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Salary arbitration is probably in place - was put in place then and probably is in place now - because I supported it.

Mandatory arbitration clauses I think, more often than not, work to the detriment of working people.

I can imagine no society which does not embody some method of arbitration.

When will mankind be convinced and agree to settle their difficulties by arbitration?

Compulsory arbitration is a practical instrument of pacification and, as such, it can and should be enacted by the Hague Conference.

Do I believe in arbitration? I do. But not in arbitration between the lion and the lamb, in which the lamb is in the morning found inside the lion.

A pension is nothing more than deferred compensation.

At all events, arbitration is more rational, just, and humane than the resort to the sword.

Over the next decade, cities and states across America will be compelled to tighten their belts as the really big bills - the pension bills they cannot afford - come due. They'll have to go after existing contracts with current workers.

But I will say, I think there are some Democrats that don't want to address pension reform. I have taken on the issue of seniority and tenure. I think we have to address entitlements and the president has done that in his budget. I think we have to extend Medicare and the president has done that. But also reinvest in that program.