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Barack ObamaNot too long ago, nobody gave Barack Obama much of a chance. After Iowa caucus results, it appears as if Obama is well on his way to proving the doubters wrong.

With 100% of the votes tallied, Obama finished with 38% of the vote, while John Edwards and Hillary Clinton trailed well behind at 30% and 29%, respectively. Bill Richardson and Joe Biden each finished with less than 2% of the vote.

On the Republican side, Mike Huckabee was the runaway winner. With approximately 95% of the votes counted, Huckabee had 34% of the vote. Mitt Romney was the closest competitor for Huckabee, as Romney finished with 25% of the vote. Fred Thompson, John McCain and Ron Paul finished with between 10 and 13% of the vote.

But the story of the night was Obama’s decisive victory.

Said Obama in his victory speech: “They said our sights were set too high, they said this country was too divided, too disillusioned to ever come together around a common purpose, but on this January night, at this defining moment in history, you have done what the cynics said we couldn’t do. We are choosing hope over fear, we’re choosing unity over division and sending a powerful message that change is coming to America.”

Watch the video of Obama’s speech.

Next up in the presidential race is the New Hampshire Primary, which takes place in five days on January 8th.

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