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The hard/religious right are backing Cain over Romney, because Romney is a mormon, a flip flopper, and a moderate. Cain can't beat Obama. Romney can't beat Obama either, for some of the same reasons.
A Perry resurgence is possible, or maybe a new candidate appears out of nowhere. But shy of something crazy happening (which is always possible) I think Mitch McConnell's dream of a one term Obama will be squashed.
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