Thoughts

The theme that connects them all is disenfranchisement, the sense that the world is shifting deeply and inexorably beyond our ability to control it through our democratic institutions. Everywhere, the people feel as if someone else is now ruling them—and see no way to regain control. In the U.S., the hefty majority for sweeping reform behind Barack Obama’s victory in 2008 has been stopped in its tracks by slightly more than half of one House in the Congress and by a historically unprecedented filibuster in the Senate. The Republicans have gone on record declaring that it would risk national default rather than cede a millimeter on taxes.

So how is it likely to play out - Romney wins GOP nomination / big bank fails / tea party decides to run third party candidate.

How likely is it that there will be a 2012 election?