[T]he uncontrolled giggling you hear coming from behind the big blue curtain is from Mitt Romney, who must be delirious with joy. For Romney, a two-way contest with Bachmann is a strategic dream come true. (Disclaimer: I worked for Romney in 2002.) It would draw attention and money away from his two real rivals, Huntsman and Pawlenty, and give him a simple race against a candidate who would remove much of the ambivalence many big-league Republicans still harbor about him. Make no mistake: faced with the terrifying prospect of nominating Bachmann and handing the presidency to Obama, the Republican establishment would rally hard and fast behind Romney. And while a unified Republican establishment in full combat mode cannot compete with the Tea Party when it comes to making cardboard Uncle Sam hats, GOP Inc. can easily crush a candidate like Bachmann over the full series of primaries.