That seems to describe the current Republican Party. A WaPo poll found that 21% of respondents identified themselves as Republican, while 35% called themselves Democrats and 38% independents. The Obama Presidency is believed to be angering their far right base and they are in turn negating efforts of party leaders (elites) to modify the party on social issues. The struggle to define the Republican Party following two straight electoral defeats continues.
This may put the Republicans where Democrats were in 1968. The common factor in both cases? An unpopular president from Texas left office. There's a book in this I swear.