Showing posts with label warren buffet. Show all posts
Showing posts with label warren buffet. Show all posts

Sunday, October 13, 2013

Chain. . .

There is a 'chain' email circulating (since about 2009) claiming that a 28th amendment to the Constitution,  purported to be written by Warren Buffet, that could easily end the deficit.  Some of the information contained therein is true.  Some is false.  And some is simply unverifiable.

But did you know . . .

Article 5 of the U.S. Constitution specifies two procedures for amendments. One method is for two-thirds of states legislatures to call for a constitutional convention at which new amendments may be proposed, subject to ratification by three-fourths of the states. The constitutional convention method allows for the Constitution to be amended by the actions of states alone and cuts Congress out of the equation — no Congressional vote or approval is required. However, not once in the history of the United States have the states ever called a convention for the purpose of proposing new constitutional amendments.

The other method for amending the Constitution (the one employed with every amendment so far proposed or enacted) requires that the proposed amendment be approved by both houses of Congress (i.e., the Senate and the House of Representatives) by a two-thirds majority in each, and then ratified by three-fourths of the states. It's probably safe to speculate that the odds that a supermajority of both houses of Congress would pass an amendment which placed such restrictions upon them are very low indeed.

. . . ?





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