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The Tea Party Patriots' mission is to restore America's founding principles of Fiscal Responsibility, Constitutionally Limited Government and Free Markets.
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Profile picture of Amsoil Dealer: aka MIKE active 1 month, 2 weeks ago
  • Amsoil Dealer: aka MIKE posted an update 11 months, 2 weeks ago

    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.