Why is anyone paying any attention to the Iowa caucus this year? All the American news sources I follow are awash with breathless stories about a horse race that doesn't even exist. We all know the results already. Whether Iowa is really important in a normal presidential nomination contest is debatable (plenty of candidates that "win the first caucus in the nation" go on to lose the nomination). But this year it's even more absurd because there isn't even a real nomination race. Everyone already knows the outcome. The race is a mere formality. Why aren't news sources treating it like what it really is?