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The Clinton Battle Plan

-a dinner at the Four Seasons in New York for the 20th anniversary of Harvard's Joan Shorenstein Center on the Press, Politics and Public Policy. Portentous Ivy League professors, Upper East Side gazillionaires, Precambrian media pooh-bahs; Dan Rather and Al Franken and Paul Pelosi, spouse of the Speaker-elect. Almost all in attendance cheer the results of the midterms while bemoaning the demise of old media. Suddenly, shimmering over the tabletops, comes a vision of what was and might yet be again: in full plumage, arriving and departing separately per their insane schedules, Bill and Hillary Clinton—"two for the price of one," as the Arkansas governor liked to say back in 1992, before Dogpatch went global.

This audience knows about the ex-president's ability to put other people's money where his mouth is. Big money. At the second annual Clinton Global Initiative in September, he extracted more than $7 billion in commitments to address world problems. Hosting a conference of the Slate 60 largest charitable givers in the United States last week at his presidential library in Little Rock, he joked to the assembled billionaires, "I looked in the mirror and realized I'd become an NGO."