Regulation is needed

Regarding the article "Regulation Questions Divide the White House," Dec. 31: The notion of being "against" governmental regulation sounds hollow and foolish after years of the disastrous effects of careless and relaxed regulation on issues like S&L's, airlines, and housing.

It is obvious that a primary responsibility of government should be fair and impartial refereeing and umpiring. Tom Doherty, Cedar, Mich.

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