As expected, Bill Richardson dropped out of the presidential race today. Here 's a transcript of his remarks.

He did not endorse any of his competitors. Instead, he asked everyone to make up their own minds and listed their strengths:

Senator Edwards is a singular voice for the most downtrodden and forgotten among us.

Senator Obama is a bright light of hope and optimism at a time of great national unease, yet he is also grounded in thoughtful wisdom beyond his years.

Senator Clinton's poise in the face of adversity is matched only by her lifetime of achievement and deep understanding of the challenges we face.

He also appeared on CNN's the Situation Room. When asked who he thought would get the Latino vote, he said Hillary Clinton had an edge but Obama could garner support from all minorities, particularly the young ones. [More...]