Michele Bachmann again announces she will run

For a third time, this time in her hometown of Waterloo, Iowa, Rep. Michele Bachmann announces her bid for the 2012 Republican presidential nomination.

Rep. Michele Bachmann, R-Minn., speaks during her formal announcement to seek the 2012 Republican presidential nomination.  Bachmann will make stops in New Hampshire and South Carolina this week. (AP Photo/Charlie Neibergall)

Rep. Michele Bachmann, R-Minn., speaks during her formal announcement to seek the 2012 Republican presidential nomination. Bachmann will make stops in New Hampshire and South Carolina this week. (AP Photo/Charlie Neibergall)

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