• Well, this is a pretty good week not to be in London anymore, what with nearly the entire London Underground system shut down. Somehow, this is Barack Obama’s fault. (The Times)
• Carrie Prejean has had her title of Miss California taken away by The Gays. Actually, she had it taken away by Donald Trump and her bosses at Miss California USA for failing to fulfill all of her contractual obligations. But still. (CNN)
• Sen. Mel Martinez, the Senate’s only Latino Republican, says he understands what Sonia Sotomayor means when she talks about the importance of her heritage. Or in other words, Mel Martinez is a racist! (Real Clear Politics)
• Before Tuesday’s election, nobody could have predicted that Terry McAuliffe, who is not actually from Virginia but is BFF with Bill and Hillary Clinton, would not win an election in a state which has never voted for Bill and Hillary Clinton. Now that McAuliffe has lost decisively, though, everything is suddenly clear. (Washington Post)

Update: For the lulz, take a look at the SarahPAC logo.

Basically her plan for America is to cut a huge Alaska-shaped hole out of it because Country First amirite? What’s really funny is that she’ll be taking out a good portion of “Real America,” which is defined as all the states that voted for her and that old guy who kept staring at her ass.

• Obama transition spokeswoman Stephanie Cutter says no Cabinet nominations will be named this week. If anyone says otherwise, Rahm Emanuel will beat them with a dead fish.* Too bad. We could use a new Treasury Secretary–see below. (Reuters)
• So while we were all focused on the $700 billion bailout package, the Treasury Department slipped the banks a secret windfall of $140 billion in tax breaks. Like most of what the Bush Administration has done in the past eight years, this was porbably illegal. Meanwhile, the Fed has loaned almost $2 trillion of your money and refuses to say where the money went. Man, I can’t wait to kick these crooks out of Washington on January 20. (Washington Post/Bloomberg)
• Howard Dean is upholding his one-term pledge and will step down as DNC chairman. Hopefully this isn’t the end of 50-state strategy because, y’know, it worked. Claire McCaskill’s name is being floated around as a possible replacement, which I’ll support as long as she can keep her Senate seat at the same time. (Huffington Post)
• Speaking of DNC chairs, former DNC chair Terry McAuliffe has filed papers to run for Governor of Virginia in 2009. (Tim Kaine is limited to one term.) There are already two declared Democratic candidates, so this is going to get interesting. (CNN)