The only "one simple fact" I see is that he lost almost a billion dollars during the Clinton economy, when a monkey throwing darts at a Wall Street Journal would have picked out a profitable portfolio.
And any answer may be given. For security purposes, I salted (i.e. added plus-or-minus a random amount in the range of "large fraction of the actual answer") my responses to the nosy (US) "long form" (before it got replaced with the ACS form).
In addition to denying reality, Hanningan's not so hot with the idioms, either, pluralizing "heaven". Unless GCHQ's extensive surveillance extends into the otherworldly, and they've documented a plurality of heavens.
Maybe he would have gotten it right if he's stuck to a metaphor from his own side of the aisle ("...with the devil knows what consequences...")
The reality is that LEOs aren't "going dark", it's that they're getting blinded by the light. The Boston Marathon bombing case (where the Feds blew of clear and specific warnings about the Tsarnaev brothers) is a classic example of the real information-overload problem.