drops out of the Presidential Race
Presidential hopeful Tommy Thompson kept his promise to drop his
Sunday the GOP presidential candidate Tommy Thompson announced
that he is pulling out of the presidential race. He is following
on his promise made before the Iowa Straw Poll, namely, that he
would abandon his presidential ambitions if he would not rank
second or first at the poll.
After the Ames Straw Poll results were
announced, Tommy Thompson finished 6th with only 7.1% of the
votes. He was surpassed by Ron Paul who took 9.1%. Thompson made
the following statement on Sunday:
"I felt my record as governor of
Wisconsin and Secretary of Health and Human Services gave me the
experience I needed to serve as president. But I respect the
decision of the voters. I am leaving the campaign trail today,
but I will not leave the challenges of improving health care and
welfare in America."
He also said in a statement that he has
no regrets for running the campaign and that he simply needs to
accept that he lost. The lack of support for Thompson was clear
after his sixth place finish at the Iowa poll - he campaigned at
all 99 counties of the state, prior to the vote on Saturday.
Tommy Thompson, who served in the Bush
Cabinet as the secretary of Health and Human Services, ranked
ninth among the rest of the GOP candidates in fundraising - only
$890,000 as of the end of July. He will most likely return
to the private sector after his unsuccessful presidential bid -
he was a senior partner at Akin Gump, a Washington, D.C law
firm, when he announced his candidacy. He was also a senior
advisor at the consulting firm Deloitte and is the chairman of
the Deloitte Center for Health Solutions.
An interesting fact about Tommy Thompson
- he served for two years on the board of directors of Applied
Digital Solutions, makers of the controversial VeriChips, a
device to be injected into human flesh for identification
purposes and for use as a payment device.
The sportsbooks also placed Tommy
Thompson among the second-tier candidates. The online bookmaker
Bodog Sports listed Thompson's
odds on becoming the Republican Candidate for the 2008 US
Presidential Election at 20/1, but he did not manage to enter
the betting props on being chosen as the next President of the
USA, giving him the field bet of 50/1.
Published on 08/12/2007