Senator Jim Webb who was heavily rumored (media wished for?) on the Obama Vice Presidential list has taken his name off the list saying, “Last week I communicated to Senator Obama and his presidential campaign my firm intention to remain in the United States Senate, where I believe I am best equipped to serve the people of Virginia and this country. Under no circumstances will I be a candidate for Vice President.”

Marc Ambinder shed some light saying that last week reporting that Webb communicated his intentions after Obama’s VP search committee asked for information to begin the vetting process. Sources reportedly say Webb did not want to relive the process so soon after getting elected.

Ambinder maintains that Webb must have been seriously considered by Obama himself as the time consuming vetting process is only undertaken on those who are actually being considered. Meanwhile Mark Halperin notes “Some keen observers believe Webb was not actually being seriously considered.”

Full Statement from Senator Webb

“Last week I communicated to Senator Obama and his presidential campaign my firm intention to remain in the United States Senate, where I believe I am best equipped to serve the people of Virginia and this country. Under no circumstances will I be a candidate for Vice President.”

“A year and a half ago, the people of Virginia honored me with election to the U.S. Senate. I entered elective politics because of my commitment to strengthen America’s national security posture, to promote economic fairness, and to increase government accountability. I have worked hard to deliver upon that commitment, and I am convinced that my efforts and talents toward those ends are best served in the Senate.

“In this regard, the bipartisan legislative template we were able to put into effect through 18 months of work in order to enact the new, landmark GI Bill will serve as a prototype for my future endeavors in government. This process, wherein we brought 58 Senators from both parties to the table as co-sponsors, along with more than 300 members of the House, gives me renewed confidence that the Congress can indeed work effectively across party lines and address the concerns of our citizens.

“At this time I am also renewing my commitment to work hard to make sure that Senator Obama wins both Virginia and the presidency this November. He is a man who speaks eloquently about our national goals and calls for the practical solutions that must be put into place to obtain them. I will proudly campaign for him.”