Republican presidential candidate Tim Pawlenty decided to end his campaign bid for the presidency after finishing third in the latest Iowa straw poll.

“I wish it would have been different, but obviously the pathway forward for me doesn’t exist so we are going to end the campaign,” Pawlenty said on ABC’s “This Week“.  He went on to say to his supporters, “I thought I would have made a great president, but obviously that pathway isn’t there, I do believe we’re going to have a very good candidate who is going to beat Barack Obama.”

Pawlenty’s last significant claims were being a two-term governor of Minnesota and nearly became John McCain’s VP pick for the 2008 presidential race.

He had spent most of his money in Iowa believing it was a must win, and since he came in a distant third, with not much left to keep the campaign going, he really had very few options left.