I received this email today & haven’t researched any of the facts within. Gotta admit though, it contains several novel ideas & I wanted to pass it on. I think it would be interesting if our elected officials had to live within the same system we do. I would love to hear your opinion!!
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 one (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
Congressional Reform Act of 2012
1.No Tenure / No Pension. A Congressman/woman collects a salary while in
office and receives no pay when they’re 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 in to 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
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
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/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.