Think Progress has the video.

Bush is a liar. The proof is in the video.

Treasury Secretary John Snow resigned his post this morning and will be replaced by Goldman Sachs Chairman and CEO Henry M. Paulson Jr.

From the Associated Press:

Treasury Secretary John Snow has resigned and will be replaced by Goldman Sachs Chairman Henry M. Paulson Jr., a senior administration official said Tuesday, in another chapter of a White House shake-up to revive President Bush’s troubled presidency.

Bush was to announce the changes in a White House ceremony later Tuesday.

Snow, the former head of railroad giant CSX Corp. who has a Ph.D. in economics, has been Treasury secretary since February 2003. His departure has been rumored for more than a year.

Paulson has been chairman of Goldman Sachs for about eight years. It is considered one of the premier financial firms on Wall Street and has sent a number of its top executives to high positions in Washington.

The Bush Administration: hubris, cronyism, and incompetence.

The shady details of the UAE port deal continue to come out as the AP reported that one of the UAE sheiks donated at least $1 million to the Bush Library Foundation.

A sheik from the United Arab Emirates contributed at least $1 million to the Bush Library Foundation, which established the George Bush Presidential Library at Texas A&M University in College Station.

…

The donations were made in the early 1990s for the library, which houses the papers of former President George Bush, the current president’s father.

The list of donors names Sheik Zayed Bin Sultan al Nahyan and the people of the United Arab Emirates as one donor in the $1 million or more category.

…

Other Arab donors include the state of Kuwait, the Bandar bin Sultan family, the Sultanate of Oman, King Hassan II of Morocco and the amir of Qatar. The former Korean prime minister and China also gave tens of thousands of dollars to the library.

Has there ever been any actual effort to protect America from this administration or is it solely about fear and corporate profits? After all, the Treasury Secretary yesterday said that economics are apparently more important than national security.