Tuesday, August 23, 2011

Congressional Reform Act of 2011

I received this from someone and thought it would be really worthwhile to post since I have had similar thoughts. I edited it a little.

"We have just witnessed how poorly Congress works even when dealing with a serious issue like the debt ceiling. The market had its eighth consecutive decline marking its longest losing streak since October 2008. It has lost 6.7% during the skid, dating back to July 22. This is only the sixth time the Dow has dropped eight straight days in more than 30 years. As soon as the Senate vote was completed, Congress went on vacation for the rest of the month. That's almost 4 weeks. This is just one of its many vacations during the year, compounded by the fact that they are typically at work only Tuesday-Thursday when they are in session. Isn't it time something changes?
Congressional Reform Act of  2011
1.   No Tenure / No  Pension. Congressmen collect a salary while in office and receive 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 loses their current health care system and participates in the same health care system as the American people.
5. Congress must equally abide by all laws they impose on the American people.
6. (I added this) Supreme Court Justices must also abide by these laws."


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