ABC News: When Sen. Kay Bailey Hutchison signaled she was challenging fellow Republican Rick Perry for governor of Texas shortly after the 2008 election, the conventional wisdom was that the veteran senator, who has won all her elections with at least 60 percent of the vote, might pose a real threat to Perry, who was re-elected four years ago with just 39 percent of the vote. But a funny thing happened on the way to this Lone Star shoot-out: Perry, who enjoys the support of Sarah Palin , effectively nationalized the race and turned Hutchison's Washington experience against her. The incumbent governor has fared so well, in fact, that Texas Monthly Magazine recently floated the prospect that he might run for president in 2012 . "We all know the old line that all politics is local," Wayne Slater, a veteran political reporter for the Dallas Morning News, told ABCNews.com's "Top Line" on Monday. "This year, it seems that politics is really national....