Kent Conrad: “And Senator Coburn after that. We are trying to put colleagues on notice. That is basically the speaking order. At this…”

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.

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

Things are changing very rapidly, and it presents us with a requirement to change how we envision retirement as well.

It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.