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Bill: Establishment of a Public Pension

Details

Submitted by[?]: Saiserist League

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: April 2501

Description[?]:

...

Proposals

Debate

These messages have been posted to debate on this bill:

Date02:08:09, December 14, 2007 CET
FromSaiserist League
ToDebating the Establishment of a Public Pension
Message"Ironically, the existence of multiple private pensions should make them decline relatively in value by frenzied buying of stocks whilst the public pension would prosper as the value of government bonds (which is what public pensions are done in) increases. It's not as effective as a mandatory public system, but nevertheless balancing market laws should keep a voluntary public pension afloat."

-Trent Borisovich Kalinyev, Treasurer of the Revolutionary Socialist Party

Date06:42:48, December 14, 2007 CET
FromLiberty Party
ToDebating the Establishment of a Public Pension
Message"The State should not compete with the private sector. When private business fails, individuals lose money, then move on.
When public business fails, taxes are raised to pay for a business that would not exist in proper market conditions. Everyone has to pay for the tax hikes, including those who support private enterprises that work.

It's completely unethical and fiscally irresponsible."

~Michale Tucker, Shadow Finance Minister

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Voting

Vote Seats
yes
    

Total Seats: 217

no
   

Total Seats: 184

abstain
 

Total Seats: 0


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