Republican and Conservative political analysis and commentary

First Read reports on Rudy Giuliani:

The GOP candidate who’s trailing a distant third in the polls behind McCain and Romney is the person who staked everything on Florida: Rudy Giuliani. He sure seems to be acting like a guy trying to go out with grace. The autographed baseballs for the traveling press were a nice touch but also a HUGE hint. And as NBC’s John Yang, who is following Giuliani, put it yesterday: There is a real feeling of valedictory on this trip, like a final senior class trip or the bus ride home from summer camp. Reporters posing for pictures with aides, the baseballs on each seat, and so on. The question, short term, is what does Rudy do tomorrow? Dropping out seems likely but does he endorse? Politico's Jonathan Martin has a theory that Giuliani will quickly endorse McCain (i.e., pre-February 5) so that Rudy can bask in the glow a bit in McCain's likely Tsunami Tuesday victories in New York, New Jersey and Connecticut. Not a bad theory, no?