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FYI. Interesting tidbit of information and what appears to be a pretty good idea for a Constitutional amendment, not that I'm any fan of Buffett. It's hard to believe that a one term Senator/Representative gets this for life, let alone the other scumbags that keep hanging around. Can't say how I really feel as I don't want to be arrested.

I REPORT, YOU DECIDE.

The BUFFETT Rule

We must support this - pass it on and let's see if these idiots understand what people pressure is all about.

Salary of retired US Presidents .. . . . .. . . . . .. . $180,000 FOR LIFE

Salary of House/Senate members .. . . . .. . . . $174,000 FOR LIFE This is stupid

Salary of Speaker of the House .. . . . .. . . . . $223,500 FOR LIFE This is really stupid

Salary of Majority/Minority Leaders . . .. . . . .. $193,400 FOR LIFE Ditto last line

Average Salary of a teacher . . .. .. . . .. . . . . .. .. $40,065

Average Salary of a deployed Soldier . .. .. . . .. $38,000

I think we found where the cuts should be made! If you agree pass it on, as I just did.

Warren Buffet, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling:

"I could end the deficit in five 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 three months and eight 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 2015

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 12/1/15. 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 go 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.
 

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They'll just fudge the GDP numbers, just like they're currently fudging the growth & unemployment figures.

Personally I think the quickest and easiest first step would be repeal of the 17th amendment mandating the popular election of Senators. Do you think we'd have any of the current 10 amendment encroachment if they were directly accountable to their State Legislatures? MSG
 

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Mr. Buffett may have erred on the lifetime salaries for various politicians. They are covered by FERS unless they have been around since before 1983 or 1984 (probably not an endangered species) in which case they fall under CSRS which is a much "nicer" system. President is @ 200/yr for life plus numerous bennies.

But yeah.... getting wealthy in "public service" is not good for the country. Go home, get a job, and live under the yoke of the crap you pass.
 

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speaking of low pay

Marion County Florida is one of the lowest paid counties for fire Fighter and EMT wages in the state of Florida at about 10$ an hour. The brave men and women are leaving at a rate of 2 to 3 a week and the county will hire about one every 2 weeks rate. I would rather protest for the people the put there lives on the line for 15$ rather than the McDonalds peeps that demand 15$ an hour. Sorry just going off on a tangent. I agree with you I makes me sick to my stomach that I make 40K$ average and the dumb asses in the state get paid out $$$$$
 

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Whenever I see a chain-mail letter I immediately think "SCAM."

In this case, the chain-mail letter seems to derive from a comment made during an early morning July 7, 2011, (not very recently) CNBC interview conducted by Becky Quick. Business magnate Warren Buffett waded in with his opinion on the matter of the budget ceiling. He said "I could end the deficit in 5 minutes, 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". His remark may have been more in the nature of a wry commentary on the workings of Congress than a serious proposal for tackling the budget deficit.

The rest of this e-mail has nothing to do with Warren Buffett. What is presented as the "Congressional Reform Act of 2011" actually began circulating on the Internet in October 2009 as the "Congressional Reform Act of 2009."

I doubt Warren Buffett ever started a chain-mail letter!


Carry On!
Gary
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I also doubt any connection to Buffett. Like the "Charlton Hestons basement" photos that get circulated.
 

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anytime you get a forward e-mail, like the one above, it turns out to be 100 percent BS.

but people are stupid and believe anything if it fits in their political, social or economic view
 
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