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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNot sure if this has been posted before but it could Make America Great
The BUFFETT RuleLet's see if these idiots understand what people pressure is all about.
Salary of retired US Presidents .. . . . .. . . . . .. . $180,000 FOR LIFE.
Salary of House/Senate members .. . . . .. . . . $174,000 FOR LIFE. This is stupid
Salary of Speaker of the House .. . . . .. . . . . $223,500 FOR LIFE. This is really stupid
Salary of Majority / Minority Leaders . . .. . . . . $193,400 FOR LIFE. Stupid
Average Salary of a teacher . . .. . . . .. . . . . .. .$40,065
Average Salary of a deployed Soldier . . .. . . .. $38,000
Heres where the cuts should be made!
Warren Buffett, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling:
"I could end the deficit in five 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 three months and eight 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 Buffett 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 2017
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 3/1/17. 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 go 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. It's time!
THIS IS HOW YOU FIX CONGRESS!
If you agree, pass it on.
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Not sure if this has been posted before but it could Make America Great (Original Post)
randr
Jan 2017
OP
Blanks
(4,835 posts)1. All of my right-wing friends circulate this on Facebook periodically...
It's silly feel good republican nonsense.
randr
(12,412 posts)2. The right wing hates Warren Buffett as much as George Soros
I have read this and, imho, it is a very good list of reforms that maybe all Americans could agree upon.
His explanation of previous legislation that enjoyed massive popular support is sound.
pinboy3niner
(53,339 posts)3. Totally bogus spam, it's been circulated since 2009
See this and multiple Snopes reports calling it false.
Warren Buffett and the Mythical 'Congressional Reform Act'
http://www.usnews.com/opinion/blogs/susan-milligan/2012/03/13/warren-buffett-and-the-mythical-congressional-reform-act
This OP should be deleted.
otohara
(24,135 posts)4. This!!!
Was just about to post the same thing.
randr
(12,412 posts)5. Thanks for the corrections------Too good to be true
Just saw this for first time and really do think many ideas are good re: congress but do defer to the evidence of fakery.
Thank you all and I will send the info back to the sources that sent it to me.