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Hank-y Panky

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(We've been dying to use that headline forever.**) CNBC and the WSJ are reporting that, as previously speculated, Hank Paulson will be John Snow's successor as Treasury Secretary. Bush is expected to announce the appointment in half an hour or so. We predict that this time next year the entire Treasury Department will be stuffing themselves into Ozocars and the Bush administration will be pointing to said Ozocars as evidence of the administration's seriousness about energy conservation and overcoming oil dependency.
** Since 5 minutes ago.
Bush Favors Paulson as Treasury Secretary [WSJ]