In my last post entitled "Discussions
With My Readership" I quoted Judge Edwin S.
Bernstein Esq. of Boynton Beach Florida as pointing out that: “our basic
problem is the influence that money has on elected officials.” A truer word
could not be said, but it is not the fault of the Congress. It is the system that
keeps every Congressman or Senator, beholden to those who finance their
campaigns and in fear of those who will bankroll their opponents. We have seen
this recently in the Republican primaries, where a number of “Independent
Groups” who for whatever their reasons want the nomination to go to Mitt Romney
unloaded on the surging Newt Gingrich and had his poll numbers down in a matter of
days. $4,470,935 had been spent by these groups and other non-profits to
oppose him (Gingrich) as of the end of last week. But just
when all seemed lost for Gingrich, casino king and America’s eighth-richest person Sheldon Adelson has given $5 million to Winning Our Future,
a political action committee that supports Gingrich’s campaign, according to The Washington Post. And the money comes
just in time for the former Speaker of the House, who just placed fourth in the
Iowa caucus. Gingrich’s Super PAC will reportedly use the money to run
advertisements that directly attack Romney for destroying jobs and profiting
from failed companies while at the head of private equity giant Bain Capital. See here.
This is in the Presidential race, but Congress is just as much if not more
beholden to the deep pockets. Recent estimates reveal that many members
spend anywhere from 25 percent up to 50 percent (and sometimes more) of their
time fundraising.
Whether that is the reason, or at least one of the reasons,
that Congress is held in such low esteem is hard to tell from the polls. What
we do know is that the public holds Congress in what can only be described as
contempt. According to Gallup’s latest poll, 11% approve of the job Congress is
doing and 86% disapprove.
The reasons for this are many. But the gridlock, the
gamesmanship, and the brinksmanship are certainly a major reason. Many, too
many in my opinion, react with throw all the bums out, which strikes me as
simplistic and downright foolhardy. The only way to reform a corrupt system is
to spend the time to know what each and every member of Congress stands for and
to be selective.
What we do know is that Republicans are not entirely unhappy
with this result. They are anti-government, (being anti government used to be
the purview of anarchists who were feared and hated, so much so that the Zacco and Venzetti case is a landmark of the hysteria surrounding that movement) and so a bad
opinion of government serves their end. If gridlock, by filibustering, brings
about a bad opinion of government, that serves their end. If governing badly
creates hostility to government that serves their end, but of course, not if it
costs them votes.
So let us examine more of the reasons for the contempt
Congress is held in. Part of it is the result of a concerted campaign of lies
intended to besmirch Congress. Thus I recently received an e-mail, (one of many
in the same vain that I have received over the years.) I went through it – and
found that almost every word was a lie and yet a good friend had forwarded it
to me with approval. The public’s naiveté never ends.
I urge my readers to first read the e-mail in full without
any comment from me. You can find it here.
Now let me address the lies. The
portions from the e-mail to which I have reference appear in italics. My
comments thereon appear in bold letters.
How Can We Make This Happen?
Warren Buffett, in a recent
interview with CNBC, offers one of the best quotes about the debt ceiling:
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 one (1) year or less to
become the law of the land - all because of public pressure. Warren Buffet is
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.
Most of the above was not said by
Warren Buffett. He did say: “I could end the deficit in 5 minutes. 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" but it was said in jest. See here. What Buffet did say in all seriousness and it is very
sound is, "the debt ceiling should be done away with, arguing it is
nothing more than an “artificial limit” that ends up wasting time in Congress.
See here.
As for eliminating the deficit, that is
not so easily done. It was done under the Clinton Administration, but eight
years of the Bush Administration’s tax cutting and unnecessary spending, ending
in the greatest recession since the Depression of the ‘30s makes it a very
difficult task. Ending the Bush Tax cuts would make a large dent, but would not
do the job alone. Cutting alone would require doing away with Social Security,
Medicare, Medicaid, the SEC, the Fed, the FDA and all the programs of Teddy Roosevelt,
Woodrow Wilson, Franklin Roosevelt and Lyndon Johnson. As I have said before
and will again, adjustments to Social Security and Medicare are absolutely
necessary, but the draconian approach of doing away with these programs, as is
proposed in the Ryan budget is neither necessary nor desirable. And As I have
also said before the Ryan budget actually increases the deficit by $6
trillion. See here.
Now allow me to take the rest of lies
one by one.
Congressional Reform Act of
2011
1. No Tenure / No Pension. A Congressman/woman collects a salary
while in office and receives pay when they're out of office.
This is the law now.
2. Congress (past, present & future) participates in Social
Security.
This is the law now.
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.
The congressional Retirement system is
no different than that given by most corporations to their employees and is the
same as that given to all federal employees. Members of Congress receive retirement and health benefits under the same plans available to other federal
employees. They become vested after five years of full participation. Members
elected since 1984 are covered by the Federal Employees'
Retirement System (FERS). Those
elected prior to 1984 were covered by the Civil Service Retirement
System (CSRS). In 1984
all members were given the option of remaining with CSRS or switching to
FERS.
As it is for all other federal
employees, congressional retirement is funded through taxes and the
participants' contributions. Members of Congress under FERS contribute 1.3
percent of their salary into the FERS retirement plan and pay 6.2 percent of
their salary in Social Security taxes. Members of Congress are not eligible for
a pension until they reach the age of 50, but only if they've completed 20
years of service. Members are eligible at any age after completing 25 years of
service or after they reach the age of 62. Please also note that Members of
Congress have to serve at least 5 years to even receive a pension.
The amount of a congressperson's
pension depends on the years of service and the average of the highest 3 years
of his or her salary. By law, the starting amount of a Member's retirement
annuity may not exceed 80% of his or her final salary. See here.
The Social Security Trust Fund is intact.
It is invested in U.S. Treasury Securities, from where it collects interest and
the Securities are the safest in the world.
3. Congress can purchase their own retirement plan, just as all
Americans do.
That too is the current system.
4. Congress will no longer vote themselves a pay raise. Congressional pay
will rise by the lower of CPI or 3%.
This too is the current law or
something close to it. Congressional cost-of-living adjustments are
calculated using a formula based on changes in private-sector wages and
salaries as measured by the Employment Cost Index. However, Congress can refuse
such raises. A bill nixing Congress' automatic 2011 pay raise was signed
into law by President Barack Obama. The
move marks the second consecutive year lawmakers have opted not to receive
their automatic cost-of-living increase. The law governing congressional pay
raises requires members to vote against getting a raise. Otherwise, the
increase takes effect automatically. But keeping pay for members low is
not desirable. Rich members don't need their salary at all, while it
discourages people who are not rich from serving in the Congress.
5. Congress loses their current health care system and participates in the
same health care system as the American people.
Members of Congress are covered by
private insurance under the same system that covers all federal
workers. Members of Congress have good health insurance by any standard,
but it’s not free and not reserved only for them – and it’s not government
insurance. House and Senate members are allowed to purchase private
health insurance offered through the Federal Employees Health
Benefits Program, which covers more than 8 million other federal employees, retirees, and their families.
6. Congress must equally abide by all laws they impose on the American people.
That is the law at present. Members of
Congress are not exempt from any laws that apply to others.
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.
There are no contracts with members, or
past members of Congress. If there were any, their voidance by legislative
fiat, like all contracts by anyone, would violate the due process clause of the
Constitution.
Now there other valid
reasons to be critical of Congress and I urge readers to demand of their
representatives in both the House and the Senate to take action as recommended
by Sarah Palin. Yes, I said Sarah Palin.
Kudos to Sarah Palin for her totally valid demand for reform of the Congress, which
was exposed by the TV program 60 Minutes. You can watch the relevant portion
of that program here.
And then read the article by Sarah Palin here.
Write to your members of Congress and ask them to act on
Palin’s recommendation, which I think to our media’s discredit has not gotten
the publicity, which it deserves. The media is only interested in politics as a
sporting event.
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