The Note: McCain's Mojo

On Wednesday: "veepstakes fever is set to run high," per ABC's Teddy Davis and Gregory Wallace. Sen. Evan Bayh, D-Ind., appears with Sen. Obama; Gov. Tim Kaine, D-Va., will be alongside Michelle Obama; and Gov. Tim Pawlenty, R-Minn., delivers a speech in Washington about "Sam's Club Republicans."

"Officially, Barack Obama will deliver an energy-policy speech Wednesday to citizens in Elkhart, Ind.," Christopher Cooper and Douglas Belkin write in The Wall Street Journal. "But the focus of the political chattering class will be on the man sitting shotgun at the event: Evan Bayh. . . . Understated in demeanor and rarely demonstrating a passion for showboat political issues, Sen. Bayh may lack flash. But he sits on the powerful Senate armed-services and intelligence committees, enjoys an easy rapport with Midwestern crossover conservatives and displays a fund-raising knack extending beyond his home constituency."

But Bayh killed the drama: "I'm absolutely confident there will be no announcement tomorrow," he told the Indianapolis Star's Mary Beth Schneider. "I guess the best way to put it is, if there's an announcement tomorrow, I'd be as surprised as anybody else." On whether he'll get the offer: "I have no idea. You'd have to ask him." (Like he'd answer!)

On the event with Kaine: "Michelle Obama will act as her husband's proxy for a sit-down with military spouses in Norfolk on Wednesday, then spend an evening raising money with a potential Obama running mate," per the AP preview. "Michelle Obama's presence as early as August illustrates the Democrats' resolve to contest Virginia, even though it hasn't backed a Democrat for president in 44 years."

"If Kaine ends up as Barack Obama's running mate, the senator from Illinois would find himself with someone who shares several of his attributes," The Hill's Walter Alarkon writes. "But Kaine, a governor for nearly three years, has yet to master the legislature, clashing with Virginia Republicans whom Democrats blame for blocking his agenda."

Pawlenty speaks at 1 pm ET at the National Press Club. On Tuesday, he was still waving a tire gauge: "I don't think he has a compass when it comes to this issue. He's obviously thrashing about to catch up to the idea of the week," he said on an RNC conference call, per ABC's Imtiyaz Delawala.

Carly Fiorina grabs a Los Angeles Times profile: "Fiorina, 53, is doing yeoman's service for the campaign in exchange for the chance to refashion her image as a political contender. She takes part in daily strategy sessions, advises McCain on the economy and acts as his surrogate in battleground states and with women," Michelle Quinn writes.

"Her poise and freshness have been offset at times by her inexperience and her contentious tenure at HP, during which she cut more than 20,000 jobs and the venerable technology company's stock fell by nearly half. Democrats say that Fiorina is a ripe target, viewed as an elitist who threw the company into turmoil before walking away with $21 million in severance and other payments."

Former governor Mitt Romney, R-Mass., says he's no Dick Cheney: "Just because we're Republican doesn't mean we see all issues the same way and suggesting we're all like Dick Cheney or all like George Bush is a nice effort on their part, but I frankly don't think it will fly," Romney said on CNN.

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