As Goldy pointed out in the morning news, almost 75 percent of Asians voted for Obama. The GOP has to see the end of the road in this fact. Why? Bloomberg:

Asian-Americans happen to be the highest-earning group in the U.S., out-earning whites, and they generally place enormous emphasis on family. A perfect fit for Republicans, no? No.

What this fact reveals is that the GOP has a race problem that, under its current form, cannot be surmounted. It is stuck in race. It is stuck in the past. It is stuck in the South. To make matters worse, money no longer has the power to politically solve this problem. So, what's next? As I've said many times before, the GOP is going to split in two and the US will basically have three parties...

The real rupture in American politics is in the area of the Republican party. The exact location of this break is between its working-class base and the top layer of its professional/business elites. The break is not an isolated event but a part of the larger transformation of American politics—its current Europeanization. Obama's rise to power is also a consequence of this process. The result of Obama's presidency will be an increase of the government's role in the management of civil society; as for the break in the GOP, the result will be an American political system that has three parts: the Dems, the Republicans, and the far right. Or put another way: Obama, McCain, and Palin. The post-Obama problem for the Republicans will be how to draw to its side the more moderate elements of the hegemonic block that the Dems consolidated in Denver. As for Palin's far-right party, which, like its corresponding parties in Europe, will remain powerful but never strong enough to control the political system.

Though we will have three political parties, we will be different from Europe in this respect: The US is multicultural in a way that Europe is not. When it comes to race and immigration, Europe is in the past and the US is in the future.