We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Rutanian Economic Reform Bill of 2698
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: June 2700
Description[?]:
| This bill is reduce government intervention in the economy and to promote a healthier capitalist environment, which will in turn greatly aid the development of the economy. Article 1: The government needs to stay out of banking. Taxpayer money should not be funding a bank. Article 2: Lower corporate taxes promote growth. Besides, we have a massive surplus. Article 3: The government should never step in to fund an enterprise. The citizens don't want to be funding the "Golden Parachute" of some billionaire executive. Article 4: Yes, speculation may happen, but less regulation encourages more investment and a great flow of money. Article 5: Every union member should have their voice heard before a strike action is put in motion. Otherwise it defeats the purpose of joining a union. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 7
Current: 26
Proposed: 5
Article 3
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.
Article 4
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed and are unregulated.
Article 5
Proposal[?] to change Trade union strike ballots.
Old value:: Trade unions are not required by law to hold a ballot before striking.
Current: Trade unions must by law hold a ballot of all members before going on strike, majority approval of those that vote is needed from its members.
Proposed: Trade unions must by law hold a ballot of all members before going on strike, majority approval of those that vote is needed from its members.
Debate
These messages have been posted to debate on this bill:
| Date | 14:22:22, January 20, 2009 CET | From | National Equality Party | To | Debating the Rutanian Economic Reform Bill of 2698 |
| Message | We will agree with articles 2, 3, and 6. We will not support the rest however as it greatly reduces the government's ability to ensure a safe, fair market. |
| Date | 14:46:13, January 20, 2009 CET | From | Kazari Militarist Movement | To | Debating the Rutanian Economic Reform Bill of 2698 |
| Message | Whats wrong with regulated child labor? A 16 year old grocery bagger, child actor, baby sitter, family business helper...that shouldn't be a crime, I can understand not allowing them to work in factories or plants, but there are some careers that are ideal to the youth, that helps them learn good worth ethics and jobs can give children something to during the summer or after school and give them lessons in financial responsibilties However, we agree with the rest. |
| Date | 14:48:56, January 20, 2009 CET | From | Kazari Militarist Movement | To | Debating the Rutanian Economic Reform Bill of 2698 |
| Message | You can count on support from the Kazari movement -Byron Elfrink, CEO of the Kazari Banking Corp |
| Date | 17:14:53, January 20, 2009 CET | From | Rutanian Restoration Party | To | Debating the Rutanian Economic Reform Bill of 2698 |
| Message | The Orange Party sees your point on Child Labor. We shall remove that article from the bill. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | ||
| yes | Total Seats: 279 | ||
| no |
Total Seats: 195 | ||
| abstain |
Total Seats: 125 |
| Random fact: Did you know you can change the official name of your nation? All you need to do is draw up a new name that is in accordance with the Nation Renaming Guide, pass a bill proposing the name change with a two-thirds majority and then post a request to Moderation on the "Renaming Requests" thread. You can change city and region names in this way too. |
| Random quote: "He who will not economize will have to agonize." - Confucius |