Tim Pawlenty

The evening of Oct. 15 marked not only the final debate of the long presidential campaign, but also the last installment of the now time-honored tradition of the post-debate spin room.

Last night, as reporters bounced dutifully between the little clusters around the yellow square signs identifying backers of McCain and the blue rectangular banners above the heads of Obama supporters, they’d heard practically everything the two camps had said before. But some remarks were notable nonetheless, if only for their sheer spinniness.

Some highlights follow.

Here's Obama campaign manager, David Plouffe, a talking campaign memo, on where the campaign goes from here:

"We want to hold down all of the Kerry states.  read more »

What kind of day has Tim Pawlenty had? The kind where your value on the Intrade Republican vice-presidential future markets shoots up by more than 50 points -- while your chief opponent's stock plummets by 31. The Minnesota governor is now trading roughly where Joe Biden was just before word of his selection by Barack Obama broke.

For most of the summer, Biden contracts were trading at around 10 on the Intrade political market, while Evan Bayh contracts traded much higher – peaking at 40 about 10 days ago. But look at what’s happened in just the last day, as the media has begun portraying Biden as the most likely selection.

Other notable values on the Democratic V.P. market: Tim Kaine is now trading at 15.4, which is actually up slightly from yesterday, and Kathleen Sebelius is at 14.8 – almost a five-point jump for her from yesterday. Hillary Clinton is at 9.3, unchanged from yesterday. But maybe we shouldn’t read too much into this: Wesley Clark is at an absurdly overvalued 13.8.

On the Republican side, Mitt Romney is top at 31.1, followed closely by Tim Pawlnety at 29.9.

Glance at practically any public analysis of John McCain’s vice presidential options and you’ll find the name of Tim Pawlenty mentioned prominently. The 47-year-old second-term Minnesota governor is, supposedly, at or near the top of McCain’s shortlist.

There is certainly some logic to this. First, Pawlenty is loyal – he sided with McCain early and unflinchingly stuck with him last summer, when everyone else in the world seemed to give up on him – and McCain likes loyalty. Second, Pawlenty would balance McCain’s advanced age and maverick streak with (relative) youthfulness and more appeal to the Republican base.

Plus, he’d offer the chance to pick up Minnesota, a state that the G.  read more »

Though the Democratic nomination has yet to be decided, Barack Obama and John McCain have begun acting very much as if the general election has already started, exchanging direct criticisms and sizing each other up. And, while neither has talked publicly about it at this early stage, both men are doubtless pondering the running-mate question.

In a matchup with Obama, McCain would face two potentially conflicting imperatives with his choice of a vice presidential candidate.  read more »