End the deficit!

Real Estate Agent with Keller Williams Realty CalBRE# 01308620
End the deficit! 
Please consider...
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 months8 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.

End the deficit! 
Congressional Reform Act of 2011:

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

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 1/1/12. The American people did not make this
 contract with Congressmen/women.
 Congressmen/women 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.


I found this to be a very compelling and innovative way to right the wrongs of the current imbalance of our congressional leaders and the citizens of the country they serve. If you agree, please do pass along. What are your thoughts? 

End the deficit! 

Comments (2)

Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA

...another way is to DRILL HERE and DRILL NOW...the day AFTER the November 2012 election announced that the US will subsidize the RETURN of oil rigs to sites off our shore and that EMPLOY US citizens as workers.

Oct 17, 2011 10:07 PM
Mike Carlier
Lakeville, MN
More opinions than you want to hear about.

It may be effective, but most of the 545 "professional voters" are well-off enough that they are not there for a paycheck.  They have bought an ego boost.  If removed, they will all just be replaced with others like them.  The system worked much better when there were thirteen states, significantly fewer people, and news traveled slowly. 

Oct 18, 2011 06:18 AM