billwhitefortx @rickvskay Well, the rumors aren't true. Bill
The noise lets Perry raise questions about whether Hutchison is serious about the governor's race. The spin from his friends is that White wouldn't do this if he thought Kay was still in the running; if White was making a switch, or even thinking about it, that would be evidence that Hutchison is out.
From the Sharp camp, it simply would remove the most serious Democratic competitor from the race to replace Hutchison in a special election. And the rumor — even without confirmation — is the sort of thing that can be played back for potential supporters to raise questions about whether White is serious about the Senate race.[update] Sharp says this didn't start with his folks, that he heard it out of Houston — and from another of the Democratic gubernatorial candidates — and made some inquiries, but didn't try to spread the story.
With Kay Bailey Hutchison appearing to once again be waffling on her decision to resign from the Senate, some have thought White would rather jump to the governor's race than wait until 2012.[SNIP]
In this race without an election date, not much has changed since August, although White's financial advantage over Sharp has only widened.
Sharp came extremely close to defeating Rick Perry in 1998. Since then Perry has gone form being George W. Bush's Lt. Gov. to becoming one of the most unpopular governors in Texas history. Despite Perry and Sharp's past collaboration on school finance, if he decided to switch to the governor's race, he would probably be the favorite versus Perry. Democrats would have a strong candidate for governor and Bill White's huge fundraising lead would stay in the Senate race, where he gives Texas Democrats their best chance to win a Senate seat in years.