Warren Buffett’s Congressional Reform Act of 2012

I got this as an email asking to share it, and although I usually don’t even read these, something about the fact that Warren Buffet said it, made me press on. After reading the entire thing I thought hey lets Blog this and see what happens. Yeah it doesn’t have anything to do with SEO, Web Design, or Internet Marketing but it is a really powerful idea, and if everyone got together and demanded it become law, we could turn this deficit right around.  I guarantee Millions wouldn’t be spent running for Senate anymore….

-Tom

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 any time 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 and 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.

 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.

 

Written by

Tom Strubinger was raised in the Mid-West and has lived in South Florida since 1995. He got his first exposure to computer maintenance and programming in 1988, and has been the friend and neighbor everyone relied for computer help, ever since. In 2001 after 911 tragedy, he went back to school and started doing IT Support professionally. In 2004 SoFla Networking was incorporated as a LLC and has been thriving ever since. SoFla Networking now offers Complete IT Solutions including Web Design, SEO, and Social Media Marketing.

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