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VIDEO: Gay Republican Fred Karger is first to run in 2012 presidential race

Barely hours after filing his intent with the FEC to run for the 2012 Republican nomination for president, Fred Karger stopped by Washington Unplugged to formally announce his decision.

Speaking with CBS News congressional correspondent Nancy Cordes Karger said, "I've filed to run for President of the United States." (watch above)

Explaining what brought him to this moment Karger said, "It was the culmination of a lifetime of political work. It was a very exciting moment."

This is the first time Karger has run for political office, but he has been a behind-the-scenes player for 35 years -- serving as an advisor to Presidents Ford, Reagan and George H. W. Bush.

Karger says he's an "outsider" but has "political experience."

He is also the first openly gay presidential candidate. Cordes asked when so many of his fellow Republicans are opposed to gay rights and same-sex marriage why he would chose to run as a candidate of that same party.

"Being a gay Republicans is kind of an oxymoron," he said, "I have been a fighter in my party, I have always been on the more moderate side but I'm also a protégé of Lee Atwater. We need to open up this party and that's one of my reasons for running. The party should not be dominated by one faction or another. It should be open to all."

To read the full story, click HERE.