Mitt Romney Dropping Out!

There are some murmurs that Republican Mitt Romney will drop out of the presidential race today. Time‘s Mark Halperin claims Romney will accept defeat during his speech, which happens to come right before John McCain’s.

Update: It’s official! Mormon and homophone Mitt Romney dropped out the race today. Here’s a bit of his speech:

I must now stand aside, for our party and our country… If I fight on in my campaign, all the way to the convention, I would forestall the launch of a national campaign and make it more likely that Senator Clinton or Obama would win. And in this time of war, I simply cannot let my campaign, be a part of aiding a surrender to terror.

This is not an easy decision for me. I hate to lose. My family, my friends and our supporters… many of you right here in this room… have given a great deal to get me where I have a shot at becoming President. If this were only about me, I would go on. But I entered this race because I love America, and because I love America.

Apparently America doesn’t love Romney enough to keep him in the race. Shame…