Just take a look at the leading Republican contenders for the 2008 presidential election:
What's wrong with this picture? Where are the conservatives?? Are they just going to sit this election out? I can't believe the GOP would nominate a liberal from New York (Giuliani) or a liberal from Massachusetts (Romney) as their standard bearer. And McCain? Sure, I think he's a conservative, but that's not the first word that comes to mind when people describe him. That word would be "maverick."
So maybe there is something to this Newt Gingrich for President campaign. He would be the only "true conservative" in the race, not to mention the only southerner.
But at this point it looks like the Republicans are just going to take a pass on the '08 election. Maybe they think they can come back stronger than ever in 2012 after we've had four years under President Hillary Clinton. What they fail to understand and refuse to see, however, is that four years under Hillary will be a blissful experience following the eight-year debacle that was the George W. presidency.