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  • littlestew58 littlestew58 Oct 17, 2011 5:11 PM Flag

    Please READ & Respond

    Subject: FW: Warren Buffett on debt ceiling

    Very interesting. What do you think of this proposal?

    Some truth in this. Please READ and seriously consider:

    Warren Buffett on debt ceiling

    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 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.

    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.

    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

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