Newt Gingrich is officially in the 2012 Presidential race. Does he have a chance? Will the GOP embrace a candidate like him who has been around for more than 30 years? What about Mitt Romney? Can he survive while defending his mandate-ruch health plan in Massachusetts while condemning the one Washington passed last year? How committed are Republicans to blocking a hike in the debt ceiling without some major Democratic concessions of spending? And how long will Obama ride the bin Laden bounce? We discuss it all with John Gizzi of Human Events.