Over a week ago I said that Treasury Secretary Paul O’Neill was on the way out. Well, it’s official. He resigned in order to return to the Yankees, and to end this horrible two-year Western curse. O.K., not really. But seriously, he did resign today and now the fun of speculation begins. I’ll take this chance to renew my appeal for Phil Gramm to take O’Neill’s spot, both because of Gramm’s fiscal soundness and his backbone for the national security aspects of the job. Another dark horse would be Chris Cox of California, the man who should be a judge on the dubious Ninth Circuit, if he didn’t hail from a state where both Senators would likely blue slip him.
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