Giuliani endorses McCain; Nader considers run

Former New York City Mayor Rudy Giuliani is dropping out of the Republican presidential race for president and endorsing Arizona Sen. John McCain. That leaves McCain, Romney, Huckabee, and Paul.

Republicans will be debate tonight on CNN at 8PM.

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Ralph Nader has launched an official exploratory committee Web site, and said he will formally make a decision in about a month. He said he is certain to get in the race if he can demonstrate the ability to raise $10 million and recruit enough lawyers to deal with ballot access issues. He has yet to formally file paperwork with the Federal Elections Commission, though he does not need to until he officially becomes a candidate, according to the FEC.

Nader said he finds Democrats Hillary Clinton and Barack Obama both unacceptable candidates, and he said whichever wins the party's presidential nomination will not have an impact on his decision to run.

"They are both enthralled to the corporate powers," Nader said of the two leading Democrats. "They've completely ignored the presidential pattern of illegality and accountability, they've ignored the out of control waste-fruad military expenditures, they hardly ever mention the diversion of hundreds of billions of dollars to corporate subsidies, handouts, and giveaways, and they don't talk about a living wage."

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