Jeff Quinton over at Inside Charm City would like to point out this astute observation by Newt Gingrich (by way of WBAL.com):

He hasn’t given up on John McCain winning this year’s presidential election, but former U.S. House Speaker Newt Gingrich says Republicans could gain future election victories, if Barack Obama wins next month, and Congressional Democrats expand their majority in the U.S. House and Senate.Speaking on WBAL’s “Kendel and Bob Show” Saturday, Gingrich said he sees potential parallels between this year’s election and the 1964 presidential election.

[…]

Gingrich pointed out that in 1966, Republicans gained a number of Congressional seats, and then won back the White House in 1968.

Gingrich said House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid represent the “most liberal leadership Congress has ever had.”

Gingrich adds that if Obama as president enacts an agenda similar to those of the Congressional leaders, he suspects, ” an enormous Republican comeback in 2010, and probably a new Republican president in 2012.”

Gingrich said that if Obama, as president works with Republicans and conservative Democrats, he risks alienating the labor unions and activist groups that have supported his campaign.

Gingrich said the race is much closer than polls indicate, and he says McCain can still win, if he stresses differences with Obama over how to improve the economy.

[…]

“I think that if he drives very hard, at the idea that you don’t want politicians taking your taxes to give away to their friends…I think the country would in fact repudiate the idea that Senator Obama would want to ’spread the wealth,’ ” Gingrich said.

Gingrich led the Republicans to their takeover of Congress after the 1994 election.

Among the freshmen Republicans elected that year, Robert Ehrlich, who was later elected governor, and who now co-hosts the WBAL talk show with his wife.

[…]

Audio clips of the show are available.