Rick Perry out of Republican presidential race

CNN is reporting:

Rick Perry is telling supporters that he will drop his bid Thursday for the Republican presidential nomination, two sources familiar with his plans told CNN.

The Texas governor will make the announcement before the CNN debate in South Carolina, the sources said.

Erick Erickson at RedState adds:

Sources close to both campaigns tell me that the Governor and Speaker have spoken and Governor Perry will endorse Newt Gingrich. But it will go beyond that.

I’m told reliably that Governor Perry will head up a 10th Amendment project for Speaker Gingrich to rally Governors and state legislators toward a plan of devolving power from Washington. This project will include helping shape the Republican platform for the general election, something small government conservatives have been concerned about.

Governor Perry will also campaign for Speaker Gingrich in Texas.

In lieu of another comment about God’s Will, I’ll close with my own “bye-ku” for Gov. Perry –

Commerce, and the … uh…
Commerce, Education, and …
What’s the third one there?

He’ll have all the time he needs to think of the rest of the answer now.

Indiana Democrats Fleebagging Again, Abandoning Their Jobs
What will Marianne Gingrich say?