Kent Conrad: “You know, there are really three places where there are dramatic changes here.”

If you had to reduce it to a word, I would reduce it to 'globalization.'

The consequence of failure has to be made clear.

if we are going to make this whole system solvent, it is going to take everybody to give a little bit.

The surviving spouse provisions are especially important with regard to offsetting some of the unfairness that exists elsewhere.