Thursday, October 20, 2011

E-mails my dad sends me: Warren Buffet's solution to fix Congress!

Please read the message below carefully, and forward it to at least twenty people. Maybe WE can force some change in Washington.

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.


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