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Frist is an interesting possibility. He is very likable. How good is he at raising money? If he has that apparatus in place, then he is viable.
McCain has tremendous popular appeal, but has he assembled an effective fund raising apparatus? He didn't have it in 2000. If he has the right people working for him, my guess is that he would be the front runner. I don't think that age will be an issue. Republicans nominated Dole in 1996, and he was no spring chicken.
Giuliani has raised a ridiculous ammount of money for Republicans all over America since 1993. A lot of people owe him. Only Jeb Bush has better fund raising potential. The Republican primaries are not all about money, and his social views could kill him. However, if Giuliani is the only credible pro-choice candidate in the field, he could divide and conquer.
If Jeb Bush doesn't want to run, he doesn't want to run. He is allowed to change his mind.
One thing that the 2008 Republicans won't have to worry about is appealing to Democrats. The economy will be so hot that it will be almost impossible for a Democrat to win.
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