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Bill: Banking Reform
Details
Submitted by[?]: Red Tory 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 2608
Description[?]:
| Competition. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates and owns all banks.
Current: The government operates a central bank and all other banks are private.
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 | 05:59:11, July 17, 2008 CET | From | Spenocratic Party | To | Debating the Banking Reform |
| Message | all banks should be private!!!! OOC: heard the news about freedy and fanny, two govt-subsidized banks that recently got pwned? |
| Date | 06:22:49, July 17, 2008 CET | From | Berosian Party | To | Debating the Banking Reform |
| Message | Government-owned businesses tend to be both inefficient and costly. More private banks is a must. |
| Date | 07:43:20, July 17, 2008 CET | From | Commonwealth Workers Army | To | Debating the Banking Reform |
| Message | OOC: The GOP might like to look at the fact freddy and fanny are the tip of an iceberg, and were not the real problem in that case. The real problem now, is the IndyMac-type institutions, one of which has already required an emergency bail-out, and upto a hundred and fifty of which are expected to need the same kind of help, or else they'll fold. 'Competition' in banks is a joke. The purpose of a bank is to hold, and mobilise currency. You can't make that 'product' any cheaper than a government run industry (which is well regulated) could do it. Private banks are just a way of allowing venture capitalists to get rich off a service which can easily be provided 'free' by the government. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 38 | |||||
| no | Total Seats: 34 | |||||
| abstain | Total Seats: 3 |
| Random fact: In your Message Centre there is a really useful feature which allows you to subscribe to all of the bill debates in your nation. If you use that, then the "Watched Discussions" section will show you every time a new message has been posted on a bill. You can also subscribe to other pages you want to follow, such as your nation message-board, party organisations or bills outside your nation which you are interested in. |
| Random quote: "I have come to the conclusion that politics are too serious a matter to be left to the politicians." - Charles de Gaulle |