Please. This is some ridiculous viral e-mail. Read this:

Snopes - 28th Amendment (Mostly False)

Factcheck - Congressional Reform Act
Q: What about the “Congressional Reform Act of 2011”?
A: A viral e-mail calls for fixing some abuses and excesses that don’t exist, repeating misinformed claims that we’ve addressed before…

“Void all contracts”? Past and present? Right, that sure sounds legal.