Bush Moves On To Treasury Secretary #3

New Frumpy Bald White Guy Replaces Old Frumpy Bald White Guy as Treasury Secretary.

John Snow, the soon to be former ex-Secretary (red tie)
was mercilessly dragged over to the White House to attend Bush's announcement that Henry Paulson (blue tie) has been nominated to succeed him.

This was at least the third or fourth time Snow had slipped his resignation letter under the White House door only to have it kicked back out to him each time with a note, "Thanks, but no thanks, please go back and keep the chair warm". Finally it stuck.

What's the deal on the new guy? Who knows, who cares. Goldman Sachs credentials or not, his task will be to sit down, help row the administration boat and shut up. What else is left to do? Plan sound fiscal policy for the country? Supervise port deals with companies from Dubai?

Its gotta be a pretty thankless job being Treasury Secretary when the country is running its largest deficit ever, the tax base is being hijacked by tax cuts programs for the upper 1% and corporation tax give-away's, the dollar can't compete with the yuan, and somehow every 6 months we need to throw another 30-40 billion into the pot for Iraq whose cost isn't calculated as part of the annual budget.

Good luck Henry, don't get too comfortable.