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Bill: Government Out of the Financial Sector Act
Details
Submitted by[?]: Roccato Anarcho-Syndicalist Union
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: May 2744
Description[?]:
| Government involvement in finance is detrimental. There ought to be no government-run banks and no regulation of stock exchanges. |
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 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: The government has no position on the proliferation of stock exchanges.
Debate
These messages have been posted to debate on this bill:
| Date | 02:16:14, April 19, 2009 CET | From | Federalist Minarcho-Capitalist Party | To | Debating the Government Out of the Financial Sector Act |
| Message | The FMCP would support completely. |
| Date | 19:09:45, April 19, 2009 CET | From | Modern Revolutionary Socialist Party | To | Debating the Government Out of the Financial Sector Act |
| Message | We oppose. The financial sector should be run for the good of the people (including bankers and other people in the financial sector) not to purely make a profit for themselves. History has shown repeatedly the financial sector has only it's interests at heart and this is often detrimental to society. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 292 | ||||
| no |
Total Seats: 359 | ||||
| abstain | Total Seats: 99 |
| Random fact: Zardugal is a nation based on the old Byzantine Empire, with a modern twist and the Esperanto language. Zardugal is located on the continent of Majatra. |
| Random quote: "God has cared for these trees, saved them from drought, disease, avalanches, and a thousand tempests and floods. But he cannot save them from fools." - John Muir |