Ralph Nader announced today on NBC's Meet the Press that he is launching a third-party candidacy for President. This has to music to the ears of Democrats!

Ralph Nader is launching a third-party campaign for president.

The consumer advocate made the announcement Sunday on NBC's "Meet the Press." He says most Americans are disenchanted with the Democratic and Republican parties, and that none of the presidential contenders are addressing ways to stem corporate crime and Pentagon waste and promote labor rights.

Last month, Nader began an exploratory presidential campaign and launched a Web site that promises to fight "corporate greed, corporate power, corporate control."

Nader's appearance on "Meet the Press" was announced Friday in an e-mail message from Nader's exploratory campaign. The message from "The Nader Team" urges supporters to tell friends and family to watch the show and requests online contributions.

"As you know, we've been exploring the possibilities in recent weeks," the message said.

Nader also ran as a third-party candidate in the 2000 and 2004 presidential elections. He is still loathed by many Democrats who call him a spoiler and claim his candidacy in 2000 cost Democrats the election by siphoning votes away from Al Gore in a razor-thin contest in Florida.