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I had the same impression; that this is a pro-Giuliani piece disguised as an anti-Hillary piece.
Yup, there's a lot of that going around, even here on FR. Unfortunately some conservatives will fall for it, when the most important thing for conservatives is to get behind one acceptably conservative candidate who can beat both Rudy and Hillary. If conservatives remain split between several otherwise good conservative candidates who have no chance of winning nomination, Rudy will be the GOP nominee and Hillary will be the next president.
I'm putting my support to Thompson, because he's acceptably conservative, although not as much so as I would like on several issues, and I believe he can beat both Rudy in the primaries and Hillary in the general if enough supporters of the "no chance" conservative candidates will accept reality and vote for him in the primaries.