‘Substantive’ Press Is Taken for a Spin  —  OXFORD, Miss. — David Axelrod was surrounded by a pack of camera-toting, mike-wielding, pushing-and-shoving media types, one of whom asked whether his man Barack Obama had been “too nice” in the just-completed debate with John McCain.

Bailout plan rejected  —  House leaders scramble for support for controversial Wall Street plan.  —  NEW YORK (CNNMoney.com) — The fate of the Bush administration's $700 billion financial bailout plan was abruptly thrown in doubt Monday as a House vote turned against the controversial measure.

McCain takes credit for bill before it loses  —  Sen. John McCain (R-Ariz.) and his top aides took credit for building a winning bailout coalition - hours before the vote failed and stocks tanked.  —  The rush to claim he had engineered a victory now looks like a strategic blunder …

Gallup Daily: Obama Maintains 8-Point Lead  —  Registered voters prefer Obama to McCain, 50% to 42%  —  PRINCETON, NJ — The latest Gallup Poll Daily tracking update, based on Sept. 26-28 polling, shows Barack Obama with a 50% to 42% lead over John McCain, unchanged from the prior report.

Nancy Pelosi's bailout attack speech on the House floor; Update: Pence statement added  —  I noted it during my liveblog of the House debate.  Here's a video sample of her crap sandwich.  As I mentioned while it was happening, she received multiple rounds of applause on the floor before and after her spittle-flecked statement.

O'S DANGEROUS PALS  —  BARACK'S ‘ORGANIZER’ BUDS PUSHED FOR BAD MORTGAGES  —  WHAT exactly does a “community organizer” do?  Barack Obama's rise has left many Americans asking themselves that question.  Here's a big part of the answer: Community organizers intimidate banks into making high-risk loans to customers with poor credit.

Bailout questions answered  —  I'm being asked two big questions about this thing: (1) Was it really necessary?  (2) Shouldn't Dems have tossed the whole Paulson approach out the window and done something completely different?  —  On (1), the answer is yes.

US elections: Barack Obama's team believes he can win by a landslide  —  Barack Obama's senior aides believe he is on course for a landslide election victory over John McCain and will comfortably exceed most current predictions in the race for the White House.

Obama sought rape victim for ad  —  Barack Obama's campaign earlier this month sought to find a rape victim to appear in a campaign commercial, according to an e-mail obtained by Politico.  —  Kiersten Steward, director of public policy at the Family Violence Prevention Fund …

Statement by Attorney General Michael B. Mukasey on the Report of an Investigation into the Removal of Nine U.S. Attorneys in 2006  —  “I commend the hard work and collaboration of the Justice Department's Offices of Inspector General and Professional Responsibility on today's report concerning …

Chicago dive bar scores hit with nude Sarah Palin portrait  —  People are flocking to snap pictures of the latest tribute to Sarah Palin, a nude portrait depicting her in red stilettos and her trademark eyeglasses.  —  Brian Boyer  —  Artist Bruce Elliott says the hardest part was “getting the color right.”

McCain's Moment  —  No one wants to take ownership of the task of rescuing the economy right now.  The Bush-Paulson plan has failed.  The administration, House Democrats, and House Republicans (above all) have all proved unable to deliver.  But there is someone who might be able to save the economy …

Bailout follows the 10 normal principles for how our government functions  —  (updated below - Update II)  —  The word being used most frequently to describe the bailout package that is about to pass is “extraordinary.”  That adjective may apply to the amounts of money being transferred …

The Rich Are Staging a Coup This Morning ...a message from Michael Moore  —  Let me cut to the chase.  The biggest robbery in the history of this country is taking place as you read this.  Though no guns are being used, 300 million hostages are being taken.

Three Scenarios  —  The best case: This is an example of America's democratic institutions reasserting themselves in the face of the attempt by a panicked technocratic elite to prop up reckless institutions that richly deserve to fail.  —  The worst case: You know what.

House REJECTS Bailout Bill  —  In a major upset, the US House of Representatives has voted against passage of the $700 billion bailout bill.  The vote was 228-205 against.  Democrats voted 141-94 in favor of the measure while Republicans voted 131-67 in opposition to the proposal.