Much of what is below comes my way from a former student. Apparently, this information is floating out there on the electronic by-ways; however thought it important enough to place on my blog. My former student understands the sentiments expressed below resonate with me and hopefully with the American people. I’ve made some slight changes to reflect my own areas of concern; especially the minimum wage and health care.
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 twenty-sixth amendment (granting the right to vote for 18 year-olds) took only three months and eight days to be ratified! Why? Simple! The people demanded it. That was in 1971 — before computers, email, cell phones, etc. Of the twenty-seven amendments to the Constitution, seven took one year or less to become the law of the land — all because of public pressure.
Next turn your attention to a proposal for a new piece of legislation called the Congressional Reform Act of 2012: The major canons would be as follows:
- No Tenure/No Pension: A Congressman/woman collects a salary while in office and receives no pay when they’re out of office.
- 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.
- Congress can purchase their own retirement plan, just as all Americans do.
- Congress will no longer vote themselves a pay raise: Congressional pay will rise by the same increase as the minimum wage.
- Congress loses their current health care system and participates in the same health care system as the American people. No need for 2000 + pages of new legislation; simply give the American people what members of Congress have!
- Congress must equally abide by all laws they impose on the American people. All contracts with past and present Congressmen/women are void effective 12/31/12: The American people did not make the above contracts 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.
THIS IS ONE WAY TO FIX CONGRESS!