Monday, September 17, 2012


Mr. Warren Buffet – The quotes, below, are apparently commonly attributed to Mr. Buffet in one, or more, of his public interviews. I cannot vouch for the validity of the source, but, in general, this is what needs to be done to achieve a truly representative government. I have taken the liberty to revise and add his comments regarding “term limits”.

Mr. Buffet;
"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 get 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. 

Congressional Reform Act of 2012 

1.       No Tenure / No Pension.

2.       A Congressman/woman collects a salary while in office and receives no pay when

          they're out of office.  

3.       Congress (past, present & future) participates in Social Security and Medicare like the

          rest of us do.

4.       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.

5.       Congress can purchase their own retirement plan, just as all Americans do. 

6.       Congress will no longer vote themselves a pay raise. Congressional

          pay will rise by the lower of CPI or 3%.

7.       Congress loses their current health care system and participates in the same health care

          system as the American people. 

8.       Congress must equally abide by all laws they impose on the American people.

9.       All contracts with past and present Congressmen/women are void effective 12/1/12  

          [i.e., No Lobbying] The American people did not make any contracts with  

          Congressmen/women; Congress made all these contracts for themselves. Serving in

          Congress is an honor, not a career, and definitely not a stepping stone to further

          governmental and legislative manipulation.

10.    The Founding Fathers envisioned citizen legislators, so ours should serve their term(s),

          then go home and back to work. Term limits will be set by Law, as they are for

          Presidents, Governors, and the like. Senators will be restricted to four, six year terms;

          Representatives will be restricted to four, six year terms. The length of “term” for  

          Representatives will be amended to six years, in equality to Senator’s “terms”.[1]

[1]: Our Elected Officials in Washington, D.C spend entirely too much of their time “in Office” attempting to get re-elected. This is very costly in both monetary terms and time spent away form actually representing their constituency. *On the same note; the Presidential “term” should also be amended to six years, and be available for only two consecutive “terms”.

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