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Bill: Strategic Industry Act
Details
Submitted by[?]: Populist Liberal 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: March 2115
Description[?]:
| Whereas, We cannot go the laissez-faire route with industries the nation desperately needs, but Whereas, we do not wish to greatly increase the amount of nationalized industries, but Whereas, industries should not receive the corporate welfare of subsidies if they are failing, We hereby proposed that the government nationalize failing strategic industries as a last resort, ending subsidies to them, AND seeking to return them to private owneship if and when it becomes feasable to do so. |
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 | 23:06:57, September 21, 2005 CET | From |  Populist Liberal Party | To | Debating the Strategic Industry Act |
| Message | We still think our current policy is insane, and while we said something about the same issue in the same session, we hope that our goal, in the bill description, of returning them to private hands might win over some swing parties. |
| Date | 00:04:18, September 22, 2005 CET | From | Kanjoran People's Party | To | Debating the Strategic Industry Act |
| Message | I thought this same proposal just failed? |
| Date | 00:05:32, September 22, 2005 CET | From | Kanjoran People's Party | To | Debating the Strategic Industry Act |
| Message | Oh I should have farther into the debate. But I think I may remain opposed despite alteration though I am now also more open to it. |
| Date | 01:41:17, September 22, 2005 CET | From | Kanjoran Imperial Party | To | Debating the Strategic Industry Act |
| Message | It sort of makes sense. However, it allows for powerful corporations to buy up national companies at auctions and form a monopoly if, for instance, a number of nationalized companies were being resold. Also, from my point of view, the re-privatization part is not ensured (it's only in the description). It also won't make me look very good to my supports. I probably will vote no. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 63 | ||||
| no |
Total Seats: 377 | ||||
| abstain | Total Seats: 0 |
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