The BUFFETT Rule
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!
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Wednesday, March 1, 2017 – 04:58 pm
Congressmen don't get
Congressmen don't get salaries for life, they do get pensions.
Is it true that . . . Members of Congress do not pay into Social Security and when they retire they receive a pension equal to their congressional salary for the rest of their life?
The answer is no. All members of Congress pay Social Security taxes in the same amounts as they would if they were employed in the private sector at the same salary level. The amount of a congressional pension varies and depends on years of service, age at the time of retirement, and salary.
The facts: The confusion about Social Security probably results from the fact that before 1984, Senators and Representatives did not participate in the Social Security program. Like all federal government employees at that time, members of Congress were covered by a pension plan, called the Civil Service Retirement System (CSRS), that did not require payment of Social Security taxes and did not provide Social Security benefits. In 1983, Congress passed a law (P.L. 98-21) that required all federal employees first hired after 1983 to participate in Social Security. The law also required all members of Congress to participate in Social Security as of January 1, 1984, regardless of when they first entered Congress. Because the CSRS was not designed to coordinate with Social Security, Congress directed the development of a new retirement plan for federal employees, called the Federal Employees Retirement System (FERS), which does coordinate a federal pension with Social Security.
Members of Congress are eligible for a pension at age 62 if they have completed at least five years of service. They are eligible for a pension at age 50 if they have completed 20 years of service, or at any age after completing 25 years of service. The amount of the pension depends on years of service and the average of the highest three years of salary. By law, the starting amount of a member’s retirement annuity may not exceed 80 percent of his or her final salary.
https://www.senate.gov/reference/common/faq/retirement_for_members.shtml
I didn't read the rest because it was obvious you cut and paste without researching or fact checking. Facebook isn't a substitute for news.
Top of Page Bottom of Page PermalinkFull Name: _________ Plf9905
on Wednesday, March 1, 2017 – 05:08 pm
Kinda Pisses Me Off The Guys
Kinda Pisses Me Off The Guys In Ties Make BANK $$$ and With Good Health Care For Life - While The Guys Who Do The WORK Military Branches Get Way WAY Less ! and in Cases end up with Life long Disabilities !
Who has more Respect from Me ? Our Enlisted and Veterans !
USA
Top of Page Bottom of Page PermalinkFull Name: intentionally blank mikeedwardsetc
on Wednesday, March 1, 2017 – 05:19 pm
I like the sound of the OP,
I liked the sound of the OP, but then I googled it.
http://www.snopes.com/politics/medical/28thamendment.asp/