Perry advisor: His campaign is "ready for launch"

Sources close to Texas Gov. Rick Perry say that the events of the last week have brought America’s longest-serving governor to the cusp of an announcement…

Perry’s rise may push some uncommitted easterners into the arms of Romney as the election becomes more geographical and more of a clear Tea Party-versus-establishment contest. But it will also tend to galvanize the 20 percent of undecided voters and rob support from Cain and other second-tier candidates.

Another challenge for Perry will be overcoming his previously prickly relationship with the political veterans who populated the Bush political organization.