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Bill: Market Responsibility Act
Details
Submitted by[?]: Radical 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: August 2616
Description[?]:
| Telamon must encourage a market where businesses take responsibility for their own failure, and the government does not bail them out of failure. This will create a truly thriving market. Maria Snowdon Finance Minister |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: Certain industries are owned by the state, all others are under private ownership.
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 | 12:14:09, August 04, 2008 CET | From | Democratic Capitalist Delegation | To | Debating the Market Responsibility Act |
| Message | Although we prefer the middle ground between the current law and the one proposed in this bill, we find the proposed law to be a lesser evil than the current one. Daunte Woodson Chairman Democratic Capitalist Delegation |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 250 | ||||
| no |
Total Seats: 222 | ||||
| abstain | Total Seats: 29 |
| Random fact: References to prominent real-life persons are not allowed. This includes references to philosophies featuring the name of a real-life person (eg. "Marxism", "Thatcherism", "Keynesianism"). |
| Random quote: "Democrats couldn't care less if people in Indiana hate them. But if Europeans curl their lips, liberals can't look at themselves in the mirror." - Ann Coulter |