Another rat flees the sinking ship -- Treasury Secretary John Snow resigns
According to the AP, Treasury Secretary John Snow will resign and be replaced by Goldman Sachs chairman Henry Paulson. The story offers nothing in the way of explanation, but I think we all know the reason behind it — the recent hiring of Tony Snow as press secretary. Having two Snows in the White House would have been way too confusing for the president. I mean, does this honestly look like the kind of guy who has his act together:
President Bush, alleged moron
Seriously, though, this seems like another obvious attempt to shake things up in the Bush administration — to put new lipstick on a bloated pig. First chief of staff Andrew Card, then CIA Director Porter Goss, then Press Secretary Scott McClellan and now the Secretary of the Treasury.
The basic problem with this, though, is that America doesn't give a damn about any of these people. Bush's low poll numbers are because of Bush himself and his asinine policies, both foreign and domestic, not because of some inability to articulate how great those policies are.
John Snow, alleged former Treasury Secretary
I'm curious what Snow will have to say afterward, but it probably won't be too exciting. After Bush's first Treasury Secretary, Paul O'Neill, resigned and then wrote a book in which he stated, among other things, that Bush intended to invade Iraq from the first day of his presidency, we can be sure that Bush made damn certain to get a loyal guy in there to replace O'Neill.
As for Paulson, he's Bush's sort of guy. What Bush might refer to as "his base." After all, dude's worth half a freaking billion dollars.
Henry Paulson, millionaire five hundred times over and alleged new Secretary of the Treasury