Mitt Romney: 'We Won The Silver'

ABC News' John Berman, Matt Stuart, and Ursula Fahy Report: The man who once ran the Olympic Games declared, "Well, we won the silver!" 

Former Gov. Mitt Romney, R-Mass., came in second-place in Iowa, saying, "Congratulations to Mike Huckabee who won the gold."  Romney boasted that when he got into this race a year ago, he was behind in the polls to Rudy Giuliani, John McCain, and Fred Thompson, and in the end, "we beat all of them." 

Of course, he still lost, and fairly badly. 

Romney put on a cheery face despite results that aides acknowledged were a surprise.  Romney made a huge investment in Iowa.  On advertising alone, he spent $7 million dollars, more than all the other Republicans combined. 

If you measure that against his roughly 26,000 votes, it amounts to $270 a vote.  And that doesn’t include what is mostly likely millions more in other spending.

Romney appeared on stage with his wife, five sons, and several grandchildren, who looked a bit tired.  There will be more long nights as he tries to regain his footing in New Hampshire.

Latching on to the anti-Washington sentiment of the night, the former Massachusetts governor said, "Washington is broken."  He went on, "we need new faces in Washington, and I intend to be one of them."

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