Instead of staying on until his retirement in October, it was reported this morning that Florida A&M University President James Ammons' resignation will be effective immediately.

Republican and Democratic strategists tell NPR that most of the estimated $4 billion to be spent by the campaigns, political action committees and others on the 2012 presidential race will make no difference in the outcome.

Good morning.

Our early headlines:

-- New Week, Same Argument: Romney, Obama & Who's Being Dishonest.

-- Military Chief's Removal, Rise In Hemlines: Hopeful Signs In North Korea?

Less than a week after all the tea-reading over what, if anything, it means that Korean leader Kim Jong Un may have a love in his life, now there are these stories to ponder:

The bad news: Retail sales fell 0.5 percent in June from May, the Census Bureau says. It's the third straight month that sales have been down from the month before.

But, Census adds that June sales were 3.8 percent above the pace of June 2011. And, "sales for the April through June 2012 period were up 4.7 percent ... from the same period a year ago."

President Obama and his campaign are being "dishonest" when they attack his record as a business executive, Republican presidential candidate Mitt Romney said this morning on Fox & Friends as a new week on the presidential campaign trail began where the last one left off.

Transcript

STEVE INSKEEP, HOST:

On a Monday, it's MORNING EDITION from NPR News. I'm Steve Inskeep.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

President Obama will be in the swing state of Ohio again today. He'll be holding his first big town hall meeting of the campaign in Cincinnati. And the president will likely continue his campaign attack against Mitt Romney's record of what Democrats characterize as sending jobs overseas while he was the head of Bain Capital. Over the weekend, the president said he would not apologize for those attacks.

Transcript

RENEE MONTAGNE, HOST:

Good morning. I'm Renée Montagne. Former President George H. W. Bush says when he turns 90 he'll celebrate by skydiving. Thrill seeking at 90 is becoming a trend. Thelma Gratch spent her 90th, presumably with arms raised, hurtling down a 230-foot high roller coaster at 80 miles an hour. She's had a season pass to an amusement park outside Cincinnati since 1979 so chances are she's spent other birthdays screaming her head off. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.

The late Paul Conrad's 1991 work "Chain Reaction" is a mass of black chain link shaped into a mushroom cloud. It's in Santa Monica, Calif., where people either love or hate it. Now the end of the world has been delayed long enough for the statue to decay.