The House Republican leadership’s explanation that they lost their caucus on the bailout because of Nancy Pelosi’s floor speech was transparently false on it face, but Rep. John Shadegg (R-AZ) removed whatever doubt might have remained this morning on MSNBC:

Facebook hires former Alberto Gonzales chief of staff to be its new General Counsel.

Obama edges toward more active role in responding to financial crisis.

So who does Paul Krugman agree with among those proposing various alternative bailout plans? Today he tells us.

How many times did John McCain and his campaign surrogates crow about his putting together the bailout deal before it crashed and burned yesterday afternoon? Let’s go to the tape …

Full-size video at TPMtv.com.

What are economists saying about the bailout bill that just went down the tubes? We round up expert opinion in our new Bailout Burnout page.

Bloomberg to run for third term as NYC Mayor, to push to overturn term limit.

Now McCain can’t even keep track of his own lies.

These Palin interviews just get harder and harder to watch: