Bill Richardson Is In

Bill Richardson, Governor of New Mexico, today announced that he will be setting up an exploratory committee to consider a run for the Democratic nomination for President of the United States.

Richardson's move was widely speculated on in recent days. But it has come in a big media week, only one day after the announcement by Clinton, and four after Obama.

Richardson said that he can bring America together and "we have to repair the damage that’s been done to our country over the last six years."

On Iraq, Richardson also urged diplomacy, saying that the regional neighbours should be engaged more and there needs to be an effort to "...set up a reconstruction effort to help Iraq achieve civil administration and build up its resources."

But he was also tough on the current policy, saying that "The next President of the United States must get our troops out of Iraq without delay."

Having a solid record on foreign policy will be one of Richardson's strengths, along with his steady hand as Governor.

Richardson should also do reasonably well on the fundraising front. Although not as good as the Clinton network, Richardson has built an impressive range of donors over the last few years.

Bill Richardson is also a former Member of Congress, Secretary of Energy in the Clinton Administration, and U.S Ambassador to the United Nations.

Watch the Richardson announcement here.