So I got this chain letter...

Jaric

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Apparently Warren Buffet knows how to fix things:


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 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 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. If not, delete.
You are one of my 20+ - Please keep it going, and thanks
 
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Jaric

Jaric

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So, I haven't really had the time to think about this, and I'm always leery of chain emails, but I have to admit, on the surface I think I like this.
 

Baron Samedi

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Even if he is half joking, I have to admit I like the idea of it being law that if congress doesn't do it's job, they don't get to keep their jobs.

So...you would be in favor of not funding troops in the Theater of War if that meant going into deficit?

Or cutting Defense Spending by 50% or so overall.

Or not sending SSi checks to the elderly for a few months?

Or not paying for their medication or medical treatment via medicare/medicaid?

Or raising every tax in the nation by 50-75% over what it is now?

Or all of the above?

Because that is what it would require if this amendment took effect tomorrow.

It is called "Austerity measures" nowadays.

I just want to be clear that we are talking about REAL cuts in spending, or MASSIVE tax increases.
 

Baron Samedi

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I got a chain letter asking if I wanted to be part of a harem for this rich sheik.

If he was all that rich, he wouldn't need to use chain letters to get his harem.

Sounds like a pretty lame sheik to me, as sheiks go.
 
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Jaric

Jaric

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So...you would be in favor of not funding troops in the Theater of War if that meant going into deficit?

Or cutting Defense Spending by 50% or so overall.

Or not sending SSi checks to the elderly for a few months?

Or not paying for their medication or medical treatment via medicare/medicaid?

Or raising every tax in the nation by 50-75% over what it is now?

Or all of the above?

Because that is what it would require if this amendment took effect tomorrow.

It is called "Austerity measures" nowadays.

I just want to be clear that we are talking about REAL cuts in spending, or MASSIVE tax increases.
What's the alternative?

The way I see it, that shits going to happen sooner or later if we keep on the current path.
 

Baron Samedi

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What's the alternative?

The way I see it, that shits going to happen sooner or later if we keep on the current path.

Sadly, correct.

I wouldn't write it this way, though.

I would state it something like, without a declaration of war, any deficit from one year must be paid for the following year, or the congress shall be dissolved and a new one elected.
This amendment shall be waived for the purpose of defending United States proper territory.

This would give SOME leverage to borrow for emergencies.

EDIT: Of course, if I could get what I REALLY would like to get is more like.

If the US Budget exceeds revenue in any given year, 1 in 10 congress persons shall be shot dead and the remainder shall forfeit any and all compensation or remuneration for the time the deficit remains.

Expired congress persons' seats shall be put up for election in the year following.

Pretty sure that would solve our deficit problem.
 
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Jaric

Jaric

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Sadly, correct.

I wouldn't write it this way, though.

I would state it something like, without a declaration of war, any deficit from one year must be paid for the following year, or the congress shall be dissolved and a new one elected.
This amendment shall be waived for the purpose of defending United States proper territory.

This would give SOME leverage to borrow for emergencies.

EDIT: Of course, if I could get what I REALLY would like to get is more like.

If the US Budget exceeds revenue in any given year, 1 in 10 congress persons shall be shot dead and the remainder shall forfeit any and all compensation or remuneration for the time the deficit remains.

Expired congress persons' seats shall be put up for election in the year following.

Pretty sure that would solve our deficit problem.
Heh, I like the way your mind works Baron.
 

tehrick67

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Slightly off topic, but I'm the guy who never fowards chain letters:coffee:
 

dchester

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Even if he is half joking, I have to admit I like the idea of it being law that if congress doesn't do it's job, they don't get to keep their jobs.

Good luck getting the Congress to pass it.
 
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