After Nixon resigned in 1974, he engaged in a very aggressive war with history, attempting to wipe out the Watergate stain and memory. Happily, history won, largely because of Nixon's tapes.
Clinton... believes that the Washington Press Corps is so out of touch that it is absolutely inconceivable that reporters would understand the issues that people are really dealing with in their lives.
I believe Watergate shows that the system did work. Particularly the Judiciary and the Congress, and ultimately an independent prosecutor working in the Executive Branch.
I don't think there will ever be a permanent truce, but I believe the media needs to be more careful and be willing to count to 10 before rushing on the air or into print.