We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Limitation of Government Bailouts
Details
Submitted by[?]: Neo-Epicurean Party
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: August 2445
Description[?]:
| This bill will limit government intervention in failing businesses to those which, if they failed, would cease to provide our economy with goods and services deemed vital to the national security or economic health of the nation. In all other cases, the success or failure of businesses would be determined strictly by market forces. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government subsidizes private enterprises that face bankruptcy.
Current: Certain industries are owned by the state, all others are under private ownership.
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 | 22:15:41, August 20, 2007 CET | From | Capitalist Working Families | To | Debating the Limitation of Government Bailouts |
| Message | Our party originally wrote this bill and the "subsidies" that it grants are really LOANS from the National Government. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 540 | ||||||
| no | Total Seats: 151 | ||||||
| abstain | Total Seats: 38 |
| Random fact: Real-life places should not be referenced in Particracy. |
| Random quote: "Racism isn't born, folks; it's taught. I have a two-year-old son. You know what he hates? Naps! End of list." - Dennis Leary |