Finance everywhere needs to get back to the business of providing security for people's savings and mobilising resources for productive investment.
Mr. Clinton called for "security, simplicity, savings, choice, quality and responsibility" — the same broad themes Mr. Obama evoked Wednesday night.
He was in the forefront of the debates on school choice, term limits, private accounts for social security, medical savings accounts and numerous other issues.
The inadequacy of a basic "floor" in the pension system strengthens middle-class demand for generous pensions for themselves, and simply looking to more targeting will only fuel this further.What is needed is a middle ground in the form of a fair, affordable and sustainable minimum that provides security for all, while incentivising saving for a more generous pension.
Japanese investors, American brokers say, typically have two pots of money -- one for savings and one for securities, which they see as akin to gambling.
And US Treasury securities are nothing more than fancy names for savings accounts at the Fed.
By E. B. White The New Yorker, June 22 , 1929P. 11 When workmen were putting up the electric sign for the Security Savings people, they started from the right hand side and worked back.
As a result, they are in danger of having little if any decent amount of health insurance, Social Security, savings for retirement or other benefits that used to be a rite of passage for previous generations of Americans.
Cohn found accounts I had forgotten long ago: $503 at Apple Bank for Savings in an account held by a long-ago landlord as a security deposit; $7 in a dormant savings account at Chase Manhattan Bank; $1,000 in another Chase account.
