That is correct. Ralph Nader is considering a run for US Senate on the Green Party ticket, challenging Christopher Dodd in Nader's home state of Connecticut (hat tip to the Left Coast Rebel for this excellent find):
"Ralph Nader says he wants to gauge the level of grass-roots support before deciding whether to make a bid to represent Connecticut in the Senate."
If Ralph Nader goes through with a potential 2010 Senate bid, it could be good news for Republican contender Peter Schiff, who has already raised over a million towards a 2010 run and was definitely right about the US economy's imminent recession years before it happened, when everyone else thought the party would last forever.
How incredibly iconic would it be for Peter Schiff to challenge and defeat Christopher Dodd, one of the chief architects of the bubble that popped so destructively and hurt so many Americans in the past couple years? And if Ralph Nader makes a run for it, he'll likely split a lot of votes with Chris Dodd and help Schiff out a ton.
RUN NADER, RUN!