I agree that Phil Gramm has done good for the Republic, and while he has earned the right to return to reading good books and to make the sort of money he deserves, I like many are having trouble watching Phil step off the public stage. I therefore have a modest proposal: Gramm for Treasury Secretary. It is well-known beltway gossip that O’Neill’s days are numbered. We therefore need a replacement who is going to be respected on fiscal matters. But we also need someone who will bring in the bona fides on homeland security. While there will inevitably be some power-shifts to the newly-established Department of Homeland Security, the Treasury Department currently has a leading role in the war on terror--namely, seizing the assets of terrorist organizations. Phil Gramm has the finance background and foreign policy experience from his years in the Senate to tackle this difficult task. So while I wish Phil a prosperous retirement from the Senate, the country may yet need him--now more than ever.
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