I’m not big on hearsay and rumor, but this is too hard to ignore. Comedy Central, not known for being the pillar of journalistic thoroughness or their ability to break stories first, apparently called Rummy’s resignation before anyone else after getting an anonymous tip. Well now it’s phase 2: out with Cheney, in with Condi.

The CC Insider/InDecider has just heard more rumors (see earlier posts) from a SECOND reliable source that Dick Cheney will be stepping down as Vice President and will be replaced as Vice President by Condoleezza Rice. And now we’re hearing that she would like to be on the ticket as the GOP VP candidate in ‘08.

According to our rumor-meister, John Negroponte will be filling Condi’s current position as Secretary of State. Negroponte is currently the Director of National Intelligence (the first person ever to hold the few-years-old position) and the former US Ambassador to Iraq.

It could be true, it could be false, but if true it would be something incredible. Cheney is somewhat of a liability to the president. His approval numbers are dismally low and his constant attack style of dealing with questions can’t be helping the administration’s image. Throw in the leak scandal that’s growing by the hour and there’s not much of a good reason to keep him around.

Keep an eye on this one, folks.