Sherrod Brown

Today I am calling on China to fully comply with all of its World Trade Organization commitments and fully and faithfully implement all of the WTO rulings against it.

I am calling on China to fully comply with WTO commitments and fully and faithfully implement all of the WTO rulings against it.

The moral hazard that it engenders. Moral hazard is the cost we pay for living in a civilized society.

The way to get the change is not by doing it piecemeal on each part of their compensation, because they will find ways to circumvent it.

I think some of you saw an article recently, I think a front-page piece in the New York Times in the last couple of weeks, about the conflicts of interest so often from academicians who speak with authority.

The way to get it is make them bear the cost of the errors.

I often said my vote in 2008 for the TARP, for the Trouble Asset Relief Program, was both the best vote of my career and the worst vote of my career.

The too-big-to-fail subsidies, it is subsidizing that which we do not want. So we know it is perverse.

The too-big-to-fail subsidy, it is something we do not want. Yet, it is there.

The competitive situation gets worse.

Today they are more than 60--six-zero--percent of GDP.

Five years later, according to the firm SNL Financial, the four largest banks control more than 40 percent of the banking industry.

The problem with the too-big-too-fail subsidy, it happened by happenstance. It was never voted on.

Governments bail out bigger banks.

Few in the Senate know retirement security issues as Ben Cardin does.

Well, do not do it between 62 and 65 or 63 and 66, because it has gone up.

I appreciated Senator Casey's comments, Mr. Romasco, about your personal story.

I do not know whether it will or whether it will not, but that certainly affects the environment of how we think about Social Security or the government's liabilities in the long term.

Much of the shortfall that we are looking at in Social Security is because of the upward redistribution of wage income.

Excuse me for interrupting, but let me ask you another question about that, Mr. Biggs.

Both the Social Security and Medicare programs face substantial financing shortfalls that require legislative corrections.

Retirement security in America, as we know from reading the histories of FDR and other stories from the New Deal on, has virtually always been thought of as a 3-legged stool: Social Security, employer-provided pensions, and personal…

I think you could make a very big difference in the income of a lot of retirees today or new retirees, raising those benefits at a relatively low cost.

Low-income people need a better Social Security program, but higher-income folks really do need to save more on their own.

Rather than asking how we should scale back the program, we should be asking ourselves how we can strengthen it.