Newt: Not Running; Clinton is "Formidable," 2004 Bush Campaign "Cheap"

Newt Gingrich is not running for President in 2008, he announced today.

Also, via RCP and YouTube, a telling interview with Newt in which he claims that Hillary is the "most effective candidate in the race." He disagrees with her views, but says that no one in the Republican race will beat her with "the kind of cheap and nasty campaign that beat John Kerry." Amen.