The solution to the US economic crisis!

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Thanks  Mom!

I can always count on my Mom.  She’s generally always right.  And, I think this time is no exception.

You see, she seems to have found the answer to the US economic crisis.  Yes, that’s right; the solution.  Solved.  Done.  Dusted.  No worries.

How did she find it?

Not sure.  Doesn’t really matter.  But, she was  kind enough to share it with me.

You see, just a few days ago she forwarded me an email explaining the solution.

Now, I’d like to share it with you.  I figure I might as well; after all, if we’ve found the answer we might as well get it out there for all to see.  Why hide it?

Oh by the way, my Mom didn’t come up with the answer.  She found it and forwarded it to me.   The solution was revealed by none other than Warren Buffett.  Yes, Warren Buffett.  The guy that knows a lot about investing and business.  The guy that has the investing and business success to back up what he says.  When it comes to finding a solution for a distressed business enterprise, Warren is probably the best person to see.  Could the USA be likened to a distressed business enterprise?  I’ll let you  answer that one …

And now, here it is … the solution to the US economic crisis.  Feel free to share it.

THE ANSWER:

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 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.

BONUS FEATURE:  And, here’s how to fix congress!

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.

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 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.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!

See I told you Mom was right!

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