Will Michele Bachmann wreak havoc on the 2012 presidential race?

The Tea Party favorite sent a strong signal Thursday that she's serious about a White House bid. Cue the repercussions...

Rep. Michele Bachmann (R-Minn.) speaks to fans during the Tea Party Express tour last April.
(Image credit: CC BY: Fibonacci Blue)

On Thursday, CNN reported that Rep. Michele Bachmann (R-Minn.), a Tea Party icon, will be forming a presidential exploratory committee — a key fund-raising tool that indicates she's serious about a 2012 White House bid. While sources close to the Republican say she will file the necessary papers by June, or even sooner to participate in early debates, her political director is saying he could have teams in place in the key primary states of Iowa, New Hampshire, and South Carolina within a week. A presidential run would further boost Bachmann's national profile and test her reputation as a prodigious fund-raiser — but how would she actually affect the race? (Watch Bachmann discuss the move)

This could destroy Palin's chances: Bachmann's odds of actually winning are "slim-to-none," says Noreen Malone at Double X, but, merely by running, she could be a "spoiler" for Sarah Palin. With both socially conservative women gunning for the same hard-right, Tea Party electorate, there's really only room for one in the race. Will Palin react to a Bachmann bid with some "aggression" of her own? Stay tuned.

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