The problem with Ralph is that he's no longer the romantic figure in left wing politics that he once was Oh sure, he still has his core supporters and some political juice, but he's more and more viewed as the guy who enabled George Bush get elected, and that makes him a object of scorn.
Other than some weird ego gratification, I really don't see the point of Ralph doing this. The left now has a new romantic warrior, one who is smarter and far more charismatic. That guys name is Barack Obama.
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