Warren Buffett, in a recent
interview with CNBC, offers one of the best
quotes about the debt ceiling:
"I could end the deficit
in 5 minutes," he told CNBC.
"You just pass a law
that says that anytime there
is a deficit of more than 3%
of GDP, all sitting members
of Congress are ineligible
for re-election. The 26th
amendment (granting the right
to vote for 18 year-olds) took
only 3 months
& 8 days to be ratified! Why?
Simple! The people demanded it.
That was in
1971...before computers, e-mail,
cell phones, etc. Of
the 27 amendments to
the Constitution, seven (7) took
1 year or less to become the law of the
land...all because of public pressure.
Warren Buffet is asking each addressee
to forward this email to a minimum of
twenty people on their address list;
in turn ask each of those to do
likewise. In three days, most people
in The United States of America will
have the message. This is one idea
that really should be passed around.
*Congressional Reform Act of 2011*
1. No Tenure / No Pension.
A Congressman collects a salary while in office
and receives no pay when they are out of office.
2. Congress (past, present & future) participates
in Social Security. All funds in the Congressional
retirement fund move to the Social Security
system immediately. All future funds flow into
the Social Security system, and Congress participates
with the American people. It may not be used for
any other purpose.
3. Congress can purchase their own retirement plan,
just as all Americans do.
4. Congress will no longer vote themselves a pay raise.
Congressional pay will rise by the lower of CPI or 3%.
5. Congress loses their current health care system and
participates in the same health care system as the American people.
6. Congress must equally abide by all laws they
impose on the American people.
7. All contracts with past and present Congressmen
are void effective 1/1/12. The American people did
not make this contract with Congressmen. Congressmen
made all these contracts for themselves.
Serving in Congress is an honor, not a career.
The Founding Fathers envisioned citizen legislators,
so ours should serve their term(s), then go home and back to work.
If each person contacts a minimum of twenty people
then it will only take three days for most people
(in the U.S.) to receive the message.
Maybe it is time.
THIS IS HOW YOU FIX CONGRESS!!!!!
If you agree with the above, pass it on.
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