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Bill: Abolish the Federal Reserve
Details
Submitted by[?]: Truth Party
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: May 2505
Description[?]:
| Do away with the fiat currency of the Fed and remove control of our currency from same. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates large, national banks, but small community based private banks are allowed.
Article 2
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There is no provision for a minimum wage.
Current: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Proposed: There shall be a minimum wage at a level that a full time worker on it can support a family of four without falling under the poverty line.
Debate
These messages have been posted to debate on this bill:
| Date | 05:01:13, December 22, 2007 CET | From | Free Liberals Party | To | Debating the Abolish the Federal Reserve |
| Message | This is not freedom from government interference in the monetary system at all. What a joke of bill. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 128 | |||
| no |
Total Seats: 217 | |||
| abstain |
Total Seats: 137 |
| Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
| Random quote: "The word 'politics' is derived from the word 'poly', meaning 'many', and the word 'ticks', meaning 'blood sucking parasites.'" - Larry Hardiman |