Sign in to follow this  
Followers 0
Bass Ackwards

Warren Buffett on How To End The Deficit

Rate this topic

2 posts in this topic

Posted (edited) · Report post

"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 (Gross Domestic
Product), 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 (Consumer Price Index) 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!!!!!

 

 

Sounds good to me even if it's 6 years old.

Edited by Bass Ackwards

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to register here in order to participate.

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0

  • Recently Browsing   0 members

    No registered users viewing this page.