The unwritten assumption is that Hillary would even be a second-term senator. I notice the Guiliani isn't in the President's cabinet for any of the slots he has been rumored for.
If he runs for NY senator against Hillary, she'll be toast.
I don't think she'll run in 2006. She won't risk the loss and she can spend all her time running for President. She will have several YEARS to run AND no more votes in the senate that could be used against her.
She is VERY CUNNING and is spending all her time raising money and re-inventing herself...remember, short memories and the MSM on her side....we need to do the same as her...spend our time educating people about her.