One of my favorite intellectuals.

Thomas Frank writes about how Republicans may gain power again: conservative anti-elitism.

In that situation, Republicans may well decide to press their offensive against the elite by depicting the Democrats as the party of Wall Street. I know this sounds counterintuitive, possibly even hypocritical. And yet, if they choose to take that route, Republicans will have a lot to go on. Mr. Obama’s great success in reaping campaign money from Wall Street, to begin with. Or his mystifying tendency to give important economic oversight jobs to former hedge fund managers and investment bankers — rather than, say, regulators or experts in corporate crime.

He may be right, but a lot of it depends on health care. If health care passes, it marks the end of the Republican party, and inevitable left-ward shift in American politics.