Tag Archives: Warren Buffett

fixing congress…….this would only be a start


Warren Buffett, “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.

I am 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 2019*

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 7/1/19. 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.Less

ARLIN REPORT THOUGHT OF THE DAY: LIBERALS, THEY REALLY DON’T KNOW BETTER


Part of that heading is probably true, I am pretty confident it is.   I am speaking of “Liberals, they really don’t know better.”   Why is it they seem to have a difficult time distinguishing between legal and illegal.   Do they know and more importantly understand the definition of each word?  They avoid the words, like they avoid the phrase “extreme Muslim terrorists”.   By doing so they can say and twist situations, which they create, to fit their need, whatever is convenient ‘for them’.   Yes, I am specifically speaking of Hillary Clinton, her running mate and supporters.

They, the Clinton team, make whatever is legally done or practiced by businessman Donald Trump as being wrong, unpatriotic or even illegal; desperately trying to create more scandal.  Donald Trump has a team of professional lawyers and accountants he relies on, counts on to assist in business decisions and yes…….paying taxes.

Clinton won’t say that Trump has illegally avoided paying taxes.  She makes it sound like he doesn’t pay his fair share; that he is cheating, which to the public implies he has done something illegal.

QUESTION:   Do you honestly think Hillary Clinton pays more taxes than she is required by the IRS and the tax codes?   ABSOLUTELY NOT!

Do you think, anyone in Congress, anyone in government pays more taxes than they are required by the law?  NO!   Can you picture Nancy Pelosi, Harry Reid and Ted Cruz for that matter paying over and above what their accountants calculate they owe on any of their tax returns.   Nancy, Harry and Ted would change the laws in their favor if that ever happened.

Who doesn’t use tax loopholes or the laws to their advantage when it comes to taking deductions and paying taxes?   H & R Block, and others advertise they will help you receive the biggest return possible, or payments minimized.  They use the laws and codes to the benefit of their clients.

Donald Trump would be a poor businessman if he did not take the advice of his professional financial advisors.  Is that the kind of businessman we want as president; one that doesn’t take advantage of the laws.

The tax system is not a fair system.   Trump should probably be paying more.  Can we expect him to voluntarily pay more taxes than required?   Would you?   YOU KNOW VERY WELL HILLARY CLINTON WOULD NEVER PAY MORE THAN REQUIRED.    She only twist facts to make it appear Trump doesn’t pay his share as if he is doing it wrongfully or illegally.   I am reluctantly using that term “illegally” because I believe Hillary Clinton has a difficult time understanding the meaning.   You know former Secretary of State Hillary Clinton, the security incompetent sloppy e-mail user/liar. She doesn’t understand national security or the term risk.  I had to throw that in.

Hillary Clinton accusing anyone of being unethical, corrupt or unlawful, is top of the barrel hypocrisy.   Her every word is swallowed by her followers, without any concern for truth.

Hillary said, Trump was taking advantage of a fixed system that he wants to change.   Well, yes and he and everyone else will take advantage of it until it is changed.  Hillary Clinton has been in a position as Senator to do something about it.   Of course she hasn’t because that system favors her as well.   Oh the HYPOCRISY!  Hillary often accuses Donald Trump of practices she herself has done.   What is wrong for you, is right for Hillary.  She is above us all, or so she thinks.

Hillary Clinton and her campaign prepared Tim Kaine with a whip and chair.   Kaine was the wild lion trained by Clinton’s team……as was evident in the Vice Presidential debate last evening.  Kaine followed the Clinton script, in a disruptive manner similar to Trump’s past style.  Something borrowed, or did Kaine just get too excited to share Hillary’s thoughts and lines.   Kaine like Clinton doesn’t understand the legality of practicing paying taxes according to the codes, something he learned from her majesty.

Another thought:   If Trump has been illegal with his tax reporting and has been audited for the past fifteen years, you can bet the IRS would have come down on him, with penalties or possibly jail time during that time.   Maybe we haven’t heard of any discrepancies because Trump has followed the law.  Something unheard of for Hillary Clinton.

Warren Buffett admits he pays a lower tax rate than his secretary, but he still takes advantage of it.