Umm why are the lefties so overexcited, lets analyse the facts here for a second:
* Bush has had six years with a majority in house and congress, he'll have only 2 years as a lame duck president, which is alot better than most presidents like Clinton ever got.
* Historically the ruling party has lost out in midterms in a two term president history, infact this is one of the weakest pickups in history after Reagan's second midterm. Given the political sitution, the Dems didnt do nearly as well as would have been expected.
* The Democrats that give the leftie Dems their majorities are Dems like blue dogs, southern democrats, social conservatives, military dems like Webb etc. So there may be some change in the direction of taxation, and maybe some general points about the Iraq war, but most things like the War on Terror and the Bush admin social initiatives wont just continue, there's actually more conservative Democrats going in then there are moderate and liberal Republicans coming out.
What do I mean by "Democrats like blue dogs etc." , well people like Zell Miller
http://www.youtube.com/watch?v=fENTx9gMB4w
http://www.youtube.com/watch?v=WVvZ8FW2D2M
http://www.youtube.com/watch?v=bDQ_urqKT6E
* BUSH VETO EVERYTHING, and there's no way anyone but the far left democrats and few very pissed off libertarian republicans are even going to think about things like impeachment or stopping conservative social initiatives.
So yeah, perspective people ..