Herman Cain’s candidacy is effectively over.
“As of today, with a lot of prayer and soul searching, I am suspending my presidential campaign,” said Cain to boos of disappointment. “I am suspending my presidential campaign because of the continued distraction, the continued hurt caused on me and my family. Not because we are not fighters.”
Cain said he would endorse a Republican candidate soon, and announced his own “plan B” for public service, a policy web site called “The Cain Solutions.”
In the short term, I would imagine that most of Cain’s support will trickle to Gingrich. Then again, considering that Cain’s support is made up of anti-establishment types, it very well could go to a less popular candidate, say Santorum or, sigh, Bachmann. Either way, this hurts Romney as it eliminates a non-Romney with significant support. The fewer viable candidates, the less chance for Romney to eek out the nomination.