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MARK PENN BEATS RICHARDSON IN SUMO MATCH: And now the traditional Fun Part of the News Day: how did Clinton chief strategist Mark "Bowser" Penn manage to spin away Obama's latest good news (the Richardson endorsement)? We predicted the standard "caucus states don't matter" line, which was close enough to the truth: "The time that he could have been effective has long since passed... I don't think it is a significant endorsement in this environment." For real -- what good is an endorsement when Hillary's already won the presidency? [TPM Election Central]

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