Newt Gingrich and Rick Santorum are fighting for the right to be the conservative alternative to Mitt Romney.

But they both lost that battle in Nevada — to Ron Paul.

Entrance polls from Saturday’s Nevada caucuses show Romney racking up huge wins among the vast majority of demographics, which isn’t surprising given that he took about 50 percent of the vote.

But the one demographic that is supposed to be Gingrich’s and Santorum’s bread and butter — people looking for the “true conservative” in the race — didn’t go for either one of them.

Which begs the question: Just what is the argument for their candidacies right now?

The entrance polls show about one in five voters said the most important attribute they want to see in a candidate is that he is a “true conservative.”

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