The Social Security trust fund is in pretty good shape today and we should not embark upon risky, dangerous schemes which will, in fact, undermine Social Security, such as privatization.— Max Baucus
Irresistibly Trust Funds quotations
Nobody has ever denied that when it comes to his trade - gigolo - John Forbes Kerry is one of the all-time greats. He's in the Gigolo Hall of Fame. See, a really good gigolo might snag one heiress in a lifetime with a nine-figure trust fund. Kerry has married two. When it comes to gigolos, he's Steve Jobs.
It's time to stop the raid on the Social Security trust fund and start allowing Americans to invest their Social Security taxes in personal savings accounts.
Funds are low again, hallelujah! That means God trusts us and is willing to leave His reputation in our hands.
We need laws written by people who have confronted life in the real world, not in the sheltered world of trust fund recipients of the insulated cocoon of academia.
Where I'm from we don't trust paper. Wealth is what's here on the premises. If I open a cupboard and see, say, thirty cans of tomato sauce and a five-pound bag of rice, I get a little thrill of well-being - much more so than if I take a look at the quarterly dividend report from my mutual fund.
I'm not a trust-fund type.
When we were young, there weren't very many smart people in the investment world. You should have seen the people in the bank trust departments. Now, there are armies of smart people at private investment funds, etc . If there were a crisis now, there would be a lot more people with a lot of money ready to take advantage.
Don't expect anyone else to support you.
Maybe you'll have a trust fund. Maybe you'll have a wealthy spouse. But you never know when either of them might run out.
Will some reporter, or some Republican on the Sunday shows, please ask why tax cuts raid the non-existent Social Security Trust Fund but all the Democrats' new spending doesn't? Will someone please ask that?
We need, in effect, to make the phantom 'lock-boxes' around the trust fund real.
My parents put everything in a trust fund for me.
I won't get it until I'm 18, so I'll use it for college.
As you give to fund God's needs, are you forced to trust Him to provide for yours? That's what a growing faith is about. And over the long haul, it's not enough just to commit to a percentage. Growth means reviewing your giving goals and occasionally increasing the percentage you give.
Playing in an independent rock band will eventually make you equal parts truck driver, gladiator and mule. Glamour is for those with trust funds.
Affected hundreds of thousands of ordinary Canadians who have invested in mutual funds that invest in income trusts.
My parents are very successful, and I went to the nicest private school in the Seattle area. I was lucky. But I never had any trust funds of any kind, though my dad did pay my tuition at Harvard, which was quite expensive.
Our nation's Social Security Trust Fund is depleting at an alarming rate, and failure to implement immediate reforms endangers the ability of Americans to plan for their retirement with the options and certainty they deserve.
My kids don't have a trust fund, they have a debt fund.
And when I die, they're $4 million in the hole.
I am one of 40 grandchildren. What bothers me about the whole trust-fund thing is that it sort of presumes that everything is handed to you. And if there is one thing about my family that I do identify with, it is that everyone is extremely hardworking.
What bothers me about the whole trust-fund thing is that it sort of presumes that everything is handed to you. And if there is one thing about my family that I do identify with, it is that everyone is extremely hardworking.
While it is clear that we need to make some adjustments to protect Social Security for the long term, it is disingenuous to say that the trust fund is facing a crisis.
The decision is 'trust fund' versus 'no more Medicaid' - and that shouldn't be a tough decision.
I don't think I can answer questions about the trust fund.
How can a bureaucrat or a politician be trusted if he says loud words for the sake of Russia's good while trying to take his funds, his money abroad?
There's obviously nothing wrong with selling your art - only an idiot with a trust fund would tell you otherwise. But it's confusing to know how far you should take it.
The fund scandals shined the spotlight on the fact that mutual fund managers were putting their interests ahead of the fund shareholders who trusted them, which had much more substantial consequences in the form of excessive fees and the promotion - as the market moved into the stratosphere - of technology funds and new economy funds which were soon to collapse.
I believe that the behavior of too many of our corporations investment bankers and fund managers has jeopardized some of the trust that investors have had. It's not the economic engine that we need to focus on, but the need to make sure that our investors receive their fair share of the returns that that great economic system produces.
The rise in health care costs since Obamacare, the Affordable Care Act was passed, have been at their lowest rate in 50 years. Those savings have extended the Medicare trust fund by 11 years. So we've got a baseline of facts.So it is true theoretically that all that progress can be undone, and suddenly 20 million people or more don't have health insurance.
The revolution cannot be funded. It's not the imagination of trusts and foundations that's going to bring real change.
If you're a wealthy heir with a trust fund, and you sell stocks, make your 10% gains since Donald Trump, and then you buy other stocks, you can avoid paying taxes. And if your accountant registers your wealth offshore in a Panamanian fund, like Russian kleptocrats do - and as more and more Americans do - you don't have to pay any tax at all, because it's not American income, it's foreign income in an enclave without an income tax.
My kids don't have a trust fund, they have a debt fund. Oh my God, they're $4 million in the hole.
The main thrust of the Social Security reform was to get the benefit structure in line with the realities of the Trust Funds.
I am on record as saying that we need to put more money into the Social Security Trust Fund. That's part of my commitment to raise taxes on the wealthy.
I still think have this deep desire for our Himalayan Trust - that we raise the necessary funds, that we do all the things that the Sherpas want us to do, and I would like to see us working together with them on these projects. Even though I'm old and decrepit I still have this strong feeling that I would like to carry these things out if it were still possible.
Before the New York Times starts running "Portraits in Grief" of former Enron employees, it's worth remembering that even after the collapse, Enron stock is still worth more than the entire Social Security "trust fund."