Obama Prepares to Impose Price Controls

“Thin-skinned, vain, prone to seeing conspiracies — Barack Obama now broadens his Richard Nixon impersonation with the imposition of price controls. Obamacare is the gift that keeps on giving — giving us higher real taxes, a bigger deficit, a bloated federal state, and now, if past is prologue, significantly lower quality and less innovation in the field of health care. As some of the smarter critics predicted, Obamacare, butt-ugly as it was in legislative form, is turning into a real beast in the hands of the executive-branch geniuses charged with implementing it and dreaming up the new regulations to make that possible.”