Perhaps the most surprising news out of Nevada is the fact that with 97% reporting Congressman Ron Paul appears to have won second place in the caucus. In addition Paul was already well on his way to dominating Republican fundraising and the win will no doubt help him continue the streak.

This is bad news for big names like Thompson and Giuliani who did terrible in the state despite a great deal of media attention and name recognition.

Paul has continued to defy expectations and it will be fun to see where he goes from here.

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