Tim Pawlenty annouced this morning that he was ending his campaign for President. Disappointed with 3rd place showing yesterday in the Iowa Straw Poll, and with new competition from Texas Governor Rick Perry, Pawlenty decided it was better to fold now. His organization in Iowa looked pretty strong, with busloads of enthusiastic supporters. And, most political observers expected Pawlenty to do well in coming weeks as the GOP race moves into New Hampshire. Pawlenty's blend of fiscal conservatism appeals to the moderate wing of the Republican Party. But the race to the right, a position Pawlenty never really appeared comfortable with, a race shared with Michele Bachmann (and now crowded with the addition of Perry) proves the deciding factor for dropping out.