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Bill: Safety Net Act
Details
Submitted by[?]: National Imperial Hobrazian Front
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 2773
Description[?]:
| So as to ensure the stability of our nation in the wake of an enormous economic catastrophe, the Hobrazian Imperium shall act as an investor of last resort for the following industries should they face bankruptcy: Significant financial institutions Energy companies Telecommunication industries Additionally, a business may be bailed out with a majority approval by the Imperium Congress. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: The government subsidizes private enterprises that face bankruptcy.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 241 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 159 |
| Random fact: Dorvik is a nation based on Germanic and old Prussian cultures, it is located on the far north of Artania, making it an almost arctic nation. |
| Random quote: "I believe in an America where millions of Americans believe in an America that's the America millions of Americans believe in. That's the America I love." - Mitt Romney |