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Bill: Economic Non-Intervention Act
Details
Submitted by[?]: Rutanian Restoration 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: May 2661
Description[?]:
| The government has no business bailing out failing industries. Taxpayers should not have to pay for corporate greed. |
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 | 20:25:28, November 05, 2008 CET | From | Grand Liberal Party | To | Debating the Economic Non-Intervention Act |
| Message | The GLP thinks that the current law is the best one. It isn\'t just every industry we will be bailing out, it is the ones that provide vital goods and services. Imagine a Rutania - although this is unlikely to happen - where all the food suppliers eventually went bankrupt, and when people tried to open a new one, they failed because they didn\'t have enough money to do so. We need to be able to bail out companies, but only ones that provide these types of vital needs, which is the way it currently is. Tom Fahey Leader of the Grand Liberal Party. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 351 | |||
| no |
Total Seats: 248 | |||
| abstain | Total Seats: 0 |
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