Nice post, Chuck. I would go even further and say that the bankruptcy of the Democratic Party, as well as (mostly feigned) ideological splits might even lead to a reallignment in which the Democratic Party is, as you intimate, dissolved and a third party will take its place as a major party. Whether this party would be an existing third party or some entity hitherto unknown is another question. It's doubtful, though, that the oldest continual political party in the United States could withstand another internal politcal reallignment-- it's like an old piece of silly putty that's been stretched too many ways and smashed into too much 'family circus' ink. And it's fraught so much with corporate interests that I doubt they would be able to find their true ideological ass with both hands and a nightstick flashlight.
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