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Bill: Emergency Nationalisation Act, 2413
Details
Submitted by[?]: Union of Democratic Socialists
Status[?]: passed
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: September 2415
Description[?]:
If an industry which provides an essential service, such as telecommunications, faces bankruptcy, the government shall take ownership of the company in order to preserve the service to the populace. In situations where the company faces bankruptcy due to competition, there shall be no such intervention, as the service will be provided by the competitor. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Debate
These messages have been posted to debate on this bill:
Date | 12:10:05, June 15, 2007 CET | From | Jakania Republican Party | To | Debating the Emergency Nationalisation Act, 2413 |
Message | No way, besides there are private means of saving companies like merging or with all the different companies that do the same thing, the small fry will be eaten by the bigger fish. |
Date | 12:38:35, June 16, 2007 CET | From | Union of Democratic Socialists | To | Debating the Emergency Nationalisation Act, 2413 |
Message | That's why there's the clause about competition. |
Date | 18:38:05, June 16, 2007 CET | From | Jakania Republican Party | To | Debating the Emergency Nationalisation Act, 2413 |
Message | No still. |
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Voting
Vote | Seats | ||
yes | Total Seats: 138 | ||
no | Total Seats: 112 | ||
abstain |
Total Seats: 0 |
Random fact: Real-life organisations should not be referenced in Particracy, unless they are simple and generic (eg. "National Organisation for Women" is allowed). |
Random quote: Although I understand and respect the intentions behind the gesture, this is not something that is universally understood or appreciated, and it tends to give out a negative impression of our party. ~ Anton Weinreich, General Secretary of the Dorvish Communist Party, pleading with his members to stop burning the national flag |