Wow is right.
Looks like Joementum is dead in the water. And if indeed this is the way it turns out, he should take his licking and pack it in, he should not put the seat in peril. I actually think this is his plan, he's just posturing right now about this running as an "independent" business. Somehow I think he sees it as a way to express his commitment to his job/the people he represents, however misguided.
From the heights of potential Veepdom to the lows of a primary battle...he won't be able to say it wasn't a terrific ride.