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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 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
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 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.
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
Wow one of the few things I agree with Warren Buffet on. It makes sense but how do we propose to fix the Judicial Branch. The Supreme Court has been a factor in aiding and abetting a lot of our problems too. Obamacare proves that our Supreme Court is out of control.
But Warren is not a REALIST, he lives a life of luxury. SCOTUS is one of the problems of the modern era. As SCOTUS should ensure that our Constitution reigns supreme over every law not able to expand or circumvent its meaning. JOHN ROBERTS betrayed the nation with his Obama Care vote. As we knew from the pulse of the nation it would not pass through the SCOTUS
Randy, I don't like Buffet much myself. However, in this article he has a very valid point. His idea or not. This is what Congress and every other government official should have to do.
The politicians have created them selves a pretty good deal to be in government. They have voted their own raises, they have created their own pension plans. They are not unlike the folks receiving government entitlements except they think they are working for the money.
I would suggest adding one more provision.
Any Congressman/woman OR POTUS with or without the approval of Congress, who declares war, be required to spend the minimum of 3 months at the front of said war.
Maybe, just maybe, there would be some long hard thinking before declaring any war.
Rand Paul considering run in 2016!!!
Go Rand go!!!
SOME HISTORY AND LOOKING AHEAD
We all know that 3 out of ten support the establishment, Unfortunately the TEA Party with all its power and energy, had too many candidates. In 2016 we need one and only one TEA PARTY Candidate against the ESTABLISHMENT Candidate, not 5 wooing us, it split the vote almost by design.
These next 4 years we have to pick him or her have them ready and financed for the r
un at the ESTABLISHMENT Rinos. We all knew Romney was ordained by the ESTABLISHMENT. RINOs are generally progressive. We need one strong conservative CANDIDATE for 2016. as well as Senators to challenge the RINOs in The Senate, We have to be READY
We have to be prepared to challenge the ESTABLISHMENT head to head, one on one, bare knuckles, one walks out, fight to the finish, This is about the heart and soul of the Republican Party.
Rand Paul has TEA PARTY qualities and Libertarian values and has ingratiated himself to the ELITE by Endorsing ROMNEY
Sarah Palin still rates as a rogue with the elite and has true conservatism and both are absolute constitutionalists.
AN ALASKAN AND A SOUTHERNER
The Republican Railroad (RR Romney Ryan) didn't work maybe some PP will
Your support keeps freedom alive!