[BITList] the buffett reform plan

[x50type at cox.net]

Subject: the buffett reform plan

                                        This was directed to the USA – would/could something similar be applicable in your part of the world and your representatives?
                                ct

        Would our senators and congress persons dare to even think about this – put the USA first and put their personal aggrandizement, greed and partisanship aside then vote themselves out of the the best job they ever had.......................................??

        [I didn’t see the recent interview and it is not clear whether or not warren buffett has asked for the email to be passed on {unlikely}, however it is worth considering the suggested reform in the hope that the fast approaching Great Depression II can be avoided.]
        ct 

                      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 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!!!!! If you agree with the above, pass it on. If
                      not, just delete. 


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