Elizabeth Warren is fading fast

After placing third in the Iowa caucuses and landing an abysmal fourth in New Hampshire, Elizabeth Warren has lost any pretensions to leading the presidential race. In fact, she may be preparing to drop out.

Warren clearly doesn’t expect much success in the upcoming caucuses in Nevada (Feb. 22) and South Carolina (Feb. 29). As ABC reports, “In the past week, the Warren campaign has canceled or moved more than $1.2 million worth of television ads in Nevada and South Carolina, which are scheduled to cast votes later this month.”

This comes as her campaign has been desperately pleading for more funds, begging for $7 million by the Nevada caucuses on Twitter. She also bragged about taking $3 from a broke college student saddled with so much debt that she had only $6 in her bank account. (Make that $3 now.)

After spending just $1 million on the next states hosting primaries, Warren has put all of her eggs in two baskets: Nevada and South Carolina, with a small portion of advertising dollars spent in Maine, which will hold primaries on Super Tuesday (March 3).

The question is now: When will Warren drop out? If she ends her campaign in the next couple of weeks, she avoids the embarrassment of a poor performance in her home state of Massachusetts on Super Tuesday. If she waits until then, she can at least stage her farewell from her own turf.

Either way, the Warren White House bid is quickly withering, and despite the media’s best efforts, she’s lost the momentum she needs to carry her campaign.

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