[SEL] Fw: Fw: Warren Buffett on debt ceiling

[Richard Fink Sr]

----- Original Message ----- 
From: gwn1947 at verizon.net 
To: Undisclosed recipients: 
Sent: Wednesday, October 12, 2011 7:47 AM
Subject: Fwd: Fw: Warren Buffett on debt ceiling




From: Gordon Noel 

Date: Oct 11, 2011 6:04:47 PM

Subject: Fw: Warren Buffett on debt ceiling

To: Gary Noel <gwn1947 at verizon.net>

 



Subject: Warren Buffett on debt ceiling








                Subject:  Warren Buffett on debt ceiling






                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 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 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 2011*_

                1. No Tenure / No Pension.
                A Congressman collects a salary while in office and receives no
                 pay when they are 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 are void
                effective 1/1/12. The American people did not make this
                contract with Congressmen.  Congressmen 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.

                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. Maybe it is time.

                THIS IS HOW YOU FIX CONGRESS!!!!!

                If you agree with the above, pass it on. If not, just delete.
                You are one of my 20+.... Please keep it going.