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Rank: Advanced Member
Joined: 8/1/2011 Posts: 82
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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 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 message 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. Maybe it is time they are treated like each of us. ??? THIS IS HOW YOU FIX CONGRESS
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Rank: Advanced Member
Joined: 7/1/2008 Posts: 757
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gentlegiant wrote: 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 message 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. Maybe it is time they are treated like each of us. ??? THIS IS HOW YOU FIX CONGRESS
We put them in we need to take them out! We all need to pull our money out of the offending banks. They should have never been bailed out. 450,000 went to CU's recently most of which left the banks that threatened the 5 buck a month for use of debit cards, etc. The people are acting. Can you imagine the hurt that caused the greedy banks that said they would do that in January?
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Rank: Advanced Member
Joined: 6/26/2010 Posts: 82
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GG - California (California???) has a nifty little twist. If the legislature doesn't pass a budget by the deadline, the legislators' paychecks stop coming until they fix it.
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Rank: Advanced Member
Joined: 7/1/2008 Posts: 757
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On the other side of the coin, CA will be teaching the gay life style in public schools next year. Christianity must stay out but the kids must learn of the gay life, pshaw. BOOH HISS ON CA!!!
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Rank: Advanced Member
Joined: 6/26/2010 Posts: 82
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Exactly so. That is so typical of the CA legislature. The voters there have a lot more sense than the legislators or the courts, but they keep electing the same damn fools anyway, so why should the legislators care what the voters think? And how smart could those voters be to keep electing the same damn fools? The land of fruits and nuts, indeed.
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Rank: Advanced Member
Joined: 7/1/2008 Posts: 757
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pgculater wrote:Exactly so. That is so typical of the CA legislature. The voters there have a lot more sense than the legislators or the courts, but they keep electing the same damn fools anyway, so why should the legislators care what the voters think? And how smart could those voters be to keep electing the same damn fools? The land of fruits and nuts, indeed. "The land of fruits and nuts, indeed." LOL!
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