that is followed by the head of the pension benefit guaranty corp. on repair -- on preparing for retirement. later, a discussion of the global economic outlook. >> this weekend marked the anniversary of the bloodiest battle to be fought during the civil war up to that point. the battle of shiloh with almost all 34,000 casualties. we will tour the battlefield with the cheap park ranger saturday at 6:00 p.m. eastern. sunday night at 7:00, the founder of the red cross, clara barton, operated the missing soldiers office until 1868. join us as we rediscover the third floor office as it is right -- as it is prepared for renovations. this weekend on american history tv on c-span3. >> mitt romney spoke to the american society of newsmakers today. mr. romney says the president's remarks were full of distortions. >> good afternoon, everybody. welcome to this very special naa luncheon today. before we get started, i would like to give special thanks to fti consulting, a global business with specialized services in the newspaper and publishing sectors. their pra

the pension benefit guaranty corp. insures private pension plans. the head of the agency spoke today at the national press club in washington about how americans should plan for retirement. this is 40 minutes. >> good morning. i served on the newsmaker committee here at the national press club. on behalf of the committee and the officers of the national press club, i want to thank all of you for coming out today. i also want to thank the reporters who are joining us on the phone as well as the audience joining us live this morning on c-span. our speaker this morning, josh gotbaum, will speak for tenor 15 minutes, and after that we will take questions. the press club invited him today because we live in airtime of retirement insecurity. for many, the golden years are not so golden. 10,000 people will retire every day for nearly the next two decades, but what kind of then, will they have in their retirement years? many baby boomers are without traditional pension plans. an economic downturn and a drop in housing prices has wiped out assets. those luck