Doug at Balloon Juice has a point: I can't think of a reason why Sarah Palin is good for conservatism either. But the notion that the GOP will lose membership to a Ross Perot/Jesse Ventura style third party is also wrong.
The Teabaggers don't want a third party. They want to take over the Republican Party and kick out everyone who is not a Teabagger. They figure once that happens, moderates will come crawling back rather than deal with the Dems. Once the moderates "know their place" and understand they need to shut up and worship Super Combat Jeebus, everything will be fine.
Sarah Palin is their Che Guevara. It really is that simple.
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