Bachmann seemed pretty upbeat to me. But see Weasel Zippers, "Bachmann’s Campaign Manager Says She May Drop Out After Last Place Finish In Iowa…" (Via Memeorandum.)
More at Los Angeles Times, "Michele Bachmann: Iowa caucus system 'worked'," and London's Daily Mail, "Is this the end of Michele Bachmann? 'Queen of Rage' dealt massive a campaign blow after abysmal turnout in Iowa caucus."
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