Fixing The Deficit

[lvanrs2]

Someone shared a link on my Facebook about Warren Buffet stating he could fix the deficit in 5 minutes.  Thought I would share.

Warren Buffett, "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!!!!!