Congressional Reform Act of 2011
 

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.


WARREN FOR PRESIDENT IN 2012! He would have my vote.

I haven't looked but would check snopes on that one it has the look of a typical mass email pyramid
Posted from my iPhone/Mobile device

The above mentioned is not a Warren Buffett original, has been around for a few years and regardless of what title anyone wants to give it will not happen.

Couldn't care less who wrote it, it would, along with an equal public $ fund only
for candidates, solve 90% of the problems with our politicians.

The founders never meant to have politicians as we know them serve,
but servants who were honored to serve the people.

Its not the fact who wrote it thats the problem....its the fact that its filled with wrong facts thats the problem.

There is plenty of wrong in our system that needs fixing, but propagating innacuracies for people to waste there time trying to correct isn't helping anything.

Dad, what are the wrong facts?

For starters congress does pay into and participates in Social Security...

"Under a law enacted in 1983, all members of Congress both contribute to and receive benefits from the Social Security system. Upon retirement, members receive either a combination of federal pension and Social Security benefits or Social Security alone, depending upon when their term of service started and how they configured their individual plan.

Members elected after 1983 pay into the Federal Employees Retirement System. Members elected before 1983 participate in the older Civil Service Retirement Program. In both cases, members of Congress contribute to the plans at a slightly higher rate than ordinary federal employees."

They also don't have there own "Special" Health Care ....they are using the same system all federal employees use.

"Members of Congress have good health insurance by any standard, but it’s not free and not reserved only for them – and it’s not government insurance. House and Senate members are allowed to purchase private health insurance offered through the Federal Employees Health Benefits Program, which covers more than 8 million other federal employees, retirees and their families."

They also don't Vote themselves a raise....they get a set COLA raise every year and the past 3 years they voted NOT to accept it.

House votes down automatic pay raise - TheHill.com

Good info Dad, thanks.

Good to see they went with out a raise for the last 3 years
just as the social security participants did.

Still stand by my original post.