Thursday, October 27, 2011

What I've Learned (From Warren Buffet!)




Yesterday Uber Millionaire Warren Buffett said, "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 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 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. (That would be interesting wouldn't it?)

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. (Tell em Warren!)

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!!!!


5 comments:

James Perkins said...

Great Idea...I'm in!

Cheryl said...

This is all over Facebook today...Thanks for printing it!

Sunflower said...

Good for Mr. Buffett!

Sean said...

Great post..Get the ideas out there!

wiljello said...

been saying this over and over! encourage people to get involved the election process, watch some political shows ,understand the world we live in other than what we think we know!I'd rather take an ass whooping for speaking truth and trying to do something than dying knowing i could have made a small difference in this world.thanks Keith!




KEEPING THE FAITH: RANDOM PRAYERS "ON THE DOWNLOAD"
























































"Mommy, can I go to Timmy's blog and play?"



































Click on image to enlarge for reading






Click on image to enlarge for reading



Click on image to enlarge for reading