how to fix the debt and congress...By Warren Buffet
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how to fix the debt and congress...By Warren Buffet

This is a discussion on how to fix the debt and congress...By Warren Buffet within the Politics forums, part of the Main Category category; Warren Buffet is asking everyone to forward this email to a minimum of twenty people on their address list; in ...

  1. #1
    Join Date
    Aug 2009
    Location
    Western New York
    Posts
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    Default how to fix the debt and congress...By Warren Buffet

    Warren Buffet is asking everyone 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 U.S. will have the message.
    This is one idea that really should be passed around.

    We're ALL in this mess together ... it's up to us to fix it ... for our
    kids!

    Read and pass on to 20 of your friends...

    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 any time 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 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.
    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/women are void effective
    12/1/12.
    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 you think it's time?
    THIS IS HOW YOU FIX CONGRESS!
    If you agree, pass it on.

    We're ALL in this mess together ... it's up to us to fix it

  2. #2
    Join Date
    Mar 2009
    Location
    Plano, TX
    Posts
    23

    Default

    This is typical email chain idiot fodder.

    Buffet did make a similar statement in July 2011 in an interview. However, he certainly doesn't need to encourage mass emailing to get his point across.

    Check http://www.snopes.com/politics/quotes/buffett.asphttp://www.snopes.com/politics/quotes/buffett.asp


    There are 10 different types of people in the world; those that understand binary and those that don't.

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