Democrats have always historically referred to our families as working families, and I have sort of changed that moniker. I think what we have is a nation of worried families - families that are concerned about job security, families who thought their pensions were secure and now have questions.
In 2008, when the real estate market blew up, it principally hurt older people who saw the value of their houses go down, along with their pension plans.
One night a friend lent me a book of short stories by Franz Kafka. I went back to the pension where I was staying and began to read The Metamorphosis. The first line almost knocked me off the bed. I was so surprised. The first line reads, “As Gregor Samsa awoke that morning from uneasy dreams, he found himself transformed in his bed into a gigantic insect. . . .” When I read the line I thought to myself that I didn’t know anyone was allowed to write things like that. If I had known, I would have started writing a long time ago. So I immediately started writing short stories.
The whole concept of dividing it up into 'value' and 'growth' strikes me as twaddle. It's convenient for a bunch of pension fund consultants to get fees prattling about and a way for one advisor to distinguish himself from another. But, to me, all intelligent investing is value investing.
Faced with such insecurity, labor unions seek a solution in demands for higher wages, shorter hours, pensions, and such things. But this approach takes monopolistic capitalism for granted, and accepts the unnatural division between property and responsibility as permanent. A much more radical solution is apt to come, and this may take either of two forms.
For the author there is nothing but his pen, till that and life are worn to the stump: and then, with good fortune, perhaps on his death-bed he receives a pension and equals, it may be, for a few months, the income of a retired butler!
I took a hasty trip to Germany, Sweden, Denmark, the Netherlands, and England to talk to the officials of each Government about their pension provisions, and to talk to the responsible ministers in each country about the political "whys" of their legislation.
You start a project as a young person and then at the end you are another person. You are ready to go for your pension.
Live long enough and you'll come into pensions, a lovely thing. Presents every month from people you didn't know cared.
When I had a few francs, I spent them at a café on the Place de Longchamps, a block or so from my pension, where I could order a glass of Beaujolais and a plate of string beans in vinaigrette for the equivalent of fifteen cents.
Aside from the poor example it sets, the federal government enables reckless spending on public-employee pensions by offering hope of assistance from Washington if things get bad enough.
To stabilize the nations public-employee pension systems and to prevent federal taxpayers from being billed for failed pension funds, I have introduced the Public Employee Pension Transparency Act in Congress.
Consumer groups fought hard to provide investor protections for special entities such as pension funds, schools, and municipalities who purchase swaps. No comparable protection exists in the futures market.
At some point in your life you have to engage with the fact that you are part of a society. Yeah the individual is the most important facet in society but unless every individual is the recipient of free health care, free education decent affordable housing and a proper pension then only the rich and powerful will be individuals and the rest of us will be exploited by them.
What are the characteristics of today's world so that one may recognize it by them?" It pays pensions and borrows money: credit and monuments.
My father died when I was two years old. But my mother was quite capable. She raised three children with his war pension which was peanuts. Yet we did not want for anything. We grew up with a certain parsimony, which is a nice thing. Then if life gives you more good, otherwise you get used to. I'm still thrifty.
When you look at the things people are really fed up with, like the collapse of the pension system, like the failure to get money to the frontline of the health service, Gordon Brown is more responsible for that than any other politician including Tony Blair
In some cases, managers and employees have secured pensions beyond their original base salary. It is wrong, the people doing it know it's wrong, and we have to put an end to it.
The do-it-yourself version of pensions is a flop, as many Americans have painfully learned.
To the extent that people overpay as a result of the Libor manipulation, they should be able to get their money back. Individuals who have mortgages, pension funds who had pensioner investments - whoever was ripped off is entitled to get their money back.
You're mugging old ladies every bit as much if you pinch their pension fund
My dad was very worried that I wasn't saving and didn't have a pension. I've never invested well.
So virtuous are the programs said to be - pensions for the elderly, compensation for the unemployed, medicine for the sick, and assistance for the disabled - few dare ring the alarm of looming economic catastrophe that threatens to destabilize the civil society.
Death is an endless retirement with a pension of nothingness.
If I'd proposed solving the pension problem by compulsory euthanasia for every fifth pensioner I'd have got less trouble for it.
Follow AzQuotes on Facebook, Twitter and Google+. Every day we present the best quotes! Improve yourself, find your inspiration, share with friends
or simply: