Matt Peterson at The American Thinker blog thinks we're all fucked:

In November 2008, Americans elected a socialist as their president. In March 2010, they woke up stunned to find themselves living in a socialist country.

Health insurers -- once private companies -- are now organs of the federal government. Every citizen is a ward of the state, which can now compel you to have insurance, punish you if you don't; determine if your insurance is acceptable, punish you if it isn't. Thousands of new federal bureaucrats will soon spill from the D.C. Beltway and flood the country, scrutinizing our finances to verify compliance with this new law.

A government that grants itself this kind of power over us can conceivably do anything to us. For our own good, of course. Such a country is in no meaningful sense "free."

And this is only the beginning. Liberals are salivating in contemplation of all the fanciful window trimmings that can in the future be hung from this legislative framework. Public option will soon appear as prelude to single payer, as was the intent all along. Soon, Americans won't even have the illusion of a choice -- the government will move from subsidizer to provider, and it will be the only game in town.

I pray Matt is wrong, but I fear he is probably not.