As always, John Fund has a great take on the Defending the American Dream Summit. I caught up with John when he dropped by the blogger row area and asked him about his impressions of the event, and the impact of grassroots activism on the 2010 election. John says he’s more focused on the 2009 elections in New Jersey and Virginia, and thinks they will serve not only as a harbinger of 2010 but also a potential warning to Blue Dog Democrats on health care and cap-and-trade legislation: