Kent Conrad: “We need to do this job cheaper, given the state of the budget.”

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

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.

I would say personally I would not go to a company advising me on wealth management that did not have it because I think whoever is advising me ought to have as their highest responsibility to be giving me advice that is in my interest.