public welfare.

3- “U.S. economic problems are essentially structural in nature.” This is true, but not for any or all of the reasons listed: “due to a bad housing mortgage policy, a bad industrial policy, a bad financial policy, a bad fiscal policy, a bad foreign investment policy, too much entitlement debt, severe demographic problems related to the aging baby-boomers, and to very costly wars abroad.”
No, the structural defect is found in the nature of our currency – that it is a privatized debt-based currency issued by the Fed and loaned to the government with interest. Our money does not represent wealth, it represents debt. And the fact that it is created by a private banking cartel and is subject to interest makes it inherently self-destructive: The currency supply can never be enough to service industry and repay debts which are constantly being multiplied by interest. As MichaelKenny noted above, it is the nature of our dollar that is the cause of practically all the world’s problems. That it is debt-based and subject to interest is why. We ought to repeal the Federal Reserve Act and create interest-free currency.
That Mr. Tremblay doesn’t seem to know any of this, or fails to bring it up if he does, makes this article appear as nothing but propaganda: Discuss anything but root causes and keep everyone confused.