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Krugman's political analysis is likely wrong.

Putting aside the fact that ObamaBot the Tin Man has no "inner FDR" or soul
of any kind, I'd wager that the U.S. and world ruling class - not
necessarily congruent with the rhetorical run of the mill "corporate
interests" - want to stick with the horse they know.  For this the radical
right rebels have a useful idiot role in dividing and disabling the
Republican Party between now and 2012.  Barring unforeseeable accidents.

The wild card, as always, are the ELITE ruling class radical right, the
American Zionist neocons.  Racism isn't the only thing animating the
Teabaggers;  there is also their falling out with the neocons, whom they
blame for the fiascos of the Bush years that gave them Obama.  The neocons,
meanwhile, must be disgruntled with Obama's foreign policy and retreat from
overt unilateralism.   For now they are out in the cold and at a crossroads
- which way to turn?

Between the two, the neocons are the more dangerous faction over the longer
run.  The Teabaggers are clowns.  The neocons proved that they could grab
executive state power in the Bush years, and can do it again.

-Matt
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