Warren Buffett recently said, "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 problem with
"passing such a law" is that there is no chance it would ever be approved by
both houses of Congress, and therefore could not become law.
I'm not sure where the proposal for the Congressional Reform Act of 2012 originated, but it
says:
Congressional Reform Act of
2012
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.
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.
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%.
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 12/1/12. 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.
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 12/1/12. 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.
Again there us no chance that Congress would submit such
a bill to the President for his signature to make it law. To do so would
require that the majority of Representatives and Senators be masochists, which
they are not (a masochist (plural masochists) is someone who enjoys pain, or who
derives pleasure from harming oneself or being harmed by others ...
).
However, the situation is not impossible to
correct.
The first Amendment to the Constitution allows the people to
to petition the Government for a redress (to set right; remedy or rectify) of
grievances.
It would be an almost impossible task to establish a sufficiently
large petition with signatures to Institute the Congressional Reform Act of
2012 in one fell swoop. However, it is not impossible, if broken down to
separate petitions for local and state individual Representatives and Senators.
The message to each Representative and Senator would be the same: "Vote for the
Congressional Reform Act of 2012, or we, the undersigned, will vote you out of
office in the next election.
With the breakdown to individual petitions, this would still
be a massive undertaking. It will require leadership, organization and money.
The last three contenders for the Republican nomination (Ron Paul, Gingrich, and
Santorum) could qualify. Ron Paul is a bit old, but his son, Rand could replace
him. Ron Paul has also shown an extraordinary ability to develop an effective
political organization.These people are now lame ducks, and with success on this
project, they could have a good chance at the Presidency. Washington won the
Revolutionary War and became President. Eisenhower did the same with World
War II.
While financing the working team will be a major
consideration, I believe funds are available through cooperation with the
Tea Party and many individuals, starting with Warren
Buffett.
Pushing the Congressional Reform Act of 2012 on the Internet is
great, but it also needs practical application for accomplishment. Perhaps some
will be able to pick up on the few suggestions I have made
here.
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