POLITICS: Michael Steele Drops Out of RNC Race; Priebus Wins!

Michael Steele finally conceded what everyone else pretty much knew: He won't get another term as chairman of the Republican National Committee. Steele dropped out of the race today after trailing badly in the first four rounds of voting, reports Politico. The front-runner Reince Priebus (the GOP chairman in Wisconsin) won!

"At this time, I will step aside for others to lead," said Steele. "But in so doing, I hope you all appreciate the legacy we leave. Despite the noise, despite the difficulties, we won.”