Bush Taps Paulson for Treasury Secretary

Uh-OH... how do you brag about the economy now?? There goes one more and pronbably the best talking point the Dictator had... wonder what he is going to try to lie about now??

http://www.washingtonpost.com/wp-dyn...053000365.html

Bush Taps Paulson for Treasury Secretary

By TERENCE HUNT
The Associated Press
Tuesday, May 30, 2006; 10:45 AM

WASHINGTON -- Treasury Secretary John Snow resigned Tuesday and President Bush nominated Goldman Sachs chief executive officer Henry M. Paulson Jr. as his replacement _ another chapter in the shake-up to revive Bush's troubled presidency.

"He has a lifetime of business experience. He has intimate knowledge of financial markets and an ability to explain economic issues in clear terms," Bush said of Paulson in a Rose Garden announcement.

White House officials believed that a Wall Street executive with Paulson's talents could better make the case for the administration's economic program.