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Bill: Banking Reform Act
Details
Submitted by[?]: Working Families 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: September 2609
Description[?]:
| The free market cannot be trusted to care for the people of Lodamun. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
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.
Debate
These messages have been posted to debate on this bill:
| Date | 19:37:52, July 20, 2008 CET | From | The Liberal Party | To | Debating the Banking Reform Act |
| Message | We support. |
| Date | 23:27:59, July 20, 2008 CET | From | Lodamun Libertarian Party | To | Debating the Banking Reform Act |
| Message | Although you might not trust free markets, having the state own all banks wont change anything, because if something should happen with the economy, like a recession, then it wont matter if the banks are owned by the government or are privatly owned, your government owned bank will take just a big off a hit |
| Date | 04:17:20, July 21, 2008 CET | From | The Liberal Party | To | Debating the Banking Reform Act |
| Message | Wouldn't it be the same if we had private banks? All our money is going to be deposited in those banks. So, we would lose our money the same way we would if we had government-owned banks. Government banks provide more security to our people. |
| Date | 15:20:03, July 21, 2008 CET | From | Lodamun Libertarian Party | To | Debating the Banking Reform Act |
| Message | Thats what I said it would be the same. But governemnt banks do not provide more security, since the goverment will keep on going no matter what happens to the bank, while private banks only stay alive if the bank goes well, and therfore have a much bigger pressure on them to provide good and relible services |
| Date | 20:23:59, July 21, 2008 CET | From | The Liberal Party | To | Debating the Banking Reform Act |
| Message | I support this proposal because it is crazy not to have a central bank, simple as that. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 60 | ||
| no |
Total Seats: 85 | ||
| abstain | Total Seats: 5 |
| Random fact: Particracy has been running since 2005. Dorvik was Particracy's first nation, the Dorvik Social Democrats the first party and the International Greens the first Party Organisation. |
| Random quote: "I think one should not go fast, because if you make mistakes you don't realize what you've done." - Manuela Carmena |