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Bill: A Better Bailout

Details

Submitted by[?]: Alorian Populist Party (DemCoa)

Status[?]: passed

Votes: This bill proposes to change the allocation of funds in the budget. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.

Voting deadline: July 2721

Description[?]:

Allocations: 3 Billion for RockyGroup, with an additional 1 Billion specifically allocated for RockyBank, 2 Billion to be loaned to other banks, at the discretion of the Minister of Finance based on the Minister's assessment, 2 Billion for Fjord Motors, and 1 Billion for RockyLabor, to help them buy old Rockyfeller assets in Rockygroup (which needs to be done in order to keep the economy from further falling apart, the sale has not yet bee officiated) and 1 Billion for the Alorian Farmer's Market.

Provisions for oversight: Every business/bank/industry that receives money from the government must send representatives every week to update the Ministers of Trade and Industry (for Rockygroup, Fjord, Alorian Farmer's Market) and Finance (Rockybank, other banks) on how they are spending the money, the respective ministers then reserve the right to veto an expenditure. The updates given to the ministries will also be sent to the members of Congress, who can propose legislation that also vetos an expenditure, provided it passes with a majority of the votes in Congress.

Proposals

Debate

These messages have been posted to debate on this bill:

Date00:45:27, March 05, 2009 CET
FromNew Aloria Party (NAP)
ToDebating the A Better Bailout
MessageI think you hit everything.

Date01:36:26, March 05, 2009 CET
FromCommunist Party of Aloria
ToDebating the A Better Bailout
MessageGood, but not great. How about the government also sends representatives to review how the companies are being run, seeing as they are the ones who got us into this mess?

Date01:48:51, March 05, 2009 CET
FromAlorian Populist Party (DemCoa)
ToDebating the A Better Bailout
MessageInteresting idea. Feel free to propose that in your own bill, that the ministries of finance and T and I send representatives to review expenditures, and the Populist Party shall vote for it.

Date01:52:44, March 05, 2009 CET
FromCommunist Party of Aloria
ToDebating the A Better Bailout
MessageWith that in mind, we will support.

Date01:54:20, March 05, 2009 CET
FromCommunist Party of Aloria
ToDebating the A Better Bailout
MessageAlso, we'll propose the bill as soon as this passes.

Date01:59:22, March 05, 2009 CET
FromAlorian Populist Party (DemCoa)
ToDebating the A Better Bailout
Messagegood. Thank you.

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Voting

Vote Seats
yes
    

Total Seats: 433

no

    Total Seats: 0

    abstain
        

    Total Seats: 317


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