“What is wrong with these people?” was the nigh-upon-universal reaction among conservatives at the GOP convention this week. Liberal reporters inquired of conservative journalists, Republican delegates, right-leaning janitors, free-market short-order cooks, even the guys walking around in elephant suits: Will Sarah Palin drop out? What about the Eagleton Option? For those who don’t know, the Eagleton Option refers to Thomas Eagleton, George McGovern’s first VP pick in 1972, who was forced to withdraw because allegations of mental illness. A hybrid of myth and deceit peddled by the chattering bandersnatches of the Democratic Party’s backup communications offices at MSNBC and other...