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If Paul Wins Caucuses, Iowa Is Loser: Margaret Carlson

Dec. 21 (Bloomberg) -- He who surges last surges best. Newt Gingrich rose from the dead too soon -- or at least with too little money to protect himself on the cluttered airwaves of Iowa.

Three weeks before Republicans vote in the Jan. 3 caucuses there, Gingrich is being hammered by negative ads from rival campaigns and their supporters and he’s slipping badly. Nate Silver, the numbers wonder at the New York Times, gives Gingrich, the front-runner just weeks ago, only a 15 percent chance of winning Iowa.