I can’t put my finger on it.
But, I know something does not feel right about Bank of America’s acquisition of Merrill Lynch.
The numbers don’t make sense to me. This isn’t Bank of America’s CEO Kennth Lewis’s style. He has the mind of a business analyst with too much street smarts.
I smell Treasury Secretary Henry Paulson and his manipulative shenanigans at work – and, forcing something unnatural.
Mind you, most Wall Street dealings are manipulated to benefit hand-picked influencers. But, in this case, I think the influencers are public servants that are supposed to be protecting the spirit behind the Constitution as an umbrella for the People. Thomas Jefferson may well be spinning in his grave so hard that the earth may come off it’s axis. Certainly Ayn Rand will be making like Mona Lisa.
On top of this uneasy feeling over this acquuisition, I can’t sort out why Paulson and his cronies need or want it to happen.
But, obviously, this will be a matter of historical record and I suspect we will all be shaking our collectives heads over this in the next twelve months or less. Especially when the Democratic-oriented not so free press gets wind in it’s sails.
Peace be to my Brothers and Sisters.
Brian Patrick Cork