Archive for October, 2011

Warren Buffett and the chain mail people come up with something interesting

The following thing was found on facebook, I present it here, with the chain mail stuff taken away...

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.

*Proposed 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 Consumer Price Index 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 rendered null &
void. 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 terms), then go home
and back to work.
Let's make it a government by the people for the people!
Not for the richest of the rich!

, ,

Leave a comment

QR goodness! Scan it on your iPhone!

New! Download the latest podcasts on iTunes right from your iPhone!

Leave a comment

Episode 2 aka the old Episode 1 is back!

Occupy Wall Street & PBJs<—————————-Click here!!

Leave a comment

Welcome to The Underpaid podcast blog!

UPDATE: Find us on iTunes!!

We here at the underpaid are excited to bring you a new blog/podcast designed to represent those of you who feel like you have fresh ideas to bring to the table in a fun way!  The Underpaid Podcast (coming soon) will be the lynchpin of our operation designed to never be boring and inspire new conversation on a wide range of topics to be presented in an unedited conversational format.  Examples of future discussions include us discussing what’s wrong with the radio?  Why is it so hard to make a decent living?  What the hell is wrong with people?  It’s the genesis of a new community designed to speak to those who don’t have time to voice their opinions because, hey, we are too busy working.

More details will be ready soon, but in the meantime, if you have any questions or ideas, feel free to tweet us @theunderpaid !!

Leave a comment