Matt Towery

The former speaker alludes to other successful campaigns in which the candidate hit huge bumps in the road and much of the staff deserted the effort. His first example, Ronald Reagan's 1980 race, doesn't resonate that theme with me as it apparently does to Newt. I recall firings and resignations in that campaign, but nothing as dramatic as virtually every campaign staffer leaving.

His other example, John McCain in 2008, seems to be potentially more of a model for Gingrich. It is not unusual for campaigns to appear to be at death's door, only to regain their footing.

For the moment Mitt Romney seems to me to be by far and away the frontrunner in the race. I base that not just on polling, but on his stellar campaign organization and fundraising prowess.

Michele Bachmann is the newest star in the conservative galaxy, and Rick Perry is the next "best thing" to possibly join the fun.

For Gingrich, there will be more misery. I expect his next campaign disclosure filing will be dismal. And the media will continue to do what they do best -- feed off of the newly found bones of what seems a political carcass.

But Gingrich will stay in the race, if only to maintain his credibility for the purpose of offering his opinions and leading think tanks. And there is always the possibility that he will turn around what seems to be an impossible-to-salvage campaign.

I never underestimate Gingrich when he is determined, and I saw that look in his eyes at the recent press conference. If nothing else, he has certainly learned some more hard lessons, such as ,"You will always be the smartest person in the room if everyone else leaves it!"

Matt Towery

Matt Towery is a former National Republican legislator of the year and author of Powerchicks: How Women Will Dominate America.
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