Independence Party candidate Roger Smithrud, who ran for Minnesota State House in district 58B, is best at summarizing his political party’s current trouble.

“I’m sad — I only got seven percent of the vote. I thought I’d get at least 20.”

His short frame, long grey hair and lit American Spirit give off a look of a working class American conspiracy theorist. He was standing outside the IP’s election night party at the Minnetonka West Sheraton, which mostly centered on the IP’s biggest hope of 2008, U.S. Senate candidate Dean Barkley.

The …

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It’s best to begin this post by noting that 81 percent of the United States believe this country is headed toward a bleak future. Only a third of people believe that the next generation will be better off than the current generation. Fewer than half of parents — 46 percent — expect their children to enjoy a better standard of living than they themselves do. The other day, Fed Chairman Ben Bernanke, whose job requires a basic sixth grade knowledge of stubbornness, finally acknowledged the possibility of a recession.

And it looks like some …

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