Employed as: Other, non-employee, for N/A
Posted: 29 April 2012
Got this as a email...some food for thought!
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 three months and eight days to be ratified! Why? Simple! The
people demanded it. That was in 1971 - before computers, e-mail, cell
Of the 27 amendments to the Constitution, seven took one 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 2012
1. No tenure and no pension.
A Congressman/woman collects a salary while in office and they receive
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
4. Congress will no longer vote themselves a pay raise.
Congressional pay will rise by the lower of CPI or 3%.
5. Congress loses its 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
7. All contracts with past and present Congressmen/women are void
effective 12/1/12. The American people did not make this contract with
Congressmen and women. Congress 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.
Don't you think it's time?