Word: iowa
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...absolutely essential that ... we make the right choice, because if we make the wrong choice then the danger is that we'll get hit again." DICK CHENEY, U.S. Vice President, campaigning in Iowa, implying that a vote for John Kerry would make another terrorist strike more likely...
...wants to make existing tax cuts for individuals and corporations permanent. Bush argues that with reduced income taxes, families have more to spend, and with lowered corporate taxes, businesses can invest in equipment. Laura Bush gave an example in her speech at the convention: the owner of an Iowa tow-truck company who used the credits to modernize her fleet...
President George W. Bush allowed TIME photographer Christopher Morris exclusive access as he stormed through a series of campaign stops in swing states like Michigan, Iowa and Ohio in recent days. While some events were traditional rallies, others, titled "Ask President Bush," had him taking questions from the audience. Along the way, he was joined by two of the G.O.P.'s most popular moderates, California Governor Arnold Schwarzenegger and Arizona Senator John McCain. Also present, though far less visibly, were two of Bush's closest advisers, Karen Hughes and Karl Rove, who, having steered the President to victory four years...
DIED. FRANK SANACHE, 86, the last of eight Meskwaki Indians who used elements of their native language to encrypt walkie-talkie communications between American officers during World War II; in Tama, Iowa. Five months after being sent overseas, Sanache was captured by the Germans in Tunisia and spent 29 months in a Polish labor camp. The 2002 film Windtalkers focused on Navajo "code talkers" widely known for formulating the U.S. military code that remained classified and unbroken until 1968. But the Meskwaki were among 18 Native American tribes that served...
...downs of a huge political-betting market centered on Wall Street. According to University of North Carolina economist Paul Rhode, bettors were remarkably prescient: in 12 presidential elections between 1896 and 1940, the underdog won only once. Today Americans can "wager" on elections online through the Iowa Electronic Markets, a small-scale futures exchange that lets people buy contracts on candidates based on their estimated chance of victory. (At press time, George W. Bush led John Kerry 54% to 46%.) Since its 1988 launch, the I.E.M. has outpredicted election-eve polls by an average of 0.5 percentage points...