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>> reporter: absolutely. what iowa's job is in the nominating process, really in both parties is not about picking winners it's about picking losers, it's about deciding who is not going forward, who is not going to get ahead. michelle bachmann, we've been talking about, michelle bachmann really whether she decides to keep running or not running isn't that consequential only because her numbers are so small her influence on the race is so small. iowans, she is a native they know her best, they said know. rick perry spent $4.5 million in iowa, made appeals to the cal taour cultural conservatism...

>> reporter: absolutely. what iowa's job is in the nominating process, really in both parties is not about picking winners it's about picking losers, it's about deciding who is not going forward, who is not going to get ahead. michelle bachmann, we've been talking about, michelle bachmann really whether she decides to keep running or not running isn't that consequential only because her numbers are so small her influence on the race is so small. iowans, she is a native they know her best, they said know. rick perry spent $4.5 million in iowa, made appeals to the cal taour cultural conservatism...