President Musharraf of Pakistan, facing impeachment, resigns from office. I hope this is good news for democracy in Pakistan, but I suspect it is not. My guess is that this will either propel Pakistan into more unrest, resulting in another Army-led coup, or lead to more political power for the Islamists (which might result in an Army-led coup, anyway).

Russia tightens it's grip on South Ossetia and Abkhazia. Strategypage reveals some details on how the Russian military performed during the fighting.

Bill Kristol says McCain outperformed Obama at Saddleback.

Meanwhile, the polls show the race continues to be very tight. The latest RealClearPolitics Electoral Map shows just how tight. Expect an Obama bounce next week during and immediately after the Democratic convention. But, I suspect the bounce will be short-lived.