… well, I did tell you so. Newt Gingrich has announced through his spokesman that he will not run for President in this cycle. Running American Solutions makes it legally impossible to conduct an exploratory campaign:
Former House Speaker Newt Gingrich will not run for president in 2008 after determining he could not legally explore a bid and remain as head of his tax-exempt political organization, a spokesman said Saturday.
“Newt is not running,” spokesman Rick Tyler said. “It is legally impermissible for him to continue on as chairman of American Solutions (for Winning the Future) and to explore a campaign for president.”
Gingrich decided “to continue on raising the challenges America faces and finding solutions to those challenges” as the group’s chairman, Tyler said, “rather than pursuing the presidency.”
Over the past few months, Gingrich had stoked speculation he might enter the crowded GOP field, despite the seemingly insurmountable challenge of entering the race several months after the other Republicans have been running.
Newt has made clear his dissatisfaction with GOP leadership, especially in his remarks yesterday. People looking for a party’s nomination do not call their consultants stupid and uneducated, nor to they spend their time reaching out to Democrats like Roy Romer. The entire pledge exercise was intended to set so high a bar to his entry that people would finally stop asking him when he would announce his candidacy.
Look for Newt in 2012. He will have his national constituency, a bipartisan reputation, and a record of providing practical solutions over vitriol. He will be positioned as this century’s Teddy Roosevelt.
John at Stop the ACLU is rounding up reactions.