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.
Related Reading:
How Congress Works and Why You Should CareHow Congress Works and Why You Should Care is a concise introduction to the functions and vital role of the U.S. Congress by eminent former Congressman Lee H. Hamilton. Drawing on 34 years as a U.S. Representative, Hamilton explains how Congress reflects the diversity of the American people, serves as a forum for finding consensus, and provides balance within the federal government. Addressing widespread public misperceptions, he outlines areas where Congress can work better and ways for citizens to become more engaged in public affairs through their representatives in Washington. How Congress Works and Why You Should Care is essential reading for anyone who wants to understand the inner workings of Congress, and how all citizens can participate in its unique mission.
(2010)
Creating a Portfolio like Warren Buffett: A High Return Investment StrategyThe practical guide to investing the Warren Buffett wayCreating a Portfolio like Warren Buffett: A High Return Investment Strategy highlights actual trades author Jeeva Ramaswamy has successfully executed using principles established by investment guru Warren Buffet. Clearly explaining how Buffett's principles can be used to make specific investments the book, unlike other investment guides, also clearly explains how to apply Buffett's exit strategies as they pertain to holding or selling positions.
Giving readers a complete overview of Buffett's methodologies and how to apply them, the book is a step-by-step stock research checklist and comprehensive guide to investing and managing a successful stock portfolio. It includes detailed instructions to:
- Determine where to search for stock prospects
- Thoroughly research stocks using a stock research checklist
- Confidently make buy and sell decisions
- Expertly manage your portfolio
Packed with specific stock examples, real-life calculations, and expert tips, Creating a Portfolio like Warren Buffett is your guide to harnessing the market savvy of an investing legend.
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