Some political tidbits

Some interesting stories from David Miller at CBS News:

The Latest Newt-O-Meter Reading: Every time former House Speaker Newt Gingrich speaks, political observers sift through his words to figure out whether he plans to seek the Republican presidential nomination. Lately, the odds of such a run seem to have fallen. But a Gingrich speech on Tuesday at Washington's National Press Club may set off a new round of speculation.

According to inside-the-Beltway publication The Hill, Gingrich said there's still a chance he will enter the race — and still a chance that the front-runners in the Republican race will falter. "I try to remind people, three weeks before the Iowa caucus in 2004 the Democratic front-runner was Howard Dean. He had raised more money, he had gotten more magazine covers — everybody though he was the front-runner," Gingrich said. "He had the biggest online contributor base."

Gingrich also flatly said he was "candidate material," which is a little more bold than the former speaker has sounded lately. It's possible that the delay in the launch of Fred Thompson's campaign — now expected in early September, less than a month before Gingrich says he'll make up his own mind — and Thompson's reported fundraising and staff troubles have renewed some of Gingrich's vigor.

Sensing An Opportunity: Republican Rep. Ron Paul raised some eyebrows when his second-quarter fundraising put him in fourth place in the money race against his fellow GOP candidates. Now, with the Iowa Straw Poll only days away, the candidate whose libertarian views have won him a significant Internet following is putting that money to use on a more traditional medium: television.

The campaign is airing its first ad in Iowa this week. The spot notes that Paul has never accepted a congressional pay raise, never voted to raise taxes and is running to "protect our liberties and save our Constitution."

It's unlikely Paul would spend money on the ad if he didn't think he had a chance of pulling off an Ames surprise. Conventional wisdom says that if anyone is going to benefit from the bickering between Sam Brownback and Mitt Romney, it will be former Arkansas Gov. Mike Huckabee. But for now, Paul is the only Republican candidate, aside from Romney, on TV in Iowa. It's possible it's too late for the ad to have any impact on the poll results, but it shows that Paul is a candidate who deserves attention heading into this early test of GOP strength.