Apparently, former Vice President Joe Biden (D-DE) is not totally detached from reality as he offered a no malarkey assessment of his campaign's performance in the 2020 Iowa Caucuses. With less than 70% of the vote tallied after two days, Biden is running in 4th place with 15.9% support. On the bright side, Biden (barely) qualifies for delegates. But on the dark side, he might place fifth behind Senator Amy Klobachar (D-MN).
Iowa is not about delegates, as only 41 were available from the Iowa Caucuses. It is about gaining momentum at the start of the Presidential Primary campaign. Conventional wisdom is that there are three tickets out of Iowa, and it looks like Lunch Bucket Joe got a gut punch rather than his ticket punched. Granted, Biden did not pour all of his resources into organizing in the Hawkeye State, like Mayor Pete Buttigieg (D-South Bend, IN) or Senator Elizabeth Warren (D-MA). But a former Vice President, who the media kept touting as the national front runner, being an also ran is devasting.
Some have suspected that the Democrat Establishment have been obliquely seeking to help Biden, because the prospect of nominating socialist Senator Bernie Sanders (Socialist-VT) scares the bejesus out of them. Thus, the delayed submission of the Articles of Impeachment curiously required that sitting Senators (Sanders, Warren, Klobachar, Bennett) could not be out on the Hawkeye hustings when the Senate was trying President Trump. Moreover, the prolonged odd delay in reporting results from the Iowa Caucuses (which has been attributed to software output issues) both steals the thunder from winning candidates like Buttigieg and Sanders, thus taking away momentum from Iowa and it obscures the gut punch of a fourth place finish for Biden.
Political junkies know that Biden planned on having a South Carolina strategy, as he expects to garner giant support from the largely black electorate who would give fealty to Barack Obama's number two. The problem is that he has to make it to the end of February. When a candidate, like Biden, is competing as a front runner, it burns cash. If Biden has another disappointing result in New Hampshire, the money dries up and the staff starts to bolt.
The Establishment's chosen candidate has been floored by a Hawkeye gut punch and they feel they need to slow the Sanders juggernaut lest he becomes the inevitable nominee. So they need someone to last until the March 3rd Super Tuesday primaries, when ex Mayor Michael Bloomberg (
R, I, D) can buy them some time and victories before the Milwaukee convention in July.
And THAT'S no malarkey.