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: Banks and Exchanges Act of 2715
Details
Submitted by[?]: Unio enim si quis Motus Populi
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: February 2716
Description[?]:
| Creating a Central Bank of the Kundrati Union and allowing the provinces, if they see fit, to establish Stock Exchanges and regulate them to their discretion. |
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 a central bank and all other banks are private.
Article 2
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: The government has no position on the proliferation of stock exchanges.
Current: Stock exchanges are allowed but are regulated.
Proposed: This is left to the local governments.
Debate
These messages have been posted to debate on this bill:
| Date | 17:01:00, February 22, 2009 CET | From | Federal Capitalist Union (CC-DMF) | To | Debating the Banks and Exchanges Act of 2715 |
| Message | Mr. Speaker; I do not believe that any government has the right to affect its economy. I yield the floor. |
| Date | 23:19:59, February 22, 2009 CET | From | Unio enim si quis Motus Populi | To | Debating the Banks and Exchanges Act of 2715 |
| Message | Mr. Speaker, Government has every right, which is why we require government approval before foreign business invests in our businesses, and why we have protectionist tariffs. Protectionist tariffs are something we know the honorable members of the FCU have voted in favor of. Your statement is at best hypocritical. |
| Date | 02:46:07, February 23, 2009 CET | From | Freedom Party | To | Debating the Banks and Exchanges Act of 2715 |
| Message | Mr. Speaker, It is not ethical for the gov't to control the very means of its citizens. Tariffs are a red herring. We are on a gold standard in the Kundrati Union and so it shall remain. If the gov't is given the power of the currency, it will most certainly destroy the economy. We point as an example in the old history books of the United States of America on planet Earth and its ridiculously unethical practice of money inflation. Yield. |
| Date | 06:09:26, February 23, 2009 CET | From | Unio enim si quis Motus Populi | To | Debating the Banks and Exchanges Act of 2715 |
| Message | Pointing to the real United States, allowing banks to work as they have has worked wonders for us in the past few years. |
| Date | 21:32:53, February 23, 2009 CET | From | Freedom Party | To | Debating the Banks and Exchanges Act of 2715 |
| Message | OOC: Honestly UPM, gov't intervention has killed our economy. They have propped up spending that should not have been. We have misallocated resources due to the power of the federal gov't. Here's a good read, if you care: http://www.campaignforliberty.com/article.php?view=15 |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | ||||||
| yes | Total Seats: 36 | ||||||
| no |
Total Seats: 39 | ||||||
| abstain | Total Seats: 0 |
| Random fact: The Real-Life Equivalents Index is a valuable resource for finding out the in-game equivalents of real-life cultures, languages, religions, people and places: http://forum.particracy.net/viewtopic.php?f=11&t=6731 |
| Random quote: "It only takes 20 years for a liberal to become a conservative without changing a single idea." - Robert Anton Wilson |