Now the election is over and the Repubs once again got their collective a$$ handed to them, it really is indeed time to build up and promote a conservative third party. The White House won`t ever be in GOP hands againnanyway, so the risks to standing up a new party aren`t nearly as pronounced as in years past.
The GOP is dead as a nationally competitive alternative to the democrat party.
I read Newt’s assessment that the GOP wouldn’t stand a chance against Hillary in 2016 and thought “well, if we don’t stand a chance, maybe we should use this as a transition period to a new party.”