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Nader enters presidential race

Ralph Nader announced Sunday on NBC's Meet the Press that he is running for president in 2008, the Chicago Tribune reported.

Nader, 73, also ran in the 2000 and 2004 elections as an independent candidate.

Nader cites America's disenchantment with the Democratic and Republican Parties as one of the main reasons he is entering the race. He also wants to address some topics he believes the other candidates ignore: corporate crime, labor rights, and wasteful military spending.

“You take that framework of people feeling locked out, shut out, marginalized and disrespected," Nader told Meet the Press. “In that context, I have decided to run for president.’’

Nader earned 2.7% of the national popular vote in 2000. Many believe that he took votes away from Democratic candidate Al Gore, tipping the scales in favor of Republican candidate George W. Bush.