Jowards
I think the reason that he is out of the race is really simple. Last election, when he ran, people were trying to figure him about. What does he stand for? What would he do? Lots of people thought he was running for VP, and he ended up as JK's VP. This time, it did not really take long for all the papers to identify Jowards as a populist panderer. Former ambulance chaser turned populist panderer with $400 haircut. And, because the US is not in a recession right now, there were not enough people feeling angry and disenfranchised. Hence, he is out?
I don't think there is much more to it than that.

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