At the time of the banking disaster late last year it was not difficult to discern that the Obama administration took a hand in Bank of America's seemingly untimely acquisition of Merrill Lynch.  B of A, after all, was on the precipice of financial ruin.  What sense would it make for that bank to suddenly take over similarly beleaguered Merrill Lynch?

The deal had the smell of rotten eggs right from the beginning.

Clearly the government forced the merger.  Now, I'm not going to say that Obama's cabinet is the most un-American since the days of James Buchanan (three quarters of his cabinet ended up serving in the Confederate government after secession), but this Bank of America coersion is just one occurrence on a growing list of things most of us never thought we'd see out of an 'American' administration.

Here's the link from the Washington Times:

http://www.washingtontimes.com/news/2009/oct/21/feds-threatened-to-oust-bofa-execs-over-merrill-de/