Looking at history, the Wall Street Journal notes that "office seekers who hang on,
even long after the race seems futile, may be hoping to position
themselves for a later run or to reshape the party more to their
liking. They may be bargaining for the vice presidency, feel pressure
from supporters or believe there is an off-chance they will get lucky."
"But what is clear from 1976 and two more-recent races
is that the party took a drubbing when challengers refused to concede
and instead pursued the nomination into the convention."
May 13, 2008
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