ABC News has video of a run-down, rambling Bill Clinton unloading on Barack Obama. When asked about Hillary strategist Mark Penn’s premature claim that Obama got no “bounce” coming out of Iowa, the former President came close to a meltdown.

“Give me a break. This whole thing is the biggest fairytale I’ve ever seen,” he said. Which explains exactly why he and Hillary are so unable to cope with the Obama phenomenon: they had thought they had foisted the biggest fairytale upon the American public. As it turns out, the Clintons are being out-Clintoned. Bill went on:

The idea that one of these campaigns is positive and the other is negative when I know the reverse is true and I have seen it and I have been blistered by it for months is a little tough to take. Just because of the sanitizing coverage that’s in the media doesn’t mean the facts aren’t out there.

Sanitizing coverage? This from the man whose perceived right to perjury launched an entire political force—moveon.org. At some point, the Clintons’ lurid exit from the world stage will cease to be delicious, but not quite yet.

Slate, by the way, has some valuable counterpoints to these Clinton claims.