http://en.wikipedia.org/wiki/Federalist_Party#Opposition_to_the_War_of_1812During the proceedings of the Hartford Convention, secession from the Union was discussed, though the resulting report listed a set of grievances against the Democratic-Republican federal government and proposed a set of Constitutional amendments to address these grievances. It also indicated that if these proposals were ignored, then another convention should be called and given "such powers and instructions as the exigency of a crisis may require". The Federalist Massachusetts Governor had already secretly sent word to England to broker a separate peace accord. Three Massachusetts "ambassadors" were sent to Washington to negotiate on the basis of this report.
By the time the Federalist "ambassadors" got to Washington, the war was over and news of Andrew Jackson's stunning victory in the Battle of New Orleans had raised American morale immensely. The "ambassadors" slunk back to Massachusetts, but not before they had done fatal damage to the Federalist Party. The Federalists were thereafter associated with the disloyalty and parochialism of the Hartford Convention, and destroyed as a political force. They fielded their last presidential candidate (Rufus King) in 1816, and their last serious vice-presidential candidate (Richard Stockton) in 1820. With its passing partisan hatreds and newspaper feuds on the decline, the nation entered the "Era of Good Feelings", marked by the absence of all but one political party. After the dissolution of the final Federalist congressional caucus in 1825, the last traces of Federalist activity came in Delaware state politics in the late 1820s, where in fact, the party in 1826 elected Governor Charles Polk, Jr., the last significant Federalist office holder in the United States, and as late as 1828 won control of the legislature
Replace "Hartford Convention" with "Tea Bagging Parties"
Replace "Massachusetts" with "Texas"
Replace Federalists with Republicans, Democratic-Republicans with Democrats
Oh and the possibility of Obama/Democrats bringing in an "Era of Good Feelings."
Of course - this is probably just my fantasy. But hey, I would
not mind the Repugs imploding completely.