iggy1001
51355
6993
821
Share this widely
Warren Buffett, "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 everybody to share this and ask their friends to do likewise.
*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 1/1/2017. 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......
Danowar1990
Oh look, it's THIS thing again.
cunningallusionment
The problem isn't the deficit, the problem is how you reduce it. Most of the federal budget is non-discretionary spending 1/
sanitypotion
http://www.snopes.com/politics/quotes/buffett.asp
qualcosa
2011, guess it takes longer to push a bill nowadays.
morrissimo
While we're wishing: I want a pony and $5M USD and a Tesla Model S and ...and...
strengthandhonourff
I have seven (7) problems with this
InsolventTacos
Most politicians are in it for the power, not the money.
hawkesnightmare
That can also be fixed by instating maximum term limits.
chidochido
Item 6: imagine binding up congress with additional private legal battles while expected to fight legislative legal battles. No good.
Eviltower
Yeah, missing a big vote because of a speeding ticket would suck
chidochido
Imagine the world of frivolous law suits designed to gum up the already slow process, I can see it now.
Farrit
Well, I would have shared it until you threw in the picture of Hillary Duff.
blais
is that hillary duff
JeSuisIvre
I think so
delpharseven
The deficit = people getting fired is a bad idea. The rest are good, except the pension one needs to be dealt with carefully.
TheLimpinBiscuit
Facebook is leaking again...
cunningallusionment
This most likely ends up just hurting poor people as social services get cut. 2/2
surfvvax
Fake
iconvincinglybullshhthings
Can I get a sauce? I'm lazy and want to spread a proper link. Many friends won't take this seriously with a soaking wet girl as the pic
[deleted]
[deleted]
iconvincinglybullshhthings
Yooo sanitypotion just shut you down!!!
HeartbreakOne
You read the snopes article? The only thing buffet said was a quip about re-election, nothing about those numbered points.
TheThunderbirdRising
The numbered points also have almost nothing to do with the 3% for reelection thing either. It was just a transition
sanitypotion
http://www.snopes.com/politics/quotes/buffett.asp
Treblaine
I don't get how Snopes rates this as "true" when he didn't come up with those points nor endorsed this as a serious campaign point.
DotheBabyIsaac
And....boom goes the dynamite.
Treblaine
"his remark was more in the nature of a wry commentary on the workings of Congress than a serious proposal for tackling the budget deficit"
rtchau
Oh noes, I drounded!
SomeGuyFromJustSouthOfTheMiddleOfNowhere
I sure hope you're not drounding in student debt, OP. You didn't get your money's worth.
GimlisaurusRex
Damn sure wasn't an English major...
MyFartsHitMyBalls
That's the American edumacation syztime.
CycloneSP
fo sho, I'z be drounding in studentz debtz tu. :/
BALKatalo
Who doesn't love a clickbait thumbnail?
ninjafartball
Don't particularly like it, but I'm glad with the content. In this case VERY FUCKING GLAD.
JohnFloorwalker
I'd rather my clickbait be something of content rather than a slide-show of shit nothing.
sanitypotion
http://www.snopes.com/politics/quotes/buffett.asp
pyronyzen
oh god an ASP page with file ending 0.o
Goodnewwseveryone
Don't worry, it's got some decent things to say. Trust me, I'm learned.
lenomdeplume
FUCK YES !!!
SimplyWillis
I love when billionaires think they know everything about politics and economics just because they have money. False credibility ftw!
lenomdeplume
There is difference between a "Drumpf" billionaire and a REAL billionaire. Namely, actual billions earned.
ImNotCreativeEnoughForAGoodUsername
Ok for future reference the whole "using a hot girl to get views" thing works better if you use that as the thumbnail
iggy1001
You're not liking Warren's hair style?? actually, I didn't think it took the second pic as the thumb, I'll try something else next time...
ImNotCreativeEnoughForAGoodUsername
I mean I've fapped to worse...
iggy1001
lol +1
whoopingchow
A government deficit is different from personal debt... Solving the government deficit doesn't mean that individual debt goes away.
DrJDX
More importantly, a government unable to run a deficit where necessary is a government that will, WILL, fail. Gov't is not a household.
LavaAxe
This is something people whose understanding of economics is on the level of "I lent Lenny a fiver, he better pay up" won't understand.
penchantforpens
No way Buffet said any of this shit. The problem with US Gov is NOT congressional compensation. That's just dumb.
mike13815
Still a problem. Just because it's not the worst problem doesn't mean it shouldn't be fixed. It'd fix alot of future problems in the process
LavaAxe
Politicians always get paid. If it ain't by the government it's by someone else.
degenerator
http://www.snopes.com/politics/quotes/buffett.asp
penchantforpens
Ok. Yes. He didn't say any of the shit above. Thank you for proving me right.
DotSlashNatalie
"The rest of the lengthier e-mail in circulation (see example quoted below) has nothing to do with Warren Buffett." :O
degenerator
Yes, that's my point. "No way Buffett said *any* of this shit." Part of it *is* true. That's why this sort of email is effective.
ahsana
Nic
ahsana
Hello
ThefluteCaptainPicardplayedfirstinhisimaginationtheninreallife
This is nonsense: http://www.usnews.com/opinion/blogs/susan-milligan/2012/03/13/warren-buffett-and-the-mythical-congressional-reform-act
TheNextPresident
Fw: Fw: Re: Re: Re: THIS WILL FIX AMERICA!! ! !!!
ConstantlySearchingForMyDadOnImgur
I mean if you wanna live in a free market economy the economy is never going to be good and just stay that way
Treblaine
I used to fear the ups and downs, then I saw what the media was hiding about Venezuela, where's Venezuela's "be good and just stay here"?!?!
rumpyforeskin
Shit you speak the feckin truth my dude thenextpresident 2016
Ickeh
Will it? It just doesn't fix how broke the economy is...
Arkanrais
Fu: Fu: Fu: Fu: Fu: Fuck these shitty comments
rckymusic
#Make America break again#
d11or10
DROUNDING? try drowning...
dmoore182
That makes this hard to believe.
TheBlackSalmon
It's the muffled cry you make when your nasal is filled with water and you are trying to tell the life guards you are in fact "drowning."
1234canIhavealittlemore
I've tried it. It's not for me thank you.
worldsokayestspeler
The post had a good message but it was hard to upvote because OP said "drounding"
spazztastic
Because England...
reallyreallyreal
But what if im drounding?
oopsIdroppedmypocketpasta
LetMeTellYouWhatToDo
why not?
QuasarsAndBlazars
PECKING ORDER!
DARSKA
Pretty sure it was a joke...
nothisispatrickk1
Crazy how nature do dat!
nothingtowritehomeabout
Drounding is worse because while your lungs are filing with water and the light stars to fade you wonder why did they spell it like that?
notsogoodatusernames
Bitching about a simple spelling mistake? Try pressing the right arrow key or swiping.
nihilzero
I agree with the sentiments of this post, but I do not care to have my opinion associated with such duncery. (Prolly should of googled it)
nihilzero
See what I did there???
Snuggletummy
What is this, Tinder?