DES MOINES, Iowa/MANCHESTER, New Hampshire (Reuters) – Michele Bachmann was out, Rick Perry was back and Rick Santorum was up in the most volatile Republican presidential nominating contest in decades on Wednesday, as conservative Republicans searched for an alternative to frontrunner Mitt Romney. Bachmann, a U.S. congresswoman from Minnesota, stepped down after a dismal sixth place finish in the first Republican nominating contest in Iowa, which was decided by a margin of 8 votes out of the 122,000 cast. …

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