The rumors about Paul Ryan running in 2012 are still going on strong. At this point, I wouldn't call them rumors but more like people are trying to draft him to run. James Pethokoukis, writing for Reuters, has given six reasons why Paul Ryan should run in 2012:
1) Since Democrats are determined to hang Ryan’s bold “Path to Prosperity” budget plan around the neck of every Republican running for office in 2012, why not have its author and best salesman advocate for it directly vs. President Obama?2) Ryan — to borrow a favorite Simon Cowell phrase — is “current.” He’s smack in the middle of budgetary and ideological clash between Democrats and Republicans and would immediately energize conservative and Tea Party activists.3) Ryan is a strong national defense conservative, as well as pro-life.4) Ryan is from a battleground state, Wisconsin, and a battleground region, the upper Great Lakes.5) Ryan’s youth, vigor, likability and Jimmy Stewart persona — well, a wonky version of George Bailey — would be an immediate shorthand signal to voters that he’s a different kind of Republican. He also has a compelling life story to tell.6) Obama suddenly and unexpectedly to Washington insiders looks beatable — by the right candidate.
Although these are good reasons why he should run, I'm still not convinced he's running in 2012. Right now, the best place for Paul Ryan to be is in Congress where he can fight to have his plan passed in Congress.