Categorized | Commentary/Editorial

Fox News Suspends the Contracts of Newt Gingrich and Rick Santorum





As you’ve probably heard by now, Fox News has suspended the contracts of Newt Gingrich and Rick Santorum for sixty days. They will have to tell Fox News within sixty days whether they intend to run for the presidency or their contracts will be terminated.

Contracts for Governor Palin and Mike Huckabee were not among the contracts suspended. Huckabee’s contract was not suspended because his "present intention is to sell books." Governor Palin’s contract was not suspended because "[s]he hasn’t yet shown a serious intention to form an exploratory committee."

While it’s certainly fair to infer from this news that Mike Huckabee has absolutely no intention to run for the presidency, I don’t think you can draw very many conclusions as to whether Governor Palin will run and when she will make an announcement.

She has stated in the past in interviews she isn’t very likely to set up an exploratory committee. If she does run, she’d probably just formally jump into the race. That a Fox News executive believes she hasn’t shown a serious intention to form such a committee doesn’t tell us very much about her intentions because she wasn’t very likely to form one in the event she did decide to run for the presidency. As for timing, she wouldn’t need sixty days notice to let Fox News know that she has decided to run for the presidency. She could just let Fox News know about her plans tomorrow or at any time and her contractual relationship with Fox would end.

I actually think this news explains why Newt Gingrich got some cold feet yesterday about announcing that he was forming an exploratory committee. He may not have wanted to forgo the income he received at Fox News by formally establishing an exploratory committee.



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