Lather, rinse, repeat: Like clockwork, the latest Republican to “surge” is now showing substantial signs of collapse. Newt’s polling in Iowa has dropped 13 points in the last two weeks, down to 14% from 27%. In other words, he’s lost roughly half his support in a matter of weeks. He’s now in third place, behind Mitt Romney (20%) and Ron Paul (23%), the current first-placer. The same polling house also has him running third in New Hampshire, with 17%—behind Paul (19%) and Romney (35%). Oh, and in a national CNN poll, Gingrich’s lead has disintegrated, as he now ties Romney for first (though, as we’ll continue to say, national polls aren’t terribly important in primaries). Hey Newt, how’s the real estate down on K-Street looking?