Nevada was the least important GOP contest so far. Even so, it’s being used to call the nomination for Romney. Both establishments seem to support this, but for different reasons. Republicans fear Romney will eventually lose, Democrats fear he will become more powerful with every contest against Newt Gingrich.
In 2008, it took until Super Tuesday for McCain to become the clear winner. For the Democrats, it went all the way to the convention, although the RBC meeting in May might have sealed the deal. Romney lost ugly that year. In this year’s nomination fight, he will likely win ugly. As of now, there are four challengers. Ron Paul is pretty flush, Santorum is running on a shoe string and Gingrich is in serious trouble, especially if Sheldon Adelson is done bankrolling the campaign. It won’t end here.