This phrase refers to the practice of choosing a vice-presidential candidate who will attract voters in areas where the presidential candidate is weak. For example a Southerner might balance a Northerner or conservative might balance a liberal.
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US presidential elections are held in November of years divisible by 4. The next one will be in 2012. (There are also primary elections held at different times in different states before the actual election, for the purpose of choosing nominees )
This is the practice of choosing a running mate based on specific ideology, geography, race, gender, or other characteristics in order to strengthen one's own chance of being elected.Chapter 13, from my High school Senior American Government book
All presidential dollars have the dates, mintmark and motto on the edge of the coins.
They can't but, if the president could fire the vice president, this could mean that the person who is the vice president was not the person citizens voted for in the presidential elections. First, that could cause anger amongst people who would feel cheated/betrayed. Secondly, the president could carefully select who they wanted to be vice president so that the vice president agrees with everything the president says, giving more power to the president (turning the vice president into a 'puppet leader').