Fred Thompson dropped out of the Republican race for President yesterday afternoon (you’re forgiven if you forgot that he was running in the first place – apparently he forgot too). Hours later, Thompson effectively won the Louisiana caucus (I say “effectively” because there is a fair amount of nuance there, but click the link to hear that).

According to TPM, had he actually been in the race, he would have earned all 47 of Louisiana’s delegates to the Republican Convention. That would have put him in the lead overall, with 55 delegates. As it is, Thompson has four times as many honest-to-goodness real delegates as Rudy Giuliani. Heck, even Ron Paul, the “fringe” candidate has more delegates than Rudy.

On the other hand, this does move Rudy into fifth place.