This makes perfect sense to me
I really don't care if Warren said this or not, but I LIKE IT:
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
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 reader to re-post this; 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 2011--or 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
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 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
7. All contracts with past and present Congressmen/women are void
effective 1/1/12. 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.
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?
THIS IS HOW YOU FIX CONGRESS!
Don't forget to vote for Hillery
Replacing Air Force One with a broomstick would mean tens of millions of dollars in savings for the taxpayers!
I like it.
I passed it on.
Those who dance, appear insane to those who do not hear the music.
Those who believe, appear ignorant to those who do not know God.
"I could have ended the war in a month. I could have made North Vietnam look like a mud puddle."
"I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them. It is not to inaugurate new programs, but to cancel old ones that do violence to the Constitution."
If buffet would criticize The Senate, (which I think is the most worthless and arrogant body out there especially dicky lugar) he would have a point. But he won't 'cause of the damocrats
Originally Posted by jmac00