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Bill: Industry Modernization Act!!!
Details
Submitted by[?]: Capitalist Working Families
Status[?]: defeated
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 2441
Description[?]:
This legislation secures the solvency of our domestic industries from going bankrumpt WITHOUT the negative consequence of us becoming a Socialist State. Thank you for your full support!!! |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: Certain industries are owned by the state, all others are under private ownership.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government subsidizes private enterprises that face bankruptcy.
Debate
These messages have been posted to debate on this bill:
| Date | 20:32:07, August 08, 2007 CET | From | Neo-Epicurean Party | To | Debating the Industry Modernization Act!!! |
| Message | The Neo-Epicurean party has already submitted a bill on this issue. We believe that the government should only intervene in the case of industries deemed vital to the national security or infrastructure. The DFP's bill allows more government intervention than we think is necessary. |
| Date | 20:36:27, August 08, 2007 CET | From | Deus Ex Machina Party | To | Debating the Industry Modernization Act!!! |
| Message | Neo we respectfully agree with your position, but feel that you have misread the bill. This bill promises LESS government intervention, a change from "ownership of some industries" to "support of failing industries". |
| Date | 06:55:03, August 09, 2007 CET | From | Capitalist Working Families | To | Debating the Industry Modernization Act!!! |
| Message | Thank you, D-E-M Party. Also, we must specifically DEFINE the word "subsidy" in the bill. It is NOT "corporate welfare" but rather a low-interest government LOAN---[below the Prime Rate]--that the failing businesses are OBLIGATED to pay back to the Federal Gov't, a PUBLIC TRUST of "We the People," with INTEREST!!! |
| Date | 13:31:57, August 10, 2007 CET | From | Quellist Party | To | Debating the Industry Modernization Act!!! |
| Message | No. This Bill would allow owners of failing buisnesses to asset-strip, get the loan, bank the money then live off the interest (which would be greater than the interest on the loan). |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 356 | ||||
| no |
Total Seats: 394 | ||||
| abstain | Total Seats: 0 |
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| Random quote: "It makes no difference, in principle, if this 'collective will' is divined by the edicts of a dictator or by majority vote, so long as the rights of the individual may still be sacrificed." - Robert Garmong |