Fred Thompson is going to run for the Republican nomination. Looks like a July 4th announcment is in the works. And he's already got a $50 million bank.

Now it gets interesting. McCain is dead meat, Ruddy has a real conservative opponent, and the rest are probably just holding their shaking heads in their hands.

Perhaps most significant of all - Republican Evangelicals absolutely love Fred Thompson. This electoral group has been critical in the 2000 and 2004 Presidential Elections.