Herman Cain Announcement Today

And Weasel Zippers has this, "Report: Herman Cain Will Quit Race…"

But see Los Angeles Times, "Herman Cain prepares announcement on campaign's future":

Republican presidential hopeful Herman Cain, already reeling from sexual harassment claims and rocked anew by allegations of adultery, has told supporters he is preparing to make a major announcement Saturday.

That set off widespread speculation Friday that the former chief executive of Godfather's Pizza, who briefly enjoyed front-runner status in the Republican presidential campaign, would drop out of the race.

Cain, whose businessman's approach to issues and lack of elective experience appealed to voters weary of career politicians, refused to tip his hand Friday in South Carolina, where he held a town hall meeting with supporters.

"I am reassessing because of all of this media firestorm stuff," he said. "Why? Because my wife and family comes first." He planned to meet with his family, he said, to "clarify ... what the next steps are."

Steve Grubbs, who is running Cain's campaign in Iowa, said he believed Cain would stay in the race.

"As dark as it seems today, we're not out of this thing. I know it," Grubbs said Friday.

More at the link.