This cartoon by Adams from The Daily Telegraph relates to the Republican presidential primaries in which voters of the Republican Party will choose their nominee for President of the United States in the 2012 presidential election. The race for the primaries kicks off today with the Iowa caucuses.
The elephant is the traditional mascot of the Republican party. In the cartoon the elephant is out of breath before the race even starts—an allusion to the fact that the Republicans have already been campaigning for months and seen a number of potential candidates (Hermain Cain, Donald Trump, et al) come and go.
• Republican primaries: oops, here comes a candidate (Guardian)
• As Iowa Winnows the Republican Field, Who Will Survive for N.H. Primary Fight? (PBS NewsHour video)