About This Blog

Ludwig von Mises (1881-1973) was the greatest economist of my time. His greatest works can be accessed here at no charge.

Mises believed that property, freedom and peace are and should be the hallmarks of a satisfying and prosperous society. I agree. Mises proved beyond a shadow of a doubt that the prospect for general and individual prosperity is maximized, indeed, is only possible, if the principle of private property reigns supreme. What's yours is yours. What's mine is mine. When the line between yours and mine is smudged, the door to conflict opens. Without freedom (individual liberty of action) the principle of private property is neutered and the free market, which is the child of property and freedom and the mother of prosperity and satisfaction, cannot exist. Peace is the goal of a prosperous and satisfying society of free individuals, not peace which is purchased by submission to the enemies of property and freedom, but peace which results from the unyielding defense of these principles against all who challenge them.

In this blog I measure American society against the metrics of property, freedom and peace.

Saturday, September 29, 2012

Another Good Idea That Doesn't Stand The Chance Of An Ice Cube In Hell


Congressional Reform Act of 2012

1. Term Limits.
12 years only, one of the possible options below:
A. Two Six-year Senate terms
B. Six Two-year House terms
C. One Six-year Senate term and three Two-Year House terms

2. No Tenure / No Pension.

A Congressman collects a salary while in office and receives no pay when they are out of office.

3. 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.

4. Congress can purchase their own retirement plan, just as all Americans do.

5. Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 3%.

6. Congress loses their current health care system and participates in the same health care system as the American people.

7. Congress must equally abide by all laws they impose on the American people.


8. All contracts with past and present Congressmen are void effective the day this is signed into law.

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 you agree that the Act as described above just might be a good start at bringing this country back to its roots, click here and sign the petition to Congress.


Petition2Congress Logo








2 comments:

LD Jackson said...

That sounds like a plan to me. But you are right, it hasn't a chance of passing. Far too many members of Congress have far too much invested in their tenure to let it slip through their fingers.

Sherman Broder said...

You're right. Maybe a Constitutional Amendment is the way to go. Then again, seeing as how state legislatures serve as a sort of minor leagues for the "big show" in Washington, DC, state politicians might not be interested either.