Kent Conrad: “I believe the President is taking us down a road that is fraught with real danger for the country. The President asked…”

I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.

You know, we met with a Congressman on the Ways and Means Committee this morning, and we were on a subject related to this. You really see it with our elderly people who do not have options or options are closing in on them.

If we are going to provide tax incentives for people to have retirement savings, then it should not be used as a piggy bank to pay for other things.

I would just say our Retirement Security Plans and our Retirement Security Clearinghouses are responding to the underlying dynamic that Professor Mead has done such a good job in describing.