08/06/2008 5:29:55 pm
The Fall of the House of Clinton. Many thought that Hillary Clinton could not lose the Democratic nomination. But she did - after a populist, protectionist and even racist campaign. She damaged not only her own prospects for the future, but also the legacy of her husband - and he helped too. More about this disastrous result in The Economist, read here.

Now that Obama and Clinton are exchaning compliments, some may think that they actually like each other. They do not. Their comments have to be put in a strategic context. Clinton is kind to Obama because she does not want to seem like a poor loser. He is kind because he wants the support of her troops. And they both want the Democrats to win.