Bill Richardson Out!

Another one bites the dust! Though he hasn’t yet made it official, Democrat Bill Richardson dropped his presidential bid.

Richardson is shelving his campaign for the Democratic presidential nomination after back-to-back fourth-place finishes in the first two contests in Iowa and New Hampshire.

Richardson, 60, planned to announce his plans Thursday, according to two people close to the governor with knowledge of the decision. They spoke late Wednesday on condition of anonymity in advance of the governor’s remarks.

Richardson has not given an other candidate his support. He did, however, tacitly endorsed Obama during the Iowa caucuses, which no doubt pissed off the Clintons.

Bill, of course, gave Richardson a seat in his cabinet. We doubt Hillary will do the same…