Well ...
Since it doesn't look like Cheney is going to step-down any time soon, I'm going to go out on a limb a little early and predict that the 2008 elections will see the first stage collapse of America's two-party system. And here's how I think it will happen:
In a fashion similar to Senator Joe Lieberman's 2006 re-election (but writ large), both sides will cleave into a "party faction" and a "base faction".
On the Democrat side, for example, I predict Hillary will control the "party faction" (and the traditional party apparatus). She will be opposed; however, by the "base faction" of the left (epitomized by the
MoveOns) -- who will have their own nominee and fancy themselves as in control.
For the Republicans, I suspect Mitt will lead the "party faction" -but- the primary will actually be won by
an independent who wins hearts of "the base". That is,
unless there's a major terrorist attack.
I think this dynamic is exacerbated by the complete breakdown of the parties' convention mechanism. No longer are the political conventions a mechanism for hashing-out intra-party differences (in order to select the best representative). They're now simply big commercial events -- Superbowls of politics where the outcome is known well in advance of the closing gavel. Because of this, I predict, the
real vetting process moves to the net -and- folks begin to realize it's turning into a 4-way race.
Enter the Libertarians, Greens, Reforms, et al.
Everyone decides they have a shot at the brass ring and will attempt to muscle into the final debates (a move both encouraged and facilitated by the internet) -- then -- Katie bar the doors -- we'll have a 5-way, 6-way race?
Where do we end up? In a spot where
the next President of the United States is likely to win with less than 40% of the vote.
Mark my words!