Mitt Romney has just been humiliated here in Iowa. With only 15% of precincts reporting, the news channels called it for Huckabee. So, Romney despite outspending Huckabee by about 20 to 1, spending far more time in Iowa than any other candidate and re-branding himself politically has still being handily beaten—with 72% of the results in Huckabee is up 34-25. It is very hard to see how Romney now holds off a surging McCain in New Hampshire and if he loses both early states it is all over for Romney.
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