I am a registered Republican, and I fully support the regulation of Wall Street. After the bankruptcy of such companies as Enron, WorldCom, Washington Mutual, Lehman Brothers, etc., the financial market went on with business as usual. No one seemed to question the ethics of the heads of these companies and whether or not they were running the companies effectively. It continued, and soon the banking industry followed suit. Can we with stand another round of unchecked financial responsibilities? I say no. If the financial industry cannot police themselves then the government needs to step in and do it for them.

America cannot afford another bailout now nor in the future. Putting us back on our feet has already been so costly and we are still struggling to recover. Each day, it seems that Wall Street is still looking for business as usual while the rest of America continues to struggle and suffer because of their bottom line. If we are to survive this crisis, we cannot go on with business as usual because we now know that business as usual is broken. Now, we need to press forward with better business practices and make it our business to ensure that banks and other companies that want to compete worldwide are doing their level best to compete honestly and fairly.

Free market and free enterprise got a reprieve this time, but next time it could mean the death of both. We need reform that forces credit card and mortgage companies to play by the rules. No more hidden fees or pages of fine print. Reform that ensures families who are hoping to buy a home or pay for college are put on a level playing field with lenders. Reform that ensures we will get the information we need presented clearly and concisely so we can make good financial decisions. The same goes for small businesses and community banks that play fair and deserve to see their businesses grow.

I fully support government reform of Wall Street even though it seems we are going backwards in time to a time when the government had to regulate everything. We asked for those reins to be taken off so that we could grow on the world's economic stage, and now because of greed, unethical practices and the reckless behavior of the banking industry, we have come full circle. I stand with the Obama administration in saying that enough is enough, and I for one will probably never trust and unregulated Wall Street again.

Robert Jefferson, Felton, Del.