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*Finally, a little bit of election craziness has come to D.C.: At-Large Councilmember Carol Schwartz, a 24-year incumbent, loses! The Board of Election and Ethics pulled a Florida! Ward 2 candidate, Cary Silverman, is refusing to concede until all the votes are counted! “Not while there’s still precincts out,” he says. “We can’t say anything until we know what’s going on here. This is a mess. Too many questions.”

*Elsewhere in the city, specifically the desks of the Washington Post‘s food writers, people are talking about cupcakes. This week, they launch their six week search to find the best cupcakes in the city. Think they’re two years too late for people to care? Well hold your tongue! “Anybody who thinks the cupcake trend is passe didn’t notice the long lines when Hello Cupcake and Georgetown Cupcake — and hasn’t read a new local blog devoted exclusively to tracking the diminutive desserts (delleicious.blogspot.com).” Cupcakes forever!

*Find out why your tax dollars are now being thrown at mortgage giants Fannie Mae and Freddie Mac: “Allowing Fannie Mae and Freddie Mac to collapse would have been akin to letting Japan or the United Kingdom go bankrupt. Global economic leaders say even those unimaginable scenarios would have paled beside the fallout from a Fannie/Freddie implosion.”

*Jack Shafer predicts the Sarah Palin/Charlie Gibson interview.

*Lobbyist launches clothing line. The shirts “amplify cleavage but minimize the notion of someone looking through your shirt.”