We frequently dive into politics at Annuity Straight Talk with our customers but I’ve shied away from being too outspoken on the web for fear of offending. But I got a forwarded email today from a good friend that is just too sensible to pass up.
Now, I always appreciate the wisdom in Ronald Reagan’s “Trust but Verify” statement, and so I looked up the proposal that I’ll quote, below. While the email sent to me was titled “The Buffett Rule”, of course the Sage from Omaha did not pen this missive. There are a few other ‘stretched’ facts in here about Congressional salaries too, but overall, this isn’t a bad starting point for some sensible reforms that align the interests of the people and Congress. Here’s where I checked:
So with the appropriate dose of salt, enjoy what seems like a sensible proposal:
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
- 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 lower of CPI or 3%.
- Congress loses their current health care system and participates in the same health care system as the American people.
- Congress must equally abide by all laws they impose on the American people.
- All contracts with past and present Congressmen/women are void effective 12/1/15. 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.