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/Senate are ineligible
for re-election.
pass a law that says that anytime there is a deficit of more
than 3% of GDP, all sitting members of Congress/Senate 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!
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.
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.
or less to become the law of the land - all because of public pressure.
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.
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.
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%.
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 we, the people.
6. Congress must equally abide by all laws they impose on the
American people.
American people.
7. All contracts with past and present Congress men/women are void
effective 12/1/12. (Alan note: not sure about this one as do not like retroactive punitive laws. Would be more comfortable with 12/1/13 as a start date. Would we the people accept retro-activity for annulling our contracts with each other? If not this should not fly).
effective 12/1/12. (Alan note: not sure about this one as do not like retroactive punitive laws. Would be more comfortable with 12/1/13 as a start date. Would we the people accept retro-activity for annulling our contracts with each other? If not this should not fly).
Serving in Congress/Senate 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.
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.
only take three days for most people (in the U.S. ) to receive the message.
THIS IS HOW YOU FIX CONGRESS & SENATE
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