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Bill: Economic Privatisation
Details
Submitted by[?]: National Socialist 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: April 2731
Description[?]:
| While it is indeed a necessity for our Government to control a central back, with a state decided national rate of inflation, to secure our economic advancement and protect our industry from recession, you must also see the enormous benefits of allowing the banking sector in Solentia to privatise. Private and commercial banking groups are the fastest, most lucrative way to swell GDP and economic stimulation. Our nation is advancing, but with a nationalised economy, which is nearly what we are looking at, there is no chance of stimulated competition in the market. Perhaps then, keeping a central bank with regulations to secure our economic stability in the future, we should look at allowing commercial investment into our banks and begin encouraging the stock markets to grow. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates and owns all banks.
Current: All banks are privately owned.
Proposed: The government operates a central bank and all other banks are private.
Debate
These messages have been posted to debate on this bill:
| Date | 22:02:21, March 24, 2009 CET | From |  Solentian Industrial Council | To | Debating the Economic Privatisation |
| Message | "This is indeed a step in the right direction. Although we would prefer an absolute separation of the banking system and the federal government, this appears to be the best solution for the current time." P. Schuyler, 2730 |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 205 | ||||||
| no | Total Seats: 153 | ||||||
| abstain |
Total Seats: 67 |
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