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The Republican party is not on the verge of being replaced by some nonexistent party that only exists in your personal fantasy.

Any organization whose leadership isolates itself from its customers can die. The name of the person whose patience is exhausted by betrayals by the Republican Party is "legion, for we are many." Your #57 says,

“You can’t just pretend that a top republican is your candidate, respect Governor Palin and President Reagan enough to recognize them as GOP leaders and icons of the party that they have fought for and devoted their lives to.”

I noted that Reagan was hardly a lifelong Republican. Now let's talk about Gov. Palin. I don't know that she has ever been a Democrat, but Todd is an independent and she herself is a maverick Republican. In a quite different way, thank God, than John McCain. McCain's "maverickism" lies in his propensity for going along and getting along with AP journalism and thus with the Democratic Party which itself does little-to-nothing else but go along and get along with AP journalism. Palin's "maverickism" lies in her propensity for fighting and beating the old-boy network in the Republican Party whenever it runs at cross purposes to her perception of the public interest. She does it her own way, twice resigning when nobody thought that that was a career-enhancing move until after she had done it.
The people who held their noses and voted for McCain last time, hoping against hope that Obama could be defeated, now have one more confirmation of the fact that Republicans can't please AP journalism - and those who try to, don't please anybody. Possibly even, less than a third of the voters. People tend to not bother going to the polls to swim against that kind of tide.
Rush has cautioned against third party, and rightly so. He sees the possibility that Palin could split the party if it doesn't nominate her. Third parties are by definition foolishness. What matters is to be the first party - and the country club Republican is comfortable taking a second party attitude (John McCain, Exhibit "A"). When the rich Democrat and the "poor" Democrat (whose life style compares favorably with that of the middle class only two generations ago) gang up with the monopoly Associated Press to attack the middle class, "second party" is not good enough for the quintessential middle class nation.