Mitt Romney is giving his speech right now, after it's become clear that, as MIke Huckabee just said, if the GOP race is a two-man field, it's McCain and Huck, not McCain and Romney. I've never seen Romney looking so exhausted and worn. But his words are surprisingly energetic, as he rails against the possibility that the United States could become a "second rate power." It's the Romney melange of populist economics, anti-immigrant ranting, and even promises to work on alternative energy. And now we know that it doesn't really resonate with Republican voters. --Dana Goldstein
