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Bill: Protection of National Industry
Details
Submitted by[?]: Egelion Democrats
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: October 2850
Description[?]:
We hereby propose this bill to protect our local industry and its workforce from foreign investors. |
Proposals
Article 1
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may freely invest in national companies.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Debate
These messages have been posted to debate on this bill:
Date | 23:39:40, November 18, 2009 CET | From | Christian Social People's Party | To | Debating the Protection of National Industry |
Message | This level of protectionism is an unacceptable threat to our economic growth and vibrancy, and dangerously xenophobic. The CSPP extols all Egelion parties to vote against it. |
Date | 23:48:37, November 18, 2009 CET | From | Egelion Democrats | To | Debating the Protection of National Industry |
Message | We don't think that letting foreign companies own and operate our companies is a good idea. What exactly keeps them from buying up our companies only to close them down and outsource the jobs to nations with lower salaries? What will then happen to our national economy? This bill isn't over the line, it just makes sure that Egelion companies stay in Egelion ownership. |
Date | 23:50:46, November 18, 2009 CET | From | Christian Social People's Party | To | Debating the Protection of National Industry |
Message | What is to stop Egelion corporations from closing down factories and outsourcing to foreign countries? The CSPP finds the implications of the ED's argument shocking and offensive. |
Date | 23:51:42, November 18, 2009 CET | From | Power Centrist Party | To | Debating the Protection of National Industry |
Message | The PCP finds this to be an acceptable proposition. Foreign investors will still have a say in national companies. The only way that this would be xenophobic is if the proposition was to disallow foreign investors in general. |
Date | 23:54:39, November 18, 2009 CET | From | Christian Social People's Party | To | Debating the Protection of National Industry |
Message | How is it not xenophobic to disallow foreign investors to compete equally with Egelian ones because of what? Some prejudiced idea of some evil masterplan foreign investors supposedly have? Not to mention the devastation wrought upon corporate structures throughout Egelion. The CSPP finds the stance of the PCP equally bizarre as the stance of the ED. |
Date | 00:47:18, November 19, 2009 CET | From | SDLP/ Caillea Vinstri Bandalag | To | Debating the Protection of National Industry |
Message | While the SDLP doesn't exactly understand the CSPP's view of the xenophobic intent of this bill, we do agree that this bill goes too far |
Date | 05:49:31, November 19, 2009 CET | From | Egelion Leftist Front | To | Debating the Protection of National Industry |
Message | ELF feels that it would be better to keep corporate profits in Egelion than to export them abroad. |
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Voting
Vote | Seats | |||
yes |
Total Seats: 292 | |||
no | Total Seats: 308 | |||
abstain | Total Seats: 0 |
Random fact: Selucia is Particracy's modern take on Ancient Rome, located on the continent of Majatra. |
Random quote: "A cynic is a man who, when he smells flowers, looks around for a coffin." H. L. Mencken |