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FROM THIS EPISODE

Does America need a third political party? The backlash against Obama on the left and the tepid support for Romney (the "anyone but Romney” vote has gone from Bachmann to Perry to Cain to Gingrich...) would seem to make this a fine time for an independent party to emerge. But it's also the year of $1 billion campaigns and Citizens United funding schemes. Indeed, the only grass roots getting fed by cash are Republican friendly Tea Partiers. Aren't they an example of just how strong a stranglehold the two party system has on American politics? (Tony Blankley is away. Our special guest panelists this week are Matt Continetti and Arianna Huffington.)

NOTE: Today's Left Right & Center is a repeat broadcast, the second of their special year-end conversations, taking up an issue from 2011 that's sure to be part of the political conversation in 2012. Special thanks to Jody Becker for production assistance today.

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