It occurs to me that I’ve been so busy wringing my hands over the Messiah that I’ve denied you the basic right of every conservative blog reader: Pure, blissful schadenfreude over Her Majesty’s political demise.

A terrible oversight. I promise it won’t happen again. To atone:

Senator Hillary Rodham Clinton’s latest campaign finance report, published Wednesday night, appeared even to her most stalwart supporters and donors to be a road map of her political and management failings. Several of them, echoing political analysts, expressed concerns that Mrs. Clinton’s spending priorities amounted to costly errors in judgment that have hamstrung her competitiveness against Senator Barack Obama of Illinois.

“We didn’t raise all of this money to keep paying consultants who have pursued basically the wrong strategy for a year now,” said a prominent New York donor. “So much about her campaign needs to change — but it may be too late.”…

Patti Solis Doyle, Mrs. Clinton’s presidential campaign manager until she was replaced on Feb. 10, also ran her Senate re-election bid in 2006. That campaign spent about $30 million even though Mrs. Clinton faced only token Democratic and Republican opposition…

[T]he Clinton campaign at times found itself spending money on items that were not ultimately helpful. As part of their get-out-the-vote effort in Iowa, the campaign came up with a plan to have a local supermarket deliver sandwich platters to pre-caucus parties. It spent more than $95,384 on Jan. 1 at Hy-Vee Inc., a local grocery chain in West Des Moines, Iowa, in addition to buying loads of snow shovels to clear the walks for caucusgoers. Mrs. Clinton came in third in the Jan. 3 caucus. It did not snow.

It’s not just bad spending — $10 million thus far to the firm of Mark Penn, the would-be Rove figure who, more than anyone else, has helped steer this plane into the ground — but dumb spending. Read Joe Trippi’s pithy take about halfway through. They exhausted lots of big donors at the beginning and poured money into early states to try to knock Obama out. When it didn’t happen, they had no Plan B. Get that woman an executive position, stat!

The superdelegates are already headed to the lifeboats to the tune of a dozen a week by the AP’s count, despite Hillary’s best efforts to apply a tourniquet. The Journal’s compiled an easy peasy scrollable list indicating who’s undecided and who, thus far, is committed to a candidate (read: Hillary) different from the one for whom their district voted (read: Obama). That’s where the next round of switches will come.

The exit question I never thought I’d ask: What’s next for our gal? Conventional wisdom is that she’ll try to remake herself as a Kennedyesque power broker in the senate, but Obama won’t want her there harboring a grudge and trying to kneecap him on key legislation when he’s president. Dare I say it — Justice Clinton?