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It was allegedly offered to him before: http://www.mercurynews.com/ci_10769458?nclick_check=1

Of course, he was CEO of Google then. Now, not so much. I can see him wondering if a career in politics would work. I'm sure he's got enough cash not to care about the finical hit.

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I might agree with you if the position actually had any credibility anymore. However...being a government organization with only $8 million in funding, Schmidt would barely be able to keep the lights on.

more recent speculation has Schmidt being named Commerce Secretary.

If I were Eric Schmidt, my plans would involve enjoying my many billions of dollars and private 767 and occasionally dropping into a Google board meeting to say "Good job Larry, keep it up".

They would so not involve moving to dreary old Washington DC to take up a thankless bureaucratic job in an administration that is as likely as not to be over in eighteen months.

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