Ron Elving and Ken Rudin return from the 4th of July holiday to tackle in the world of politics. Former New York Governor Eliot Spitzer, who resigned amidst a prostitution scandal, announces he's running for New York City comptroller. Down in Texas, Governor Rick Perry won't seek another term in 2014, fueling speculation of a possible presidential run in 2016. Plus former Vice Presidential candidate Sarah Palin flirts with a U.S. Senate campaign against embattled Alaska Senator Mark Begich.