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-   -   Economics Warren Buffets solution to the permanently fix the deficit. (http://www.chiefsplanet.com/BB/showthread.php?t=266855)

BigRedChief 11-19-2012 09:38 PM

Warren Buffets solution to the permanently fix the deficit.
 
On CNBC panel:

"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.


Good idea or not?

ROYC75 11-19-2012 09:41 PM

Congress would be a turnstile every election.

headsnap 11-19-2012 09:41 PM

that's cute

go bowe 11-20-2012 12:32 AM

has a certain common-sense appeal to it...

A Salt Weapon 11-20-2012 02:08 AM

Sounds good to me, good luck getting the congress critters to enact such a thing.
Posted via Mobile Device

La literatura 11-20-2012 02:44 AM

1 Attachment(s)
So much for leaving forever, huh, sportsshrink?

Direckshun 11-20-2012 03:39 AM

Quote:

Originally Posted by Literature (Post 9135670)
So much for leaving forever, huh, sportsshrink?

Ha!

I guess we didn't say anything about voting.

FD 11-20-2012 08:32 AM

It would need to be an amendment, and there would probably be ways to skirt it with accounting tricks, but in principle I support it.

Radar Chief 11-20-2012 09:01 AM

I think itís ridiculous that there arenít term limits on those seats anyway so Iím in.

Bump 11-20-2012 12:14 PM

and put those ****s on the same health care plan as us

alpha_omega 11-20-2012 12:36 PM

pretty sure that wouldn't really end it in 5 minutes, but nice drama though.

FishingRod 11-20-2012 12:41 PM

Unfortunately it is kind of like saying people should be happy and no one should go hungry. Well Thanks Warren. I’m beginning to think he is a lot more like Trump than I would have ever beloved.

Another Billionaire attention whore. Yippee.

Radar Chief 11-20-2012 01:12 PM

Quote:

Originally Posted by FishingRod (Post 9136612)
Unfortunately it is kind of like saying people should be happy and no one should go hungry. Well Thanks Warren. Iím beginning to think he is a lot more like Trump than I would have ever beloved.

Another Billionaire attention whore. Yippee.

So youíre really that close?

fan4ever 11-20-2012 01:36 PM

Quote:

Originally Posted by Direckshun (Post 9135675)
Ha!

I guess we didn't say anything about voting.

Oh, so you held him to his bet? I was hoping you were a bit more benevolent than that. Color me disappointed...not because I like his posts, It's just too bad someone as tolerant as yourself couldn't find it in your heart.

La literatura 11-20-2012 01:44 PM

Quote:

Originally Posted by fan4ever (Post 9136782)
Oh, so you held him to his bet? I was hoping you were a bit more benevolent than that. Color me disappointed...not because I like his posts, It's just too bad someone as tolerant as yourself couldn't find it in your heart.

LMAO


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