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 I am very
pleased to be here. This Summit comes at a time when recent events have
brought the issue of retirement savings to the attention of everyone.
The issue
before us goes to the very heart of our economic system. Americans go to
work every day with the expectation that they will have the benefit of the
dollars they earn and set aside for retirement.
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Our whole
system is based on trust-especially when it comes to retirement savings.
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Your next
speaker is someone I've talked to at some length about this. We share the
conviction that trust is the foundation of our economic system...a system that
is still the envy of the world.
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And in our system, it is absolutely vital that
Americans have trust and confidence in their retirement savings. Our
social contract depends on it. You cannot earn confidence with
accounting tricks or gimmicks. We need to earn that confidence with
honest discussion and sound policies.
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There is no better person to address this National Summit
on Retirement Savings than the man whose wise judgment and leadership at the
Federal Reserve have earned him the trust of men and women all over the
world.
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When you think about confidence, honest discussion and
sound policies...When you think about trust...this man embodies all those
qualities.
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Ladies and gentlemen, the Chairman of the Federal Reserve
Board, Dr. Alan Greenspan.
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