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  • Karl Rove, the White House political adviser who is leaving his job at the end of August, professed to have better information than anybody. On Election Day in 2004, Rove phoned his fellow Republicans, and told them to ignore exit polls suggesting President Bush would lose. He was right.
  • Karl Rove, credited for the rise of President Bush, steps down. Former Massachusetts Gov. Mitt Romney wins the Iowa Straw Poll. Former Gov. Tommy Thompson is dropping out of the race for the Republican presidential nomination after finishing sixth in the poll.
  • The specter of a credit crunch looms over the world's financial markets, but investors' fears have begun to settle. The European Central Bank pumped more money into the financial system Monday, and investment bank Goldman Sachs put $3 billion into one of its troubled hedge funds.
  • The Bush administration castigated Congress on Friday for not passing comprehensive immigration legislation and proposed rules that would require employers to fire people whose Social Security numbers don't match that agency's records.
  • The mine where three rescuers died trying to rescue six trapped miners will be closed, co-owner Bob Murray tells NPR. He also says that a sixth hole may be drilled in an attempt to find the trapped miners.
  • Experts question whether the Crandall Canyon mine in Utah, where six coal miners were trapped, should have been operating at all. With high demand, and a high price, for coal, mine safety is sometimes compromised by digging into areas that have already been stressed.
  • President Biden approved Vermont's emergency declaration Tuesday morning as rescue teams in that state braced for more rain and flooding from a storm that left a trail of damage across the Northeast.
  • Pockets of New Orleans have recovered, but other parishes still have shuttered stores, boarded up businesses, closed schools and hospitals. The city has become a symbol of failure for the government at all levels. The biggest responsibility of government is strong, safe levees.
  • Newsweek columnist Daniel Gross says a lot of people use home equity to buy big-ticket items, such as boats and cars, and those industries are already blaming a downturn in business on the problems in the housing market.
  • Vera Wang, the high-end fashion designer, is launching a low-end line of clothing for the retailer Kohl's early next month. She's following in the footsteps of dozens of other luxury makers.
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