This was Blast’s live coverage, updated throughout the night of the Iowa caucuses.

In the Iowa Democratic caucus, Barack Obama has won over former senator and vice presidential nominee John Edwards and Senator Hillary Clinton. Clinton is likely to finish in third place in a 37, 30, 30 close race.

In the rural , 95 percent white state, Obama has made a broad statement going forward.

The Associated Press has called the Democratic poll for near 9:30 p.m. Thursday.

This is terrible news for John Edwards, who many feel needed a win in Iowa to maintain his strength in the Democratic race. He has little funding left, and won’t get much of a bonus after barely sneaking away with second place.

Blast Magazine has learned that Senator Chris Dodd (Conn.) will drop out of the race. Senator Joe Biden also announced near 11:30 p.m. Thursday that he would leave the race.

On the right side of the aisle, former Arkansas Governor Mike Huckabee has won the Republican straw poll.

NBC and CNN called the race shortly after 9 p.m. Thursday.

Huckabee beat out former Massachusetts Governor Mitt Romney by nearly 10 percentage points.

Fred Thompson finished third while John McCain was down in fourth.

Rudy Giuliani is not campaigning in Iowa.

Huckabee was outspent 15:1 in Iowa. “People are more important than the purse,” he said during his victory speech.

“Tonight the people of Iowa made a choice, and their choice was clear; their choice was for a change,” Huckabee said.

Huckabee will certainly find financial support in the coming days leading up to New Hampshire — whether his momentum will propel him remains to be seen.

Blast Magazine staff writers Heidi Buchanan and John Guilfoil contributed to this report.

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