Forum Post: We can change Wall Street when we change Congress
Posted 13 years ago on Nov. 13, 2011, 7:40 p.m. EST by Mspeegle
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Congress is not responsible to the American people and hasn't been for decades. Congress has made itself a "special people" and we the people need to bring them back down to just people like us. I like Warren Buffet's plan on how to do that (Read below).
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.
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.
Congressional Reform Act of 2011
- No Tenure / No Pension. A Congressman collects a salary while in office and receives no pay when they are out of office.
- 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.
- Congress can purchase their own retirement plan, just as all Americans do.
- Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 3%.
- Congress loses their current health care system and participates in the same health care system as the American people.
- Congress must equally abide by all laws they impose on the American people.
- All contracts with past and present Congressmen are void effective 1/1/12. 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 term(s), then go home and back to work.
Mike Speegle
Good stuff, what this movement needs is less "lets go break the windows at Bank of American" and more "lets change our government to be more responsible to the people and not the big campaign donations."
I agree. This is one of the few things around here that I can agree with. Well said.