Good News: Texas Gov. Rick Perry on "cusp of an announcement"

Texas Gov. Rick Perry would be a formidable candidate. As much of the country suffers through the Obama recession, Texas is thriving.

(Fox News) - Adviser to Texas Gov. Rick Perry when asked by Power Play about the condition of a possible presidential run.

Sources close to Texas Gov. Rick Perry say that the events of the last week have brought America’s longest-serving governor to the cusp of an announcement.

The implosion of Newt Gingrich’s presidential campaign frees up Perry’s political wingmen, Dave Carney and Rob Johnson, now said to be headed to Austin to prepare a Perry run. Also this week, sources say Perry got the thumbs up from the Texas moneymen whose support he sought before launching a campaign. A big piece in the Wall Street Journal also helped convince the team that there was East Coast interest in the Texan’s candidacy.

Gingrich’s collapse also leaves a major hole in the field: There is no viable Southerner seeking the nomination of the party of the South.