The problem is, Dobbs wouldn’t be running as a Republican. And a third-party candidate with his stature and visability would be a disaster. Especially if Huckabee (the John McCain of 2012) is our nominee.
They have to make sure a 3rd party takes Republican votes to get Obama re-elected. 3rd Party=Disaster.
It all depends upon the GOP nominee. If it is Romney or McCain (again) Lou could do well.