• Senate to Vote on Bailout: Senate leaders have scheduled a vote today on the $700 billion bailout proposal after adding tax breaks and a higher insured bank deposits limit in an attempt to win House approval and send the bill to President Bush by the end of the week. Senator Harry Reid said, “It has been determined, in our judgment, this is the best thing to move forward," when he announced the unexpected move.
• Chinese Gymnasts Win Age Fight: International gymnastics officials closed a five week investigation in to the ages of the Chinese gymnasts competing at the Beijing Olympics, ruling that documentation rules that the gymnasts were old enough to compete. The scrutiny has not yet cleared gymnasts who won the team bronze in Sydney eight years ago saying, "The FIG does not consider the explanations and evidence provided to date in regards to these athletes as satisfactory.''
• Spain Arrests 121 For Child Porn: In what's described as Spain's largest operation against child internet porn, Spain's authorities say they have arrested 121 people and millions of images.
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When a country spends seven years getting ready for the Olympics, a whole lot of jobs must be created along the way. In fact, Chinese officials estimate that since 2001, 600,000 Olympic-associated jobs were created each year. Now that the big games are over, China's labor force wants to use the skills to transition into new employment.

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• Diplomacy: Can one stupid comment hurt the countries' relations? Israel's lone medalist calls the Chinese "scum." — Shanghaiist
• VPs: How do you debate a woman and win?
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Now that the torch has been shelved for another four years and the birds' nest stadium is empty, Chinese residents are hoping to keep one benefit of the Games — increased air quality. During the Olympics, officials enacted strict measures to try to clear out the perpetually smoggy air, including limiting traffic and curbing factory production. The measures are set to stay in place until Sept.

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• Gymnastics: Confusion or cheating? China acknowledges gymnastics team age confusion, blames bad paperwork. — Huffington Post
• France: Lethal summer in the Alps? Ten missing after yet another summer avalanche, 100 have died this summer. — The Lede
• Romney Does he have to go with experience?
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