I find it very hard to blame all that on the new Democratic congress. Bush is still vetoing everything.

The housing boom started long before the Democratic change came about. People started buying up the houses and try to sell them at a profit. This was waned to be a bad thing back two years ago . After the bubble burst, people were caught with houses they could not afford and houses they could not sell.

Blame the houses in foreclosure on the Republicans that tweaked the requirements for getting a home so that all of those that could not afford one became eligible and took out the ARM loans and got screwed by big business.

A lot of the confidence and unemployment can be tied to the housing collapse. No one can buy new homes because they are over-pricing their old homes and cannot sell them so no homes can be built. Therefore they are laying off most of the construction type workers.

The price of oil is going up because Bush started the war with IRAQ and ****ed at least half of the middle east countries. Now it is costing $2 billion a month to support the war. No wonder prices are plummeting.

Just my thoughts.

Z