The Warren Buffet Rule

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Warren Buffett

Warren Buffett

The Warren Buffet Rule

THIS IS HOW YOU FIX CONGRESS!

Warren Buffet is asking everyone to forward this to a minimum of twenty people.
Ask each of those to do likewise.

In three days, most people in The United States of America will have the message.

Warren Buffett

Warren Buffett

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

 

Warren Buffet, 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 one (1) year or less to become the law of the land – all because of public pressure.

 

Congressional Reform Act of 2014

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 12/31/14. 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.

 

$17 Trilion national debt and increasing by $2.4 Billion per day, Actual un-imployment rate (national) 12.7% , Highest number of people on food stamps in the history of the country, Weakest recovery since WW II, The administration treats our friends like enemies and our enemies as friends, The polices of the current administration have resulted in America’s Total loss of respect in the world.

Aside from that…. Have a great day!

BE ALERT ON 9/11 /2014!


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