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Bill: Banking Reform
Details
Submitted by[?]: Secular Humanist 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: June 2448
Description[?]:
| Currently, all financial institutions in Telamon are private. While we agree that private enterprise is necessary, we believe there should also be some official government provision. People need a bank they can trust. A bank which is not going to go bankrupt and take their money with it. We believe a goverment run central bank, operating alongside private banking institutions, would help telamon greatly. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates and owns all banks.
Proposed: The government operates a central bank and all other banks are private.
Debate
These messages have been posted to debate on this bill:
| Date | 18:30:12, August 25, 2007 CET | From | Secular Humanist party | To | Debating the Banking Reform |
| Message | This proposal will remain in debate until after the next election. |
| Date | 18:39:34, August 25, 2007 CET | From | Regional Acronym Political Establishment | To | Debating the Banking Reform |
| Message | We would prefer to keep the government separate from financial institutions. |
| Date | 21:00:55, August 25, 2007 CET | From | United Labour Party of Telamon | To | Debating the Banking Reform |
| Message | A central bank would merely serve to regulate the money supply and interest rates, in our view. It should NOT serve ordinary consumers directly. |
| Date | 12:22:35, August 26, 2007 CET | From | Conservative Party | To | Debating the Banking Reform |
| Message | We completly agree with the proposal. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 516 | |||||
| no |
Total Seats: 234 | |||||
| abstain | Total Seats: 0 |
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