Interesting perspective from Warren Buffet

From Warren Buffet via Yahoo, His suggestion of a 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.