I
recently received an excellent idea for the fiscal problems in our nation. The idea was attributed to Warren Buffett, and
the article was written by John Paul Crum.
I believe the idea is excellent no matter who originated it. Here is the article by Crum.
“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 and 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 around.
“Congressional Reform Act of [2013]
1.
No Tenure/No Pension. A Congressman/woman collects a salary while
in office and receives no pay when they are out of office.
2.
Congress (past, present, and 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/women are void effective [12/1/13].
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
think it is time?”
I think it is time that We The
People took matters into our own hands and forced this idea or a very similar
one into law. Our representatives enter
Congress as ordinary people and manage to become millionaires or billionaires
in just a few years. They go to
Washington with promises to serve us and soon become corrupted – if they were
not already corrupt. They will not vote
any controls on themselves into law.
This is one way we can “take back our country” – by weeding out the
politicians who are in government for the money and the perks.
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