In Israeli right-wing circles, they are calling her a "modern-day Esther", a 1990s version of the Jewish heroine who, according to the Old Testament, became queen to the Persian King Ahasuerus, and used her royal access to thwart an evil courtier's plan to massacre the Jews.
In some Arab circles, what they're calling her is unprintable. She is, of course, Monica Lewinsky - "saviour of Greater Israel" or "enemy of the Palestinians," depending on where you sit.
The Monica-as-Esther comparisons sprang up, appropriately enough, among worshippers in Jerusalem's synagogues this past sabbath. Like Esther, the rightwing parallel runs, Monica allegedly slept with the head of state at a time when the people of Israel were in grave peril.
And like Esther, her intervention has averted a danger - the likelihood of President Clinton embarking on a personal Middle East peace initiative, and forcing the Israeli Prime Minister, Mr Benjamin Netanyahu, into undermining Israel's security by giving up more West Bank land to the Palestinians.
While there have been no serious suggestions on the Israeli side that Ms Lewinsky was deliberately trained for the mission of distracting Mr Clinton from matters Middle Eastern, several Arab leaders and media outlets are indulging in full-scale conspiracy theorising to that effect.
In an address in Gaza on Friday, the Hamas leader, Sheikh Ahmad Yassin, charged that "the Zionist lobby" was to blame for the President's complications. A Syrian daily blared that "Netanyahu stands behind the Lewinsky affair".
The Egyptian newspaper Al-Akhbar pointed a finger at "the Jewish lobby in Washington".
There is certainly no shortage of material to feed such theories. For one thing, the Lewinsky scandal erupted in the very week that Mr Clinton met with both Mr Netanyahu and the Palestinian President, Mr Yasser Arafat, and indicated a new resolve to take a more direct role in regional peacemaking.
The Palestinians were heartened by Mr Clinton's support for what he called their aspirations "to live as free people" - the closest he has yet come to endorsing independent statehood.
For another, many of the key players in the scandal are Jewish: Ms Lewinsky herself, her lawyer, Mr William Ginsburg, and the literary agent, Ms Lucianne Goldberg, who suggested that Ms Lewinsky's friend, Ms Linda Tripp, tape-record phone conversations with her.
Ironically, of course, some Palestinians have previously charged that the Clinton administration has a pro-Israeli bias, and blamed that on the Jews surrounding the President - including the Secretary of State, Ms Madeleine Albright, the special envoy, Mr Dennis Ross, and two top State Department officials, Mr Martin Indyk and Mr Aaron Miller.
Fuelling the suggestions of antiPalestinian intrigue is the fact that, were the scandal to bring down Mr Clinton, he would be replaced by the Vice-President, Mr Al Gore. If Mr Clinton is a great friend of Israel, but no admirer of Mr Netanyahu, one Israeli analyst noted last night: "Mr Gore is a friend of the Likud" - the Prime Minister's party.