Former Massachusetts Governor Mitt Romney won the first-in-the-nation New Hampshire primary January 10 with 38 percent of the vote, and Texas Congressman Ron Paul placed a strong second with 23 percent (with 78 percent of the precincts reporting).
"The president has run out of ideas," Romney said in his victory speech. "Now he's running out of excuses. And tonight, we're asking the good people of South Carolina to join the citizens of New Hampshire and make 2012 the year he runs out of time."
"He had a victory," Ron Paul said of Romney. Regarding his own second-place showing, Paul said, "We had a victory for the cause of liberty tonight."
Paul's speech had a different substance than Romney's partisan speech. Paul focused upon ideas in his talk. "I sort of have to chuckle when they describe you and me as being dangerous," Paul told his supporters. "We are dangerous to the status quo in this country. And we will remain a danger to the Federal Reserve system as well." The mostly young audience broke out in loud chants of "End the Fed! End the Fed!" Paul had predicted the housing and financial crisis as early as 2001, and warned that the United States was currently in the midst of a currency crisis.
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Photo of Mitt Romney: AP Images