Occasioned by coming across this via Daily Kos---a few Democrats sneer and jeer that Rudy Giuliani is supposedly tanking. I fear they're confused, as usual. At worst, Giuliani is holding steady---indeed, he's trending up in South Carolina, he's holding fairly steady right now nationally and leading in Florida, and he still has a clear lead in California.
If that's tanking, Senator Obama would like to similarly tank. I think some of our Democrat friends in the blogosphere are simply "seeing" what they'd like to see.