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Donald Trump finally admits it: He is not running for president in 2012 (with video!)

One day after NBC said they would fire him if he ran for president, Celebrity Apprentice star Donald Trump admitted he liked talking about political issues more than enacting them, telling an audience of advertisers in New York Monday he would not seek the GOP nomination.

It was a predictable end to an unlikely media frenzy, as Trump saw increasingly heated questions about his views on the president's citizenship and education, along with demands for details on his finances and an announcement by NBC that they would hire a new boss for the Apprentice if he kept flirting with a candidacy.

"I've decided that we are going to continue onward with Celebrity Apprentice; We're going to continue making lots and lots of money for charity," he said. "I will not be running for President, as much as I'd like to."

Trump also issued a statement, in which he characteristically refused to admit any setbacks to his ambitions caused by his own actions, saying "I maintain the strong conviction that if I were to run, I would be able to win the primary and ultimately, the general election."

Interesting to note that he was even in some polls with former Arkansas Gov. Mike Huckabee, who also decided it was more advisable to rake in the dough talking about politics rather than start another ill-fated presidential campaign.

The question left for media: Would any of this had consumed so much of the national dialog if reporters had treated Trump like a frizzy haired publicity hound from the beginning?

Below is video of Trump's announcement, news which likely disappointed Democrats in the White House most of all.

Posted by deggans at 2:34:29 pm on May 16, 2011