Well it sure seems that way with all the news coming out about Obama’s popularity soaring and Clinton’s seeming to dwindle in New Hampshire. Obama’s polls are up, way up in fact that it appears as though he is on the verge of taking New Hampshire at a good 10 points ahead of Clinton, similar to Iowa. Her campaign thus far has played it off basically putting out that these early contests don’t matter. However, for all the New Hampshire voters who said Iowa doesn’t matter, it sure seems to have swayed a whole lot of them to change their vote to Obama.

Here she is talking with Harry Smith this morning on The Early Show discussing her situation in New Hampshire:

Then you’ve got this story on the Drudge Report today:

Facing a double-digit defeat in New Hampshire, a sudden collapse in national polls and an expected fund-raising drought, Senator Hillary Clinton is preparing for a tough decision: Does she get out of the race? And when?!

“She can’t take multiple double-digit losses in New Hampshire, South Carolina and Nevada,” laments one top campaign insider to the DRUDGE REPORT. “If she gets too badly embarrassed, it will really harm her. She doesn’t want the Clinton brand to be damaged with back-to-back-to-back defeats.”

Meanwhile, Democrat hopeful John Edwards has confided to senior staff that he is staying in the race because Hillary “could soon be out.”

“Her money is going to dry up,” Edwards confided, a top source said Monday morning.

That is merely a Drudge Report Flash so take it for what it’s worth which may not be much. Still, the media has been chock full of questions about dropping out which, frankly, I think is patently absurd. She needs to fight it out until super Tuesday on February 5th because she still has an excellent chance of being the nominee.

The bottom line in all this is that yes, I think her campaign is panicking just a smidgen as they’ve seen her lead in New Hampshire completely disappear. Sure, the thought was that if she loses Iowa, she’ll always have New Hampshire to fall back on. That logic has now been rendered null and void as Obama is gearing to take the state handily.

They are tied in South Carolina which means that could easily go to Obama as well. You have Michigan and Nevada in between New Hampshire and South Carolina and right now they’re set for Clinton but that could change too.

Angry’s got a post about polls leaving her in tears and I don’t blame her. When you’re so certain you’re going to win something and then it changes, that’s got to be emotionally draining. But I’m not getting all Dr. Phil here… politics is politics.