Fox News calls Iowa for Huckabee

Fox News has called the Iowa GOP caucus for Mike Huckabee. This is a crushing defeat for high spending Mitt Romney. Romney must now win New Hampshire if he is to regain momentum. Here he is under pressure from a resurgent John McCain. Mike Huckabee -boosted by tonight's stunning victory- can now target South Carolina with confidence. However his campaign badly needs an infusion of funds. His decision to desist from negative campaigning has been vindicated. In fact negative advertising backfired on Mitt Romney. Whilst it is true that Huckabee got overwhelming support from evangelicals it is also true to say that he had a clear cut message as a fiscal conservative. This resonates with the voters .