I just recently received a forward e-mail that is asking me to forward on a political e-petition that would add another amendment to the constitution. Before I get into the subject of this post I want it to be known that e-mail chains aggravate me. They make no sense, they come with an ungodly amount of forwards that makes you scroll for five minutes before you get to the actual body of the e-mail and they accomplish nothing. If they did I would have been rich in 3 days so many times over I would be the new Warren Buffett.
Speaking of Warren Buffett, this brings me to my post. In this e-mail it brought out a comment that Buffett had made during the debt ceiling crisis (which will never go away).
His quote was: “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”.
That’s great Warren!!! Let’s do it!!! Everyone get on the phone to your congressman and tell them that you want to see this bill passed. I bet there will members of Congress jumping over each other to sponsor this bill. Is Buffett serious? Has he completely lost his mind? It’s Warren Buffett; it has to work, right? Wrong. Not only will this not solve the problem but nobody will pass it. If there was going to be legislation to actually hold our elected officials accountable for the inactivity’s in Washington, term limits would have been applied to the House and Senate long ago.
Term limits aside. If anyone out there can come up with the name of the congressman that will not only sponsor this bill, but actually put it to the floor, they shouldn’t be running for Congress, they should be running for President. And to disqualify members from re-election if the deficit is 3% higher than GDP, half of the clowns in Congress run unopposed, and then who gets the seat?
The problem with the debt and the economy is, was and always will be for the most part, the American people. Because the American people do not hold Congress to the same standards they would a player on their favorite baseball team. A player lets the ball roll through his legs in Game 6 of the World Series allowing the winning run to score and the fans are ready to run him out of town and sending death threats to his family. But an elected official allows the national debt to get to $15 Trillion and is asking for support because he has not been able to fix the problem in the 30+ years but we need to send him back because he has the experience. Experience? At what? This where term limits would do wonders. If we hold our Commander and Chief to accomplish goals in two 4 year terms, why does the House and Senate get to become lifetime politicians and grow roots?
I think that Warren Buffett has been a true pioneer in self-made billioniares, but I think over the past few years his opinion has not only been relied on too much in the world of public opinion but his word has been portrayed as gospel. I value the man’s financial opinion, why wouldn’t I? But since the government and particularly the current administration does not want to run the United States like a business, as it ought to be, Mr. Buffett’s comments are futile because the people that need to listen aren’t. If the people are looking for a real (and just as fictitious as Mr. Buffett’s plan) solution to solving the debt crisis, I suggest you read “Term Limits” by Vince Flynn. It is not what you think it is.
Until next time. 3D
Coming Right Atcha