Breaking: Thompson pulls out of the presidential race

Link: Reuters

Link: Fred08.com (no word on his site as of 1:45)

McLean, VA - Senator Fred Thompson today issued the following statement about his campaign for President:

"Today I have withdrawn my candidacy for President of the United States. I hope that my country and my party have benefited from our having made this effort. Jeri and I will always be grateful for the encouragement and friendship of so many wonderful people."