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Bill: Free Market Act
Details
Submitted by[?]: United Republics 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: March 2553
Description[?]:
| Ends business subsidies. |
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: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Debate
These messages have been posted to debate on this bill:
| Date | 04:36:59, March 27, 2008 CET | From | The Liberal Party | To | Debating the Free Market Act |
| Message | This has been delt with before. We need to keep failing companies in business to ensure competition and prevent monopolies. |
| Date | 06:22:20, March 27, 2008 CET | From | United Republics Party | To | Debating the Free Market Act |
| Message | this bill doesn't address monopolies or competition - simply subsidies. I believe a failing monopoly could also recieve government bailouts under the current language. |
| Date | 01:58:14, March 28, 2008 CET | From | Pariah Idealism | To | Debating the Free Market Act |
| Message | Agree with URP, Monopolies should not receive bail outs. Plus Why don't we just regulate the monopolies? Is there a rule about this? There should be, let me check. |
| Date | 04:28:09, March 28, 2008 CET | From | The Liberal Party | To | Debating the Free Market Act |
| Message | If you read carefully, this bill will prohibit the government to give subsidies to all failing companies. |
| Date | 23:35:11, March 28, 2008 CET | From | Pariah Idealism | To | Debating the Free Market Act |
| Message | Yes, but a tree will grow even if pruned back. I like metaphors! |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 118 | |||||
| no | Total Seats: 32 | |||||
| abstain | Total Seats: 0 |
| Random fact: Party organizations are eligible for deletion if they are over 50 in-game years old, do not have at least 1 active member or are historically significant and possess historically significant information. |
| Random quote: "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting that vote." - Unknown |