"while the scandals of the 109th Congress harmed our cause, the greatest scandal in Washington D.C. is runaway federal spending." He noted that pork-barrel earmarks, midnight votes to pass entitlement programs and lack of Congressional oversight were "not in the Contract with America back in 1994 and Republican voters said 'enough is enough.'"Senator Tom Coburn had similar remarks (via Instapundit) so I'm feeling reasonably good that some good can come out of all this.
Finally, Bill Whittle also has some wise words. I think he's probably right. This isn't the end of the world. The Democrats have the keys to the car back for the time being. It remains to be seen whether they can drive responsibly. The Republicans have about a year to undertake some introspection and to bring in new leadership that can steer the party back to core principals before the next election cycle gets underway in earnest. If the Democrats give in to their worst impulses a suitably chastened Republican Party has a good shot at coming back in 2008. Here's hoping the lessons of 2006 take.