Mark Tapscott at the Washington Examiner lays out why the TEA Party folks should avoid a third party run:
"The Tea Partiers are not a traditional third-party movement, they are instead the most visible manifestation yet of what Examiner contributor Glenn Reynolds calls "an army of Davids" made possible by the Internet and that empowers "ordinary people to beat Big Media, Big Government, and other Goliaths."
Going the traditional third-party route will lead Tea Partiers to a dead end. Taking over the GOP probably should be pursued in any case, but even if successful would only win half the battle and likely would be temporary in any case.
Why settle for half a victory when Tea Partiers have within their grasp as an independent third force to be the decisive influence in both major political parties?
Tea Partiers should seek out or field candidates in both major parties who support those aims and do everything possible to elect them, then hold their feet to the fire of accountability. Just imagine a bipartisan Tea Party Caucus with sufficient numbers in Congress to drive the national agenda.
That could be a conquering army like none before in American politics."