Thursday, April 22, 2010

Coming soon(?): federal price controls on health insurance. The real howler was this quote towards the end.
Water and power are essential for life,” Mrs. Feinstein said. “So they are heavily regulated, and rate increases must be approved. Health insurance is also vital for life. It too should be strictly regulated so that people can afford this basic need.”
What else is essential for life? Clothing, food, shelter... Are these regulated strictly enough? Is the public being protected from evil price increases at the grocery store?

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