The Republican Party that is in such disrepute today is not the party of Reagan. It is the party of Rush Limbaugh, of Ann Coulter, of Newt Gingrich, of George W. Bush, of Karl Rove. It is not a conservative party, it is a party built on the blind and narrow pursuit of power.

Not too long ago, conservatives were thought of as the locus of creative thought. Conservative think tanks (full disclosure: I was one of the three founding trustees of the Heritage Foundation) were thought of as cutting-edge, offering conservative solutions to national problems. By the 2008 elections, the very idea of ideas had been rejected. One who listened to Barry Goldwater's speeches in the mid-'60s, or to Reagan's in the '80s, might have been struck by their philosophical tone, their proposed (even if hotly contested) reformulation of the proper relationship between state and citizen. Last year's presidential campaign, on the other hand, saw the emergence of a Republican Party that was anti-intellectual, nativist, populist (in populism's worst sense) and prepared to send Joe the Plumber to Washington to manage the nation's public affairs.

American conservatism has always had the problem of being misnamed. It is, at root, the political twin to classical European liberalism, a freedoms-based belief in limiting the power of government to intrude on the liberties of the people. It is the opposite of European conservatism (which Winston Churchill referred to as reverence for king and church); it is rather the heir to John Locke and James Madison, and a belief that the people should be the masters of their government, not the reverse (a concept largely turned on its head by the George W. Bush presidency).

Over the last several years, conservatives have turned themselves inside out: They have come to worship small government and have turned their backs on limited government. They have turned to a politics of exclusion, division and nastiness. Today, they wonder what went wrong, why Americans have turned on them, why they lose, or barely win, even in places such as Indiana, Virginia and North Carolina.

And, watching, I suspect Ronald Reagan is smacking himself on the forehead, rolling his eyes and wondering who in the world these clowns are who want so desperately to wrap themselves in his cloak.