Kent Conrad: “I think you have it about right with respect to the revenue side of the equation. I think you are headed in the right…”

I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.

All the talk in the world doesn't matter if you don't actually get something done in the real world.

This Retirement Security Plan structure that we have suggested I think would go a long way toward dealing with these issues.

It lifts the bottom. It asks those of us at the top to take a little less of an increase than we might have expected.