A victory by Ron Paul would "discredit the Iowa caucuses," said Chris Wallace, a Fox News host and the moderator of an upcoming GOP debate Friday night. He said on Your World with Neil Cavuto, "The Ron Paul people aren't going to like me saying this, but, to a certain degree, it will discredit the Iowa caucuses because, rightly or wrongly, I think most of the Republican establishment thinks he is not going to end up as the nominee. So, therefore, Iowa won't count and it will go on."
