Friday, August 8: Last Gasp?

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Two U.S. soldiers were reported killed Wednesday night in another Baghdad (search) firefight -- the first American combat deaths since late Friday. Guerrilla attacks have now killed 55 U.S. soldiers since May 1, when President Bush declared an end to major combat.

Now, a new report claims Saddam loyalists have put a $5,000 bounty on every American in Iraq. Is this a sign of desperation, or a new terror tactic that could turn the tide against us? We’ll ask retired U.S. Army Lt. Col. Bob Maginnis, FNC military analyst, and Anas Shallal, founder of Iraqi Americans for Peaceful Alternatives.

He’s thrown his hat into the race for California (search) governor. But will Arnold Schwarzenegger’s message connect with voters? We’ll be live as Schwarzenegger kicks of the 11th annual Inner City Games.

Plus, Arnold's big announcement is giving the late night talk shows plenty of material as FNC entertainment guru Bill McCuddy found out.

When you fly, your life is in their hands. Should there be "zero alcohol tolerance” for commercial pilots? We’ll get a fair and balanced debate from Stephen Skoller, defense attorney; Mary Schiavo, former inspector general of the U.S. Department of Transportation, and Jim Burnett, former chairman of the National Transportation Safety Board.

And, as many jail cells fill to the brink, many judges are turning to alternative sentencing for convicts. In Santa Fe, New Mexico, one judge is allowing young, violent offenders the option of taking classes in Tai Chi. But is this proper punishment for convicted criminals? FOX News senior judicial analyst Judge Andrew Napolitano weighs in.

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