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Bill: Financial System Overhaul
Details
Submitted by[?]: Liberal 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: June 2817
Description[?]:
| This Act is specifically designed to Liberalize, and expand the economy while not "ripping the band-aid off" as was done in Russia in the 20th Century to very little success. |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: All advertising is prohibited.
Current: All advertising is permitted.
Proposed: Only advertising that meets certain set standards is permitted.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates and owns all banks.
Current: The government operates large, national banks, but small community based private banks are allowed.
Proposed: The government operates a central bank and all other banks are private.
Article 3
Proposal[?] to change The government's policy towards fireworks.
Old value:: The sale of fireworks is unregulated, anyone may buy them.
Current: Local governments determine fireworks laws.
Proposed: Local governments determine fireworks laws.
Article 4
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors are not allowed to invest in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 5
Proposal[?] to change The right to gamble.
Old value:: Only small-scale gambling is allowed, involving limited amounts of money; casinos are illegal.
Current: Gambling is legal, but only in private homes and casinos with special licences.
Proposed: The legality of gambling is a matter of local governments.
Article 6
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: All industry is owned and operated by the state.
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.
Article 7
Proposal[?] to change Secondary strike action.
Old value:: Any trade union can go on a sympathy strike in support of other striking workers.
Current: Any trade union can go on a sympathy strike in support of other striking workers.
Proposed: Secondary strike action is illegal. Workers and unions can only go on strike for their own pay and conditions.
Debate
These messages have been posted to debate on this bill:
| Date | 03:18:58, September 13, 2009 CET | From |   Nacia Repuvlican partio de Kobura | To | Debating the Financial System Overhaul |
| Message | Great proposals |
| Date | 01:44:59, September 14, 2009 CET | From | Party of Marxist Unification | To | Debating the Financial System Overhaul |
| Message | Ridiculous proposals, which only meet the standards of Selfish tyranical parties such as yours. |
| Date | 04:08:34, September 14, 2009 CET | From | Liberal Party | To | Debating the Financial System Overhaul |
| Message | That is somewhat funny, as the vast majority of these proposals at one point or another made it through your government, on which you abstained, perhaps you neglected your duty? Or was it you agreed? I think the people of Cobura deserve an answer, or perhaps they don't care to listen and that is why you are now the opposition. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 281 | ||
| no | Total Seats: 220 | ||
| abstain | Total Seats: 0 |
| Random fact: Terra, the fictional world in which Particracy is set, consists of 8 continents: Artania, Dovani, Keris, Makon, Majatra, Seleya, Temania and Vascania. |
| Random quote: "The superior man, when resting in safety, does not forget that danger may come. When in a state of security he does not forget the possibility of ruin. When all is orderly, he does not forget that disorder may come. Thus his person is not endangered, and his States and all their clans are preserved." - Confucius |