Why Everybody Is Kissing Perot's Grits

By all rights, Ross Perot should be a political has-been. Ever since he won 19% of the 1992 Presidential vote, the Texas billionaire has been on a downhill slide. Twice, he lost high-profile crusades to kill deals to expand U.S. trade. And even home-staters ignored his endorsement of Democratic Governor Ann W. Richards in 1994: Texans voted overwhelmingly for Republican George W. Bush.

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