- Drudge reports Condoleezza Rice is emerging at the top of Mitt Romney's veep list. Sarah Palin says Rice would make a great VP pick despite being pro-choice. Juan Williams explained in May why Rice would be a game changer, citing the fact that Dick Cheney and Donald Rumsfeld are still taking shots at her in their books as an asset.
- The Obama campaign is ramping up its Bain attack, using a (flawed) report by the Boston Globe to accuse Mitt Romney of either lying to the American people or committing a felony in filings to the SEC. The Romney camp has demanded a retraction from the Globe (denied) and lambasted the Obama campaign official who accused Romney of potentially committing a felony.
- The FBI is investigating Chinese telecom manufacturer ZTE. The company is accused of selling prohibited U.S. equipment to Iran and obstructing a probe by the Department of Commerce.
- Meanwhile, Congress is up in arms over the fact that the U.S. team's Olympic gear by Ralph Lauren was made in China.
- The United Nations is increasingly relying on mercenaries for security functions, according to a report from the Global Policy Forum, spending $44 million in 2009 and $76 million in 2010 on security contracts.
- Asbury Park overturned a boardwalk bikini ban on the books since 1953. It hadn't been enforced in decades but a campaign started to start enforcement again.
- Publish something awesome between July 1, 2011 and June 30, 2012? Learn more about theBastiat Prize for Journalism.
Don't forget to sign up for Reason's daily AM/PM updates for more content.
Reason.TV: "Randy Barnett: Losing ObamaCare While Preserving the Constitution"