"I could end the deficit in 5 minutes," he told Becky Quick. "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."

Regrettably, the "you" that must present this measure to a president, for it to pass into law, is the "you" that will not take responsibility: the members of the Congress. Given that it's Congressional irresponsibility (in holding out its hands, asking to be bought by lobbyists and the wealthiest citizens) that created the deficits and the national debt, it makes no sense to expect this solution to become reality.

The Congress refuses to pass legislation that would bar them from being whores for hire. There is therefore little reason to think they'd pass legislation that would bar them from the whorehouse.

Warren Buffett has finally said something I agree with I like "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."

I still admire him at his ability of surrounding himself with good people. He then follows their solutions and advice.

Ted

Sounds good in theory, but the problem is that in order for it to become law it will have to be passed by congress, which means they will have to pass a bill that will end their political career, so it won’t happen. 

Even if it did happen there would be a lot of fuzzy math presented by the losers in congress to show that it’s less than 3% of GDP no matter what the real numbers are. 

Some politicians don’t even know what the meaning of the word is is, so they’ll never be able to agree on how to measure the 3%.  It’s simple enough to me and anyone that knows arithmetic, but to the fuzzy math D.C. crowd it’ll be anything but simple.

To American citizens that agree with this idea: The power of technology is at your hands – use it. It’s not anyone positions fault. We’re Americans and we’re doing without a lot of things that all of us have paid to use in this country, including ALL Government Salaries and PERKS. We have the technology available to us to make each of your positions responsible and to replace all of you. You work for us – Democrat or Republican – isn’t stamped on your paycheck.

If you want to promote your Healthcare Plan, then use it. Same for any other “ideas” – but quit wasting our time posturing every four years. We, as people, need jobs, salaries, and our economy to heal quickly – without arguments. As many times as you “turn on the electric” to posture at a podium, you could deal with “1” item, such as All Government Officials utilizing the Government’s HealthCare Plan, effective immediately. By the way, you don’t need to pass a law to VOLUNTEER to with as the “rest” of us are.

So how far do we let them push us before we push back or, better yet push them all out? The politicians and their investors...I mean contributors run things and every government BUREAUCRACY operates under their direction – notice the appointees at the top – political donors!  So they keep pushing us until we have another Tea Party but, one with the guts to do something not the milque-toast unit operating now…