Obama's Policies and the Loss of Personal Freedom

According to the June 22 New York Times, "President Obama warned insurance executives on Tuesday not to use the law 'as an opportunity to enact unjustifiable rate increases'". So the President reserves the right to declare insurance price rises unjustifiable and use the weight of the U.S. government to prohibit them. By such steps we see the replacement of capitalism by socialism. And as Milton Freedman recognized in "Capitalism and Freedom," the effect goes beyond how the economy is organized. Personal freedom is the ultimate threat. And do not think that Obama's effort to control insurance prices is a special case. If he succeeds in carrying it off, the lesson will not be lost on him.