New Mexico Governor Bill Richardson has confirmed that he will run for President:

"I've dealt with the issues that are very important today — national security, immigration and energy," said Richardson, who was Secretary of Energy and later UN Ambassador during the Clinton administration.

In addition to his previous experience in the Clinton White House, Richardson believes that his Hispanic heritage will be an advantage in his campaign for the presidency.

"I am Hispanic, which I believe is an asset," Richardson said. "But I'm not running as an Hispanic, I am running as an American who is proud to be Hispanic."

Richardson said that he does not intend to form a presidential exploratory committee until January. He has, however, begun hiring national campaign staff, and plans a visit to early primary state New Hampshire in mid-January.

[UPDATE] Well...maybe not.