As much as I hate to say it, a third party candidate is not the answer. We tried this with Perot, remember? It got Clinton elected for a second term. The only thing that saved us that time was a Republican congress and senate that forced Clinton back toward the middle. Remember the Clinton quote? "The era of big government is over." I believe the answer is to take a chance on the Republicans again with the following proviso: Hold their feet to the fire of the Constitution. If they start to stray from constitutional principles, if they start their prolific spending again, if they go against the principles of freedom and liberty in any way, then we have to make their town hall meetings look like WWII. Things are so far gone now that electing these guys to office, then just sitting back and not paying attention, will no longer work.
And by the way, the TEA Party movement isn't about getting Republicans elected. Its about getting CONSERVATIVES elected.