If, as expected, President Obama wins and the Democrats retain control of the US Senate, it would be tempting to label this election as a huge defeat for Karl Rove and his billionaire-funded Super PACs. But Krugman wonders: "What if we’ve been misunderstanding Rove?"

We’ve been seeing him as a man dedicated to helping angry right-wing billionaires take over America. But maybe he’s best thought of instead as an entrepreneur in the business of selling his services to angry right-wing billionaires, who believe that he can help them take over America. It’s not the same thing.

Man, I got to get myself in on that scam! Then I could be credible (and wealthy), just like Karl Rove.

[via Atrios]