The BUFFETT Rules - for our American friends only

[LONDONER]

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. Stupid

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

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

Here’s where the cuts should be made!

Warren Buffett, 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 Buffett 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 2017

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 3/1/17. 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. It's time!

THIS IS HOW YOU FIX CONGRESS!

If you agree, pass it on.

[SilverBullet]

"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".

I think he is on to something

[LONDONER]

"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".

I think he is on to something

So I hope you're passing it on [MENTION=19807]SilverBullet[/MENTION].

[InbetweenDreams]

Chance of passing a law that does that... 0%

[InbetweenDreams]

[MENTION=18457]LONDONER[/MENTION] I thought you were going to offer to take us to Golden Corral



I'm disappointed...

[LONDONER]

[MENTION=18457]LONDONER[/MENTION] I thought you were going to offer to take us to Golden Corral



I'm disappointed...

Maybe I shoud ahev included his first name to avoid any confusion.

[Chase]

I say we tax the living snot out of the rich.

[InbetweenDreams]

I say we tax the living snot out of the rich.

I like the idea of the flat tax... 10% is 10%... If you make $30,000 you owe $3,000, if you make $300,000 you owe $30,000. If you make nothing you owe nothing.

I think someone who say starts a new business, is very successful because they had a good idea or invented a new product and makes a lot of money shouldn't necessarily be punished for being successful. Now these arses to trade stock all day and make a pile of money, run a bank, etc. Ought to be taxed. Banks are evil, period.

How can you call it a bank when I put my money in an account and when I want it I get charged a service fee because I don't have $5,000 in savings? Or because my employer pays me by a check instead of a direct deposit? Oh but my savings account earns interest... I might have got $0.20 in the last 3-4 years... it's a joke.

Banks impose a steep tax on poor people. I mean $35 for NSF? I mean I get that a bank has to make a certain amount of money to operate but I would honestly be better off not having an account but I have to have one if I am going to want things like a car..