hillary clinton press conference
© Dan Habib/Concord Monitor/CorbisClinton speaks with reporters in Manchester, N.H, during the 2008 Democratic primary.
Over the 25 years Hillary Clinton has spent in the national spotlight, she's been smeared and stereotyped, the subject of dozens of over-hyped or downright fictional stories and books alleging, among other things, that she is a lesbian, a Black Widow killer who offed Vincent Foster then led an unprecedented coverup, a pathological liar, a real estate swindler, a Commie, a harridan. Every aspect of her personal life has been ransacked; there's no part of her 5-foot-7-inch body that hasn't come under microscopic scrutiny, from her ankles to her neckline to her myopic blue eyes - not to mention the ever-changing parade of hairstyles that friends say reflects creative restlessness and enemies read as a symbol of somebody who doesn't stand for anything.

Forget all that troubled history, and a Clinton run for president in 2016 seems like a no-brainer, an inevitable next step after the redemption of her past few years as a well-regarded, if not quite historic, secretary of state. But remember the record, and you'll understand why Clinton, although rested, rich and seemingly ready, has yet to commit to a presidential race (people around her insist it's not greater than a 50-50 proposition), even as she's an overwhelming favorite.

If Clinton says yes, she'll have access to a bottomless pool of Democratic political talent and cash to match all those hyperbolic pronouncements about her inevitability. If she doesn't run, the single biggest factor holding her back will be the media, according to an informal survey of three dozen friends, allies and former aides interviewed for this article. As much as anything else, her ambivalence about the race, they told us, reflects her distaste for and apprehension of a rapacious, shallow and sometimes outright sexist national political press corps acting as enablers for her enemies on the right.

Clinton isn't insane, and she's not stupid. "When you get beat up so often, you just get very cautious," says Mike McCurry, her husband's former press secretary, who joined the White House team to find a first lady traumatized by the coverage of her failed Hillarycare initiative. "She [has] had a very practical view of the media. ... 'I have to be careful, I'm playing with fire.'"

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