After Christie's Nod, More Money, Supporters for Romney (ContributorNetwork)

ANALYSIS | After weeks of toying with the idea of joining the 2012 presidential race, Chris Christie officially endorsed Mitt Romney on Oct. 11. Christie has announced that he will campaign for him and focus on getting him elected.

Romney will only benefit from this endorsement:

More Supporters

After Christie said he would not run for president on Oct. 4, supporters began to flock to Romney. The endorsement may attract more conservative supporters to Romney. In addition, Christie could help him gain a foothold with the tea party. I think this group of voters has been holding out and hoping that Christie would still change his mind. Christie's endorsement of Romney solidifies that he is not running, so the tea party voters must find another candidate.

More Money

Many donors were waiting for Christie to run and hesitated to support other GOP candidates. Now, Christie's self-elimination as a viable candidate has pushed some of the donors toward Mitt Romney. The endorsement will only help Romney secure more money for his presidential race. Ken Langone has already moved his support to Romney, so others may follow.

Although the potential that the donors will shift to Rick Perry exists, it does not seem likely. His lackluster performance at the GOP debate on Oct. 11 has him falling behind in the presidential race. Perry has been losing supporters and interest for several weeks. The lack of an endorsement from Christie only strengthened the notion that he was losing ground in the GOP race for a nomination.

Winning the GOP Nomination

The endorsement from Christie helps Romney push Perry further down in the polls and possibly secure the GOP nomination. The campaign boost from Christie may be enough for Romney to eliminate Perry from the race. The GOP debate on Oct. 11 did not improve Perry's chances.

I was not surprised by the endorsement from Christie for Romney. Although Christie has been coy about his choices since Oct. 4, he has a history with Romney. Romney made a donation to the New Jersey Republican Party in March. Now, Romney is hoping that Christie's popularity will transfer to him.

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/ac/20111027/pl_ac/10188877_after_christies_nod_more_money_supporters_for_romney

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