Home page
SPONSOR AD SPONSOR AD

Topic: Warren Buffett has the Answer

in Forum: Off Topic


Warren Buffett has the Answer

Posted: 10/16/11 2:27pm Message 1 of 1
Profile Pic
Lifetime MemberLifetime Member
Send PM
Joined: 7/2/2006
Posts: 8205

AT THE RISK OF BEING REPETITIOUS, HERE IS ANOTHER SOLUTION TO THE FISCAL SITUATION WE ALL OUR FACING!

 

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 c
omputers, e-mail, cell phones, etc.
 
 Of the 27 amendments to the Constitution, seven (7) took 1 year or less to bec
om
e 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 A merica will have the message. This is one idea that really should be passed around.
 
 _*Congressional Reform A ct 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.
 
  A ll funds in the Congressional retirement fund move to the Social Security system immediately. A ll future funds flow into the Social Security system, and Congress participates with the A merican people. It may not be used for any other purpose.
 
 3. Congress can purchase their own retirement plan, just as all A mericans 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 A merican people.
 
 6. Congress must equally abide by all laws they impose on the A merican people.
 
 7. A ll contracts with past and present Congressmen are void effective 1/1/12. The A merican 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 h
om
e 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!!!!!
 
 If you agree with the above, pass it on. If not, just delete. You are one of my 20+.. Please keep it going.

 

 




corvette440hp

in Forum: Off Topic


SPONSOR AD: (Our Sponsors help support C3VR)