Among John Fund's interesting points: "...the governor's plan piles on a new mandate that bars insurers from turning down anyone based on health status or age. When New Jersey instituted a similar rule in 1993, premiums jumped 500%."
After assessing Schwarzenegger's changing political philosophies and broken pledge against tax increases, Fund writes: "Arnold Schwarzenegger used to claim he admired Ronald Reagan most 'because he stuck by his principles when others wouldn't.' But with his Rube Goldberg health plan Mr. Schwarzenegger has demonstrated that at his core he prefers roles more suited to Tricky Dick than the Gipper. Should he succeed, the long-term dream of nationalized health care held by Ted Kennedy, and Hillary Clinton, will be closer to reality than ever."