Had the measure been imposed, he said, "very considerable damage would have been done to the principle of deposit insurance".

BBC: George Osborne criticises handling of Cyprus bailout

The second principle of effective reform is to have insurance choices so varied and responsive to individual needs that you could fire your insurance company if you wanted to.

CNN: McCain's October 11, 2007, speech on health care

Extending low-deductible insurance (a central principle of all the health reform bills) will lead to higher premiums, especially without portability to promote competition.

FORBES: Commentary

In our health care bill, one of the most important components was the idea, the basic principle that nobody should have to go without health insurance because of a preexisting condition. (Applause.) Nobody should have to go after -- go without health insurance without -- because of a preexisting condition.

WHITEHOUSE: President Obama Holds a Town Hall in New Hampshire

Translation: Since ObamaCare abandons every actuarial principle known to insurance, it must impose lots of government controls in the hope of making the albatross work.

FORBES: The Constitutional Issue in ObamaCare Isn't Cost, but Control

And breaching that principle just seems to be obviating the whole point of having deposit insurance in the first place.

FORBES: The Cyprus Bank Bailout Could Be A Disastrous Precedent: They're Reneging On Government Deposit Insurance