{"id":4731,"date":"2011-11-28T13:13:56","date_gmt":"2011-11-28T18:13:56","guid":{"rendered":"http:\/\/www.divetalking.com\/?p=4731"},"modified":"2011-12-18T19:13:18","modified_gmt":"2011-12-19T00:13:18","slug":"i-could-end-the-deficit-in-5-minutes","status":"publish","type":"post","link":"https:\/\/www.divetalking.com\/?p=4731","title":{"rendered":"&#8220;I could end the deficit in 5 minutes&#8221;"},"content":{"rendered":"<p>Warren Buffett, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling:<\/p>\n<p>&#8220;I could end the deficit in 5 minutes,&#8221; he told CNBC. &#8220;You just pass a\u00a0 law that says that anytime there is a deficit of\u00a0 more than 3% of\u00a0 GDP, all sitting members of Congress are ineligible for re-election.<\/p>\n<p>The 26th amendment (granting the right to vote for 18<br \/>\nyear-olds took only 3 months &amp; 8 days to be ratified!<br \/>\nWhy? Simple! The people demanded it. That was in 1971 &#8211;\u00a0 before computers, e-mail, cell phones, etc.<\/p>\n<p>Of the 27 amendments to the Constitution, seven (7) took\u00a0 one (1) year or less to become the law of the land &#8211; all because of public pressure.<\/p>\n<p>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.\u00a0 This is one idea that really should be passed around.<\/p>\n<p>_*Congressional Reform Act of 2011*_<\/p>\n<p>1. No Tenure\/No Pension.\u00a0 A Congressman\/woman collects a salary while in office and receives no pay when they&#8217;re out of office.<\/p>\n<p>2.\u00a0 Congress (past, present &amp; future) participates in<br \/>\nSocial Security.\u00a0 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.<\/p>\n<p>3. Congress can purchase their own retirement plan, just\u00a0 as all Americans do.<\/p>\n<p>4. Congress will no longer vote themselves a pay raise.\u00a0 Congressional pay will rise by the lower of CPI or 3%.<\/p>\n<p>5. Congress loses their current health care system and<br \/>\nparticipates in the same health care system as the American people.<\/p>\n<p>6. Congress must equally abide by all laws they impose on the American people.<\/p>\n<p>7. All contracts with past and present Congressmen\/ women are void effective 1\/1\/12. The American people did not make this contract with Congressmen\/ women.\u00a0 Congressmen\/women 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.<\/p>\n<p>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.<\/p>\n<div>\n<div>\n<div id=\"yiv164670038\">\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>**Snopes verified: <a href=\"http:\/\/www.snopes.com\/politics\/quotes\/buffett.asp\" rel=\"nofollow\" target=\"_blank\">http:\/\/www.snopes.com\/politics\/quotes\/buffett.asp<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Warren Buffett, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling:<br \/>\n&#8220;I could end the deficit in 5 minutes,&#8221; he told CNBC. &#8220;You just pass a\u00a0 law that says that anytime there is a deficit of\u00a0 more than 3% of\u00a0 GDP, all sitting members of Congress are ineligible for re-election.<br \/>\nThe 26th amendment (granting the right to vote for 18<br \/>\nyear-olds took only 3 months &amp; 8 days to be ratified!<br \/>\nWhy? Simple! The people demanded it. That was in 1971 &#8211;\u00a0 before computers, e-mail, cell phones, etc.<br \/>\nOf the 27 amendments to the Constitution, seven (7) took\u00a0 one (1) year or less to become the law of the land &#8211; all because of public pressure.<br \/>\nWarren 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 &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-4731","post","type-post","status-publish","format-standard","hentry","category-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>&quot;I could end the deficit in 5 minutes&quot; - Divetalking<\/title>\n<meta name=\"description\" content=\"Divetalking\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.divetalking.com\/?p=4731\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&quot;I could end the deficit in 5 minutes&quot;\" \/>\n<meta property=\"og:description\" content=\"Divetalking\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.divetalking.com\/?p=4731\" \/>\n<meta property=\"og:site_name\" content=\"Divetalking\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Divetalking\" \/>\n<meta property=\"article:published_time\" content=\"2011-11-28T18:13:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2011-12-19T00:13:18+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.divetalking.com\\\/?p=4731#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.divetalking.com\\\/?p=4731\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/www.divetalking.com\\\/#\\\/schema\\\/person\\\/02d5721103fd9d171fcc8cfb74d80947\"},\"headline\":\"&#8220;I could end the deficit in 5 minutes&#8221;\",\"datePublished\":\"2011-11-28T18:13:56+00:00\",\"dateModified\":\"2011-12-19T00:13:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.divetalking.com\\\/?p=4731\"},\"wordCount\":409,\"articleSection\":[\"Report\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.divetalking.com\\\/?p=4731\",\"url\":\"https:\\\/\\\/www.divetalking.com\\\/?p=4731\",\"name\":\"\\\"I could end the deficit in 5 minutes\\\" - 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