Hillary to withdraw? Do we believe John Edwards?

Today might end up being a historic day. We first saw the flashing siren on Drudge's page this morning, as he hinted that Hillary might exit the campaign. Shortly afterward, a story appeared, which I post in its entirety in case the link disappears:

TALK OF HILLARY EXIT ENGULFS CAMPAIGNS
Mon Jan 07 2008 09:46:28 ET

Facing a double-digit defeat in New Hampshire, a sudden collapse in national polls and an expected fund-raising drought, Senator Hillary Clinton is preparing for a tough decision: Does she get out of the race? And when?!

"She can't take multiple double-digit losses in New Hampshire, South Carolina and Nevada," laments one top campaign insider to the DRUDGE REPORT. "If she gets too badly embarrassed, it will really harm her. She doesn't want the Clinton brand to be damaged with back-to-back-to-back defeats."

Meanwhile, Democrat hopeful John Edwards has confided to senior staff that he is staying in the race because Hillary "could soon be out."

"Her money is going to dry up," Edwards confided, a top source said Monday morning.

MORE

Key players in Clinton's inner circle are said to be split. James Carville is urging her to fight it out through at least February and Super Tuesday, where she has a shot at thwarting Barack Obama in a big state.

"She did not work this hard to get out after one state! All this talk is nonsense," said one top adviser.

But others close to the former first lady now see no possible road to victory, sources claim.

Developing...

[The dramatic reversal of fortunes has left the media establishment stunned and racing to keep up with fast-moving changes.

In its final poll before Iowa, CNN showed Clinton with a two-point lead over Obama. Editorial decisions were being made based on an understanding the Democratic primary race would be close, explained a network executive.]

I will not dwell on this story for the moment because we will not get any better indication of what is going to happen until at least tomorrow night (or probably later). But I am uncomfortable with this story for two reasons:

- Part of the story comes from John Edwards, and everything Edwards' says is a lie.

- John McCain might yet save Hillary in tommorrow's New Hampshire primary.