Rats tossed off the sinking ship? Richardson out.

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Who can forget New Mexico Governor Bill Richarson's opportunistic treason against Hillary? Richardson, whom sources have told me in the past also has adultery issues, speeding issues, and demonstrated loyalty issues, now has "business dealing" issues; has "withdrawn" from consideration as "Commerce Secretary."

Mr. Obama has drawn like-minded people to him like flies. His dealings as a part of the Chicago political machine have barely started to undergo the scrutiny process that should have been a part; WOULD have been a part, of any other candidates vetting; well come to light and ultimately, will bring him down.

Richardson, who briefly ran for president this last cycle, has a wide and varied, not to mention impressive, resume'. There is no question that, on the experience question, Richardson wins hands down, particularly when compared to Mr. Obama's total lack of experience, a gaping maw of a hole that puts this country at risk.

Meanwhile. Mr. Richardson has served as a Governor, congressman, Ambassador, Secretary of Energy, and special envoy, who's talents were even utilized by President Bush in the troubled North Korea situation. But the arrogance that seems to be part and parcel, particularly of those in high office, may also have served as the catalyst for his downfall.

From all outward appearences, this shows as a "Richardson decision." We should probably know better.

H/T to Drudge.

Richardson to withdraw as Commerce nominee
New Mexico governor cites pending investigation of business dealings

Richardson to withdraw as Commerce secretary

Jan. 4: NBC News has learned that New Mexico Governor Bill Richardson will withdraw his name as Commerce secretary – and that President-elect Barack Obama will accept this decision. NBC's Andrea Mitchell reports.
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updated 44 minutes ago

The Associated Press contributed to this report.

New Mexico Gov. Bill Richardson, tapped in December by President-elect Barack Obama to serve as secretary of Commerce, has withdrawn his name for the position, citing a pending investigation into a company that has done business with his state.

"Let me say unequivocally that I and my Administration have acted properly in all matters and that this investigation will bear out that fact," he said Sunday in a report by NBC News' Andrea Mitchell. "But I have concluded that the ongoing investigation also would have forced an untenable delay in the confirmation process."

A federal grand jury is investigating how a California company that contributed to Richardson's political activities won a lucrative New Mexico state contract.

A person familiar with the proceedings has told The Associated Press that the grand jury is looking into possible "pay-to-play" dealings between CDR Financial Products and someone in a position to push the contract through with the state of New Mexico.

Richardson said he plans to continue in his role as governor. "I appreciate the confidence President-elect Obama has shown in me, and value our friendship and working partnership. I told him that I am eager to serve in the future in any way he deems useful. And like all Americans, I pray for his success and the success of our beloved country."

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