• This is a rush transcript from "The Journal Editorial Report," March 29, 2008.

    PAUL GIGOT, FOX HOST: This week on the "Journal Editorial Report," should Hillary quit? Clinton insiders put her chances of winning the nomination at 10 percent. So what's keeping her in the race?

    Plus, the presidential candidates unveil their strategies for saving the slumping housing market. But what do their plans tell you about the kind of president they'd be.

    And lawyers gone wild. A look at the lineup of trial attorneys headed to the big house.

    But first, these headlines.


    GIGOT: Welcome to the "Journal Editorial Report." I'm Paul Gigot.

    Hillary Clinton spent the week campaigning hard in Pennsylvania ahead of next month's primary. But even with a big win there, her own campaign acknowledges there's no way she'll finish ahead of Barack Obama in pledge delegates.

    And at least one Clinton insider has gone so far as to estimate that she has no more than a 10 percent chance of winning the nomination. So is it time for her to get out of the race?

    Joining the panel this week, "Wall Street Journal" columnist and deputy editor Dan Henninger, editorial board member Jason Riley and Washington columnist Kim Strassel.

    Jason, so we're hearing it from a lot of Democrats. Bill Richardson, governor of New Mexico, and others saying time to end this thing. Hillary Clinton can't win.

    Should she get out of the race now to save the party from more in- fighting?

    JASON RILEY, EDITORIAL BOARD MEMBER: Of course she should get out of the race now.


    She's got the delegate deficit that you mentioned. She's also behind in the popular vote. It's nearly mathematically impossible for her to make up this gap. And the only way for her to win is that the superdelegates put her over the top.

    And if you think Jeremiah Wright's conspiracy theories are bad now in the black community, wait until to see what happens when the superdelegates take this nomination away from Barack Obama and give it to Hillary. It'll be madness.

    GIGOT: But the superdelegates, of course, were designed as a system to select the nominee if, in fact, we got to this kind of situation where the pledged delegates didn't...

    RILEY: Sure. But they will be doing something extraordinary. And to some extent, the conspiracy theorists will be right. A bunch of higher ups in the Democratic Party will have conspired to do something out of the ordinary to give the nomination to Hillary Clinton.

    GIGOT: OK, Henninger...

    DAN HENNINGER, COLUMNIST & DEPUTY EDITOR: Let's take that point a little bit further. We have elevated this race as though it's simply Barack Obama against Hillary Clinton. There's a little bit more to it than that. And we found that out this week when 15 or so of Hillary's biggest donors sent a letter to House Speaker Nancy Pelosi saying a couple of things — one, the superdelegates ought to be able to vote for whoever they think is most electable, and remind Speaker Pelosi, they give a lot of money to the Democratic House campaign committees.