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.
Please sign this petition if you want to support the Congressional Reform Act of 2012, which we, the American people, are demanding to be ratified as the 28th amendment to The United States Constitution. Please also share this petition with all of your friends. Let's put an end to corruption and greed in congressional politics once and for all!
Congressional Reform Act of 2012
1. Term Limits.
12 years only, one of the possible options below:
A. Two Six-year Senate terms
B. Six Two-year House terms
C. One Six-year Senate term and three Two-Year House terms
2. No Tenure / No Pension.
A Congressman collects a salary while in office and receives no pay when they are out of office.
3. 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.
4. Congress can purchase their own retirement plan, just as all Americans do.
5. Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 3%.
6. Congress loses their current health care system and participates in the same health care system as the American people.
7. Congress must equally abide by all laws they impose on the American people.
8. All contracts with past and present Congressmen are void effective the day this is signed into law.
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 who signs this petition shares it with a minimum of twenty different people (in the U.S.), it should only take about three days for most Americans to receive the message. So if you support this cause, please pass it on!
THIS is how we fix Congress! LET'S DO IT!
UPDATE: Just after I started this petition on change.org, I Googled "Congressional Reform Act" to get more info on it, and found an article on usnews.com that contradicts some of what has been circulating around that I used as a source for this petition. So, as the signer count goes up, and as I discover more accurate data about what actual injustices and wrongs are occurring with congress, I will be revising the petition to include only the fact-checked items that need addressing for real congressional reform to take place. By the time the signer goal is reached, and the petition is delivered, I pledge that it will contain only the items which actually need to be addressed and amended to The Constitution. Right off the bat, I know there will end up being more in it relating to money in politics, particularly with regards to lobbyists and special interest groups and their "donations" to members of the house and senate.