Glenn Greenwald sums it up best:
http://www.salon.com/opinion/greenwald/2008/01/08/new_hampshire/index.htmlThe right-wing/media partnership is currently engaged in its catty sadism rituals over Hillary's possible demise. That's the two-headed beast that was single-handedly responsible for milking the sex scandals into Bill Clinton's impeachment against the wishes of most of the country -- and it was the same beast that enabled so many of the abuses of the last seven years -- and they're now finally able to celebrate gleefully what they think is their long-elusive victory over the Clintons. So that -- for now -- is where their attention is directed, and they feel some affection and respect for Obama for having achieved what they couldn't (not only for that reason, but that's a big part of it).
But that is a two-headed apparatus that doesn't go anywhere -- ever. It just changes targets. At this time during the 2004 election cycle, all of their bile was directed at Howard Dean. But it had no trouble switching seamlessly to John Kerry once Dean was vanquished. Anyone harboring some affection for what they're doing now because their target happens to be Hillary ought to be aware that it can and will switch targets, while being driven by the same people and the same tactics, without much trouble at all. That right-wing/establishment-media edifice is an incomparably destructive alliance -- and their tactics incomparably toxic -- no matter who their current target happens to be.