Best Pension Plans 2011

by Pension Forecast

John asks…

Did Warren Buffett, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling?

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.
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*_

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 1/1/12.

Pension Forecast answers:

Gods, he hit it right on the head.

What a GREAT idea!

George asks…

Congressional Reform Act of 2011*_?

This is a joke–right?

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 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*_
>
> 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 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 are void
> effective 1/1/12. The American people did not make this
> contract with Congressmen.
Auh–the joke to this is re veiled-:)

Why is “one of the richest person’s in the world” pushing this?

Pension Forecast answers:

One major problem. The only ones who can pass such a law is congress, and that ain’t gonna happen.

James asks…

Do you agree with this plan by Warren Buffett to solve the debt ceiling and economy?

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 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*

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 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 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.

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. Maybe it is
time.

Pension Forecast answers:

That’s a great pipe dream. The real problem would be the greedy people who are nursing at the public teat are the ones who would have to vote to change the system.
Congress will never kill their own golden goose.

Susan asks…

Seniors, when you get a chain email, do you usually agree with the sentiments?

Usually they are trash, but this one turned up in my husband’s mail this morning and it makes a lot of sense to me:

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.

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*_

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 1/1/12. The American people did not make this
contract with Congressmen/women.

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.

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. Don’t you think it’s time?

THIS IS HOW YOU FIX CONGRESS!

If you agree with the above, pass it on. If not, just delete.
You are one of my 20+ – Please keep it going, and thanks.

Pension Forecast answers:

Not true.

It’s rubbish just like all other chain email trash, and has nothing to do with Buffett.

Http://www.truthorfiction.com/rumors/c/congressional-reform-act-2011.htm

http://CBCF.groupsite.com/discussion/topic/show/438586

For more on chain letters:

http://cbcf.groupsite.com/post/why-chain-letters-are-so-bad

http://www.hoax-slayer.com

http://www.hoaxkil.com

http://wwwmuseumofhoaxes.com

http://www.truthorfiction.com

http://www.breakthechain.org

http://www.snopes.com

David asks…

Buffett: How to fix Congress?

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 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*_

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 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 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.

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. Maybe it is time.

THIS IS HOW YOU FIX CONGRESS!!!!!

If you agree with the above, pass it on. If not, just delete.
You are one of my 20+.. Please keep it going.

Pension Forecast answers:

This is spam that is floating around Facebook. Most of this is made up.

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