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Detailed text transcripts for TV channel - FOXNEWS - 20120120:07:10:00

From 8 to 10 points in the polls down there. getting out and endorsing newt is going to convert, when you get out of a race and endorse somebody you will get votes out of it. newt was closing, is closing as far as i can tell on romney quickly. this may make a difference. if this comes down to one-point race and gingrich wins by one, thank perry. dana: i thought going in iowa stuff you said if people drop out they re not that inclined to then go and vote for somebody bob: unless that person is endorsing nobody dropped out and endorsed anybody in iowa. that is the difference. dana: i see. bob: in this case he gets out and says vote for newt. it will make a difference. dana: that s right. we talked about when cain left the race, whether or not it helped gingrich in iowa. eric: here is a very interesting question. rick perry drops out at what, 11:00 a.m. newt gingrich guess to the poeum at 1:00 p.m did rick perry they must have known it was coming? ....

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