Article: Hillary + Fox News?

Found this interesting tidbit on Americablog:

Rupert Murdoch, the conservative media mogul whose New York Post tabloid savaged Hillary Clinton's initial aspirations to become a US senator for New York, has agreed to host a political fundraiser for her re-election campaign.

The decision underlines an incongruous thawing of relations between Mr Murdoch and Mrs Clinton, who in 1998 coined the phrase "vast rightwing conspiracy" to denounce critics of her husband, such as Fox News, the conservative cable channel owned by Mr Murdoch's News Corporation.

...

One media lobbyist said: "Murdoch will be for the Republicans but he is also smart enough to know that the Republicans might not win. At some level, whether nationally or in New York, Hillary is the future and what savvy businessman would not want to put a line of interest in someone who will be the future?"

This is either the smartest or the dumbest political move possible.

As everyone knows, Hillary Clinton is running for President in 2008. It's not a matter of if she runs for President. She's running. She's hired staff, is raising money, has started to line up political support, etc.

I assume that Clinton is offering political access and maybe further media deregulation (ie, giving Murdoch/News Corp ever more money), in exchange for campaign cash and a slightly blunted Fox news. But its a very dangerous liason.