Thoughts on our economic situation

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Yesterday I said I was going to lay the blame of the current state of our economy squarely where it belong.

There is little doubt in my mind where that blame belongs. Consider these facts:
In 2006 and the first half of 2007 the economy was riding high. Consumer confidence was high; unemployment rates were low;
interest rates were low; production of goods and services was high. Oil and gas prices were relatively low. I could go on but I believe the above information is sufficient to prove my point.
What changed? What happened which was different?
The DEMOCRATS took control of both houses of congress in January 2007. Within a short period of time consumer confidence began to plummet.
Also, the present high price of oil and oil products is directly linked to actions taken by the 1965 Democratically controlled congress, Lyndon Johnson, Bill Clinton, Tom Daschle (all democrats) and the democrats in the 2005 congress who blocked drilling on huge tracts of Federal lands. Go back to my yesterday's blog for a more complete rundown of the actions by these people which led directly to our present state of economic and oil product affairs. Because of the shortage of oil and it's high price, hugh amounts of cropland has been used to produce corn for the production of Ethanol to replace gasoline. There is little doubt in my mind, despite contrary statements of some people within the industry, our soaring food prices are directly a result of this great increase in the production of Ethanol.