Thompson GOP move sees his price tighten to 4/1

Thompson GOP move sees his price tighten to 4/1

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    Could the Republicans choose a movie actor again?

Big moves on the Republican White House ’08 nominee markets following the news this afternoon that the lawyer turned movie actor turned Senator, Fred Thompson looks certain to run. He’s now trading at just over 4/1 and has moved into the third favourite position.

The idea that the party, which had its most successful years when ex-actor, Ronald Reagan served two full terms, might choose someone similar has been the cause of much speculation for weeks and Thompson has been attracting double figure support in the opinion polls.

    What’s driving the move to Thompson is that none of the three front runners in the GOP race appeals to conservatives within the party. McCain is seen as being just too old, the thrice-married Giuliani is portrayed as not standing for traditional values while Mitt Romney is a Mormon.

The 64 year old from Tennessee first came to public notice in the early 1970s when he was one of the lawyers in the Watergate inquiry. He then got involved in a case against his state governor over allegations that pardons to convicted criminals were being sold for cash. The scandal became the subject of a best-selling book and later a film, Marie, in which Thompson portrayed himself. This led to him appearing in a total of 18 movies, including In the Line of Fire, Die Hard II and The Hunt for Red October.

In 1994 he became a senator for his home state taking over the unused part of Al Gore’s term. When he stepped down he continued to remain in the public eye through his broadcasting work. He’s an analyst with ABC.

It’s all starting to look very interesting.

Mike Smithson

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