After a lackluster amount of support former Minnesota governor Tim Pawlenty has decided to drop his presidential bid. After placing third in an Iowa straw poll, Pawlenty released that he really doesn’t have a pathway in the race and decided to pull out now rather than spending thousands on a losing campaign. The news comes a day after Texas governor Rick Perry announced his bid for president in the 2012 election. Read more about Pawlenty after the jump. @Julie1205