Gov. Bill Richardson Trades Politics for Ranching

The New Mexico governor will give up politics for ranch life at the end of his term.

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Democratic New Mexico Gov. Bill Richardson says he's done with politics. Once his second term expires in a few weeks, he'll be "fading away into the sunset." That means no second try for the presidency by the former Clinton-era energy secretary and United Nations ambassador—not even a cabinet post like the one Secretary of State Hillary Clinton is expected to leave. In fact, he sees an Obama second term. "I think he will be able to be bipartisan, and if Republicans don't respond to his efforts of bipartisanship then they'll be the ones that will suffer," says Richardson. The governor's future: "I'm becoming a gentleman rancher."

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