Newt Gingrich has admitted that Mitt Romney is "far and away the most likely" Republican presidential nominee. He says he is $4.5 million in debt. Yet, he refuses to exit the race.
The former Speaker claims that he is staying in the race to promote agendas such as increased domestic oil production and personal Social Security accounts. Despite this claim and anything positive (grudgingly positive) he has to say about Romney, I would wager that the major driving force behind Gingrich's desire to stay in the race is his loathing of Mitt Romney. Even if his presence in the race isn't doing all that much to Romney at this point, even if his presence may actually be hurting efforts to stop Romney, there is something deep, deep in Newt Gingrich's heart that prevents him from admitting defeat to the man. I think that Newt is going all the way to the convention, where he will be dragged kicking and screaming (metaphorically, of course; though seeing the literal version would be hilarious) out of the race. At least that way, he would never have to make the call himself.
Not to mention that his alleged reasoning is ridiculous: at this point, he could probably further his agendas more by getting a job on Fox News again. That way, he could get paid for his opinion, without having to put himself millions in the hole to give it.
The fat lady has been singing for so long that she has gone completely hoarse from the effort. Perhaps that is why Newt Gingrich can't hear her at this point. Or maybe he just doesn't care. Either way, for now it seems that Gingrich will be in it until the bitter, bitter end, no matter how much people don't care anymore.