The only reason he approves of Lady Thatcher and Kay Bailey Hutchinson, IMO is that they are either his age or older than him. And the problem with Kay Bailey Hutchinson is that she doesn’t bring executive experience to the table, which Gov. Palin does.
Remember, a VP is supposed to balance a POTUS candidate, not be a near carbon copy (ala Romney or Olympia Snowe) or someone with a similar lack of executive experience(KBH).
Bush now talking via satellite, sounds like there's only several hundred people in the audience, quite a contrast to the 80,000 plus Obama screaming sycophants that we witnessed last week.