Sad news to report from Sen. Russ Feingold (D-WI.)

The Wisconsin progressive and one of only a handful of senators to vote against the Iraq war, has decided not to run for president in 2008.
In a letter posted on his website, the Progressive Patriots Fund, Feingold said he was excited that Tuesday’s elections gave Democrats control of both chambers of Congress, giving them the chance to “undo much of the damage that one-party rule has done to America.”
“We can actually advance progressive solutions to such major issues as guaranteed health care, dependence on oil and our unbalanced trade policies,” he wrote.
“I’m sure a campaign for President would have been a great adventure and helpful in advancing a progressive agenda. At this time, however, I believe I can best advance that progressive agenda as a Senator with significant seniority in the new Senate serving on the Foreign Relations, Intelligence, Judiciary and Budget Committees. Although I have given it a lot of thought, I cannot muster the same enthusiasm for a race for President while I am trying simultaneously to advance our agenda in the Senate.”