On the Saturday Early Show on the morning of July 4, CBS anchor Priya David mocked Sarah Palin’s famous phrase, "You betcha," as she introduced a report by correspondent Nancy Cordes on the Alaska governor’s decision to resign from office. David: "Resign from office? You betcha. Alaska Governor Sarah Palin dropped a political bombshell Friday, announcing that she's leaving her post, but her future plans remain a mystery."

Unlike her report on the CBS Evening News from the previous night, this time Cordes refrained from referring to Palin’s speech as "rambling" and "confusing," but she did run a soundbite of the Politico’s Mike Allen calling Palin’s decision "odd." Allen: "If you’re trying to promote yourself as a steady leader, this is an odd way to run for President." On Friday night, Cordes had run a soundbite of Allen calling the announcement "bizarre." Allen: "This is very unusual, even bizarre. Governors just don't stop in the middle of their terms when there’s no clear reason."

Below is a complete transcript of the relevant report from the July 4 CBS Early Show:

Sarah Palin's “bombshell” holiday announcement that she will resign as Governor of Alaska managed to trump Michael Jackson as the lead on the ABC, CBS and NBC evening newscasts Friday night as NBC's Chuck Todd predicted she will now make fundraising appearances for GOP candidates where she'll draw in “car-wreck watchers.” CBS reporter Nancy Cordes reflected the tone of the stories when she described “a rambling, at times confusing announcement,” while on all three newscasts Palin's decision was called “bizarre.”

NBC News White House reporter Chuck Todd, who suggested she decided to quit so she could “make a lot of money” on the speaking circuit free of ethics complaint hassles, also predicted she will bring in big crowds at fundraisers for GOP candidates which will also entice those not so impressed by her:
She may spend the next year campaigning for Republicans all across the country. She's probably going to be the person that can attract the largest crowds, some of it is car-wreck watchers -- you know, they just are coming, kind of curiosity-seekers. It doesn't matter. She can attract a lot of people.

Audio: MP3 clip (16 seconds)

Nancy Cordes, CBS CBS Early Show co-host Maggie Rodriguez wondered on Friday: "Lots of politicians get caught having affairs, as you know. The trick, though, is making a comeback. It’s happened before, but the question is does John Edwards have a political future?"

Rodriguez later introduced the segment by citing Edwards’ recent comments about his political future in a Washington Post interview: "Newt Gingrich and Bill Clinton, just two of the high profile politicians who’ve survived the scandal of having an extramarital affair. Now John Edwards is speaking out for the first time, since his affair, about testing the waters for a possible political comeback. But is it too late? Is the damage done?"

In the report that followed, correspondent Nancy Cordes quoted Kenneth Vogel of Politico on the topic: "His cancer-stricken wife knew about the affair, asked him not to run for president. He did anyway. He kept it from his staffers. His political committees may have paid hush money. All of these things put together just make it that much more difficult for him to find a way to rehabilitate himself in the public eye." Cordes responded to that seeming political obituary by declaring: "Not so fast. Lots of politicians, after all, have had affairs and gone on to successful careers. Crisis management experts say Edwards may be testing the waters and could still have a political future."

Nancy Cordes, CBS On Monday’s CBS Evening News, correspondent Nancy Cordes reported on perjury allegations against Illinois Senator Roland Burris and calls for his resignation: "Burris admits he did much more than just talk to one person, in fact, he says he talked to four other people with close connections and took three phone calls from the ex-governor's brother about raising money. In the down and dirty world of Illinois politics, some Republicans are calling on him to resign."

In addition to bashing Illinois Republicans, Cordes’s report featured CBS legal analyst Andrew Cohen, who argued: "From a purely legal point of view, it is not a strong perjury case. All it does is suggest that Mr. Burris was a little bit more involved in all of this than he initially claimed to be."

In contrast, in January 2007, Cohen described perjury charges against Vice President Cheney’s former chief of Staff Scooter Libby this way: "The whole thing reminds me of an experience I had in law school. I was serving as a ‘baby’ public defender and one of my ‘clients’ was a man, already incarcerated, who was being brought up on new charges that he stole a car. "I didn't steal that car," he said to me. ‘Great,’ I said. ‘That's great. Can you tell me what did happen?’ ‘You don't understand,’ he said to me, "I'm a crack dealer. I don't do that petty car (stuff).’ That is darn close to what Libby and his lawyers are saying. He was an architect and implementer of (mostly failed) foreign policies, the defense goes, and thus did not have time, inclination or criminal state of mind to be guilty of the petty offense of perjury and obstruction of justice."

Stimulus Bill, CBS On Thursday’s CBS Evening News, anchor Katie Couric introduced a report on the Democrats’ so-called "stimulus" plan about to pass Congress: "And we'll tell you what's in it for you, including tax breaks...It's designed, in part, to get you spending again by giving you the money to do it." However, in July of 2001, when President Bush was trying to get tax cut legislation passed, then Evening News anchor Dan Rather warned: "...new worries that his big tax cuts, along with a shrinking budget surplus, are re-shaping the political and fiscal landscape of the country."

Following Couric, Correspondent Nancy Cordes touted the benefits of the tax cuts: "For restaurant owner Tom Glascow, and for most Americans, the new stimulus package serves up a variety of tax cuts...The biggest bit is a $400 credit for almost all workers. That comes out to about $13 a week, which may not sound like much, but consider this-" Glascow explained: "The bottom line is, is every little bit will help...Basically, what does my business good is people with disposable income that can spend a little extra on lunch on a daily basis."

Consistency on the CBS Evening News: Wednesday night Dean Reynolds concluded his piece on Barack Obama's campaign day by asserting “McCain's campaign tactics...have drawn criticism even from some Republicans” and next Chip Reid ended his story on John McCain's day on the trail by highlighting how “Gordon Smith of Oregon,” otherwise unidentified, “today became the fourth Republican to urge John McCain to stop those robo-calls to people's homes linking Barack Obama with William Ayers” -- all before a full report on how Sarah “Palin's carefully cultivated Joe Six Pack image is now bumping up against a six-figure wardrobe.”

Reynolds helpfully previewed some additional CBS News bias in advance as he reported “this afternoon, the Early Show's Harry Smith asked Obama about McCain's campaign tactics that have drawn criticism even from some Republicans,” and after a clip of Obama declaring he would never make unfair attacks on his opponents, Reynolds concluded: “Obama says he understands that politics is a rough business, but he insisted there is no equivalence between his campaign tactics and John McCain's.”

Anchor Katie Couric soon announced: “Sarah Palin may think the world of Joe the Plumber, too, but that doesn't mean she intends to dress like him. In fact, the Republican Party has spent $150,000 on Governor Palin's wardrobe, something that may not square with her image as a down-to-earth every woman.” The story from reporter Nancy Cordes ended with another media-generated controversy: 

The media love affair with Al Gore continues. Thursday night, after Gore delivered a speech calling for the end of “carbon-based fuels” within ten years, CBS anchor Katie Couric asserted that “as many as 10 million families could have their electricity shut off this year because they simply can't pay their bills,” but, she assured viewers, “Al Gore says there is a green answer.” Reporter Nancy Cordes then trumpeted: “The man who has cast himself as the country's environmental conscience issued an audacious dare to America's next President.” Cordes concluded with how “both Barack Obama and John McCain accepted Gore's challenge. As McCain put it, Katie, if the Vice President says it's doable, I believe it's doable.”

Introducing her interview with Gore, which she traveled to Washington, DC to conduct, Couric hailed: “Al Gore laid down a green gauntlet today.” And she couldn't resist reminding viewers that Gore's “environmental work earned him a Nobel prize” before she helpfully cued him up on energy policy: “It really is multi-tiered, isn't it? I mean, it's a national security issue, it's an environmental issue.” Couric soon moved on to pushing Gore about accepting the VP slot or at least “being, say, an environmental czar” in Obama's administration.

“Our Planet,” fill-in NBC anchor Ann Curry teased, "Al Gore's ambitious energy plan for America off fossil fuels within ten years. Is it possible?” Reporter Ann Thompson celebrated how Gore “threw down the gauntlet to the nation to dramatically change the way America generates electricity.” After reporting Gore's plan would cost $3 trillion, Thompson called Gore “undaunted” and concluded: “And he says the time to move is now.”

Just when you thought every possible gas price angle had been explored by the media, they found another fresh angle - gas prices are forcing cutbacks within the Louisville, Ky. municipal government, including swimming pools that little girls will be deprived of.

"When we arrived in Louisville [Ky.], we headed straight for the Breslin Park pool," CBS correspondent Nancy Cordes said on the May 15 "Evening News." "Half the city's public pools will be padlocked this summer leaving these little girls high and dry."

Cordes's "CBS Evening News" story was a part of its "Eye on the Road" series - an effort to show how people are affected by gas prices throughout the country. For the series two reporters have been driving across the country in opposite directions, one in a Toyota Prius and the other in a Ford Fusion.

In a lengthy seven-a-half minute Friday CBS Evening News profile story, “For the Record: Hillary Clinton,” reporter Nancy Cordes devoted a measly 15 seconds, a piddling three percent of the story, to scandals connected to Clinton's actions. But the night before, in a “For the Record: Barack Obama” profile, reporter Dean Reynolds allocated 42 percent of his piece to Obama scandals: Anti-Semite Louis Farrakhan's ties to him and his church as well as his connections to indicted developer Tony Rezko. Here's the totality of all viewers heard Friday night from Cordes about scandals blamed on Hillary Clinton during her life:
Hillary Clinton's role and relationships factored into nearly every scandal that rocked the Clinton White House. Whitewater, an investment deal gone bad with friends from Arkansas. Travelgate, where she allegedly participated in the firing of seven White House Travel Office employees.
Cordes then stressed her innocence as she led into a mention of Monica Lewinsky; “But multimillion-dollar investigations turned up either no wrongdoing on her part or not enough evidence to prosecute. And the only Clinton investigation that did stick had decidedly little to do with the First Lady." Cordes proceeded to segue into her Senate years: “She has called it the greatest adversity she ever faced. But instead of retreating from public life, she decided to run for office herself.”

On Thursday’s CBS "Early Show," co-host Harry Smith teased upcoming coverage of accusations of John McCain having an affair with lobbyist Vicki Iseman: "And Republican front-runner John McCain blasted on the front pages of The New York Times...not exactly the coverage you may be looking for if you're running for president." Later, Smith introduced the segment by exclaiming: "This bombshell report that Republican front-runner John McCain may have had a romantic relationship with a lobbyist who was a visitor to his office and traveled with him on a client's corporate jet."

In a following report by correspondent Nancy Cordes, the New York Times article was quoted:

According to The Times, the aides warned him "he was risking his campaign and career" because Iseman's firm had telecom clients with business before his Senate committee. They say quote, "McCain acknowledged behaving inappropriately and pledged to keep his distance from Iseman."

Friday's CBS Evening News managed to link former President George H.W. Bush to the plight of the trapped miners in Utah as correspondent Nancy Cordes used archive video to show how Bush, when Vice President back in 1984, toured an Illinois mine with many safety violations that's owned by the same man who owns the Utah mine. Anchor Katie Couric introduced a story on how the mines owned by Bob Murray of Murray Energy have “been cited over and over for safety violations.” Cordes undermined Couric's implication by relaying how the “Crandall Canyon Mine in Utah has a better-than-average safety rate.” But, she added, over 1984 video of Bush wearing a hard hat as he rode in an underground truck, “the same cannot be said of this Illinois mine owned by the same man, Robert Murray, and toured by then-Vice President Bush senior in 1984. This mine has racked up $1.4 million in proposed fines so far this year.” Cordes noted how new mine safety laws are being phased in, but fretted that “new legislation being considered in Congress that calls for even tougher safety standards has been attacked by the industry.”