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Bill: Industry deregulation act
Details
Submitted by[?]: Individualism 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: November 2755
Description[?]:
| Government involvement with our banking system and industries should be ended. |
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 and owns all banks.
Proposed: All banks are privately owned.
Article 2
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Debate
These messages have been posted to debate on this bill:
| Date | 21:29:54, May 12, 2009 CET | From | Individualism Party | To | Debating the Industry deregulation act |
| Message | We should not reward bad behaviour by bailing out irresponsible companies. This only hurts the well-run companies and tax payers. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 231 | |||
| no | Total Seats: 223 | |||
| abstain | Total Seats: 47 |
| Random fact: Players are expected to play the game independently and should not share their passwords or allow others to access their accounts. |
| Random quote: "Socialism failed because it couldn't tell the economic truth; capitalism may fail because it couldn't tell the ecological truth." Lester Brown, Fortune Brainstorm Conference, 2006 |