% of readers think this story is Fact. Add your two cents. DES MOINES — Texas U.S. Rep. Ron Paul conceded a third place finish in the Iowa Republican Caucuses late Tuesday night, vowing to press on in his 2012 presidential campaign. With 89 percent of precincts reporting, Paul had 21 percent of the Republican caucus vote, according to reporting by the Republican Party of Iowa. Former Massachusetts Gov. Mitt Romney and former Pennsylvania U.S. Sen.