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.
"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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