The Weekly Standard's Bill Kristol reports that two "reliable" unnamed sources have informed him that Rudy Giuliani is preparing to enter the 2012 presidential race:
I'm told by two reliable sources that Rudy Giuliani intends to run for the GOP nomination for president in 2012. He may throw his hat in the ring soon. Rudy's theory of the race: In the fall of 2007, he decided he couldn't compete with both Mitt Romney and John McCain in New Hampshire, and disastrously decided to try to pull back there and pitch his tent in Florida. This year, he'll commit everything to New Hampshire, where he thinks he has a good shot at beating Romney—whom he criticized there earlier this week. He then thinks he can beat whichever more socially conservative candidate(s) is left by winning what are still likely to be winner-take-all primaries in big states like California, New York, and New Jersey.
Kristol closes with this analysis: "It seems implausible that Rudy Giuliani could win the nomination. But it's an implausible year."
UPDATE - Et tu, Rick Perry?
For months, Texas Gov. Rick Perry has told potential donors and Republican higher-ups he has no interest in running for the White House in 2012.
But over the past two weeks, political advisers and friends say, Mr. Perry has changed his tune on a possible presidential campaign. In private conversations, they say, the three-term governor said he worries that the current GOP contenders have yet to stir real excitement within the party and may struggle when facing President Barack Obama.
"He thinks there is a void [in the current field of candidates], and that he might be uniquely positioned to fill that void," said one Perry confidant who talked to the governor last week.