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Voice of the people

Oct. 29, 2013 @ 12:00 AM

Regulations serve a vital purpose

A recurring theme from politicians, repeated by many Americans, is that we have too many regulations governmentally, especially by the federal government.

Having been a part of a very regulated work environment, in a hospital, regulations often are a chore to follow carefully and document properly. To do so takes time and attention, which means money to the administration. If these regulations were not precise and did not cover every step of procedures that affect persons' health and healing, could we trust all persons in that workplace to be as attentive to correct procedures and the various equipment those persons work with five eight-hour days each week for the 30 years or more they may work in that setting? The person with the greatest integrity known would have an "off" day, slacking in the carefulness necessary.

The same is true in our financial sector. About five years ago our country experienced a crushing recession, much of which was brought on by creative and manipulative minds in the financial markets. This was after a long string of regulations being loosened due to pressure from special interests -- many of those regulations put in place after the depression of the 1930s to keep our investments from being too risky. If we lived in a perfect world where everyone worked for the good of all the people, this would have been great. But guess what. Greed, what's in it for me, I deserve a bigger slice of the American pie, all seems to get in the way. So aren't most regulations developed in order to stop or at least slow down unethical behaviors or carelessness? How can we have confidence in anything in our material world if there are not regulations to somewhat guarantee the integrity of whatever product we are using?

Ruth Thayer




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