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Third parties typically fail for two reasons: 1- lack of finance, and 2-a compelling reason for the voters to support them. While Ross Perot had the money to make a credible run for president, he siphoned votes from the GOP that helped weaken the George Bush campaign against Bill Clinton. This is similar to the current (April 2015) Tea Party, who pull votes from mainstream GOP who might otherwise defeat the moderate Dems.

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