On the eve of the Iowa caucuses, NBC News Political Director Chuck Todd disclosed that the media was poised to take a third-place McCain finish there and use it to catapult him to victory in New Hampshire. McCain actually finished fourth in Iowa, but on Good Morning America today we saw a perfect example of the phenomenon Todd predicted.

ABC declared that McCain is "surging," "rising in the polls," may have "the most momentum," used "The Mac Is Back" as its screen graphic, and portrayed Mitt Romney in a highly unflattering light. There was only one small problem with ABC's depiction of a McCain surge: the latest poll numbers from the organization that nailed the Iowa results . . . reveal that McCain slipped in the polls overnight and lost ground to Mitt Romney.

View video here.