Sellers in general maintain the quality of their products and services for fear of losing customers otherwise. But, when price controls create a situation where the amount demanded is greater than the amount supplied - a shortage - fear of losing customers is no longer as strong an incentive. For example, landlords typically reduce painting and repairs when there is rent control, because there is no need to fear vacancies when there are more tenants looking for apartments than there are apartments available.

Ronald Reagan had a vision of America. Barac k Obama has a vision of Barack Obama.

The great escape of our times is escape from personal responsibility for the consequences of one's own behavior.

If you can't beat them or join them, then do something weird. No matter how much the passengers eat, the weight of the plane stays the same. Do you sometimes feel that you are necessary but not sufficient?

In the political language of today, people who want to keep what they have earned are said to be greedy, while those who wish to take their earnings from them and give it to others (who will vote for them in return) show compassion.

People who decry the fact that businesses are in business "just to make money" seldom understand the implications of what they are saying. You make money by doing what other people want, not what you want.

The America that has flourished for more than two centuries is being quietly but steadily dismantled by the Obama administration.