I think he's RIGHT. McCain is already in a nosedive, and it'll come down to Rudy and Romney. If Fred enters the race, he kills off any chance for Mitt and puts a serious bite into Rudy's support. He'll destroy Her Heinousness in any debate and he has the look of a President, which is not some pretty boy like Silky Pony or John Kerry, but rather, wisdom, seriousness, and gravitas.
If John Glenn could roll Fred ( and oh YES, he certainly DID; sadly! ), then Hillary could do it with both hands tied behind her back.
Don't look at Thompson the actor.....look at him, the politician and what happened then.