Congressman Tom Tancredo will bow out of the Republican race for President today according to the Associated Press:The five-term Colorado congressman planned to make the announcement at a news conference in Des Moines, Iowa, on Thursday, the person said, speaking on condition of anonymity because he was not authorized to speak for Tancredo or his campaign.Tancredo's campaign would only say he planned a "major announcement" Thursday.Tancredo has consistently polled at the back of the nine-person GOP field. He has based his campaign on opposition to illegal immigration, a top issue in many areas of the country. He has run television ads that link lax border security to terrorist attacks, rape and other crimes.Tancredo announced in October that he would not seek a sixth term in Congress, but hinted he would consider running for the Senate after his presidential bid.There has been speculation that this was a move engineered by Tancredo's friend Congressman Steve King of...(Read Full Post)