Excerpt:

Last night, I read that John Edwards cancelled campaign stops in two states today to give a major speech in New Orleans on poverty. Today it is being reported that Edwards will be dropping out of the race.

The former North Carolina senator will not immediately endorse either candidate in what is now a two-person race for the Democratic nomination, said one adviser, who spoke on a condition of anonymity in advance of the announcement.

Edwards waged a spirited top-tier campaign against the two better-funded rivals, even as he dealt with the stunning blow of his wife’s recurring cancer diagnosis. In a dramatic news conference last March, the couple announced that the breast cancer that she thought Their decision sparked a debate about family duty and public service. But Elizabeth Edwards remained a forceful advocate for her husband, and she was often surrounded at campaign events by well-wishers and emotional survivors cheering her on.

Edwards ran a great campaign in Iowa and it showed with a strong 2nd place finish. Unfortunately, He was unable to spread his populist message in the other states, partly due to the condensed calendar and partly due to the media.

I would be shocked if Edwards endorsed Clinton with their differences on accepting money from lobbyists. Edwards has been campaigning on a theme of change and Barack Obama most closely matches Edwards rhetoric. It would be a big boost for Obama if Edwards would endorse before February 5th.

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