Will Hillary Swiftboat Obama?

A panicked and cash-short Clinton campaign is seriously considering giving up on the Nevada caucuses and on the South Carolina primary in order to regroup and to save resources for the massive 19-state mega-primary on February 5.

At the same time, some top independent expenditure groups supporting Clinton have been exploring the creation of an anti-Obama "527 committee" that would take unlimited contributions from a few of Clinton's super-rich backers and from a handful of unions to finance television ads and direct mail designed to tarnish the Illinois Senator's image.