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Bill: Intervention Into the Economy Act
Details
Submitted by[?]: Konstitutionelle Monarchie Partei
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: October 2702
Description[?]:
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Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: All industry is owned and operated by the state.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Debate
These messages have been posted to debate on this bill:
Date | 13:01:50, January 26, 2009 CET | From | Konstitutionelle Monarchie Partei | To | Debating the Intervention Into the Economy Act |
Message | Having no intervention in the economy is just as bad as every industry being owned by the national government; there is no good out of both options. This is just an irresponsible policy. |
Date | 23:40:26, January 26, 2009 CET | From | Liberaldemokratische Allianz | To | Debating the Intervention Into the Economy Act |
Message | This policy would create a moral hazard. |
Date | 02:35:58, January 27, 2009 CET | From | Konstitutionelle Monarchie Partei | To | Debating the Intervention Into the Economy Act |
Message | Simple oversight and the assistance of society benefiting companies is not immoral. Then what is this policy? If anything is a hazard its this radical non-intervention law we have to our economy. |
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Voting
Vote | Seats | ||
yes | Total Seats: 248 | ||
no | Total Seats: 370 | ||
abstain | Total Seats: 0 |
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