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Bill: Foreign Investment Act
Details
Submitted by[?]: Hutorian Conservative Party
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: March 2907
Description[?]:
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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 need to obtain government approval for all investments 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 | 00:12:39, March 12, 2010 CET | From |  Hutorian Conservative Party | To | Debating the Foreign Investment Act |
| Message | Mr Speaker, we call on the other parties, the parties who care about the condition this nation has fallen into under David Craddock and the CLP to vote for this bill. The Hutorian companies should be run by people from this nation, it is a fairly basic principal. There will obviously be foreign investment allowed but these investors should not be allowed to run Hutorian companies and control the destinies of our Hutorian workers? Mr Speaker, the current government and more specifically the CLP, are just simply interested in the profit line. They do not care about the people but the amount of money being generated by these foreign billionaire investors who are only interested in Hutorian businesses to make quick money! The CLP's policies are grossly inadequate and they should be removed from office Mr Speaker! |
| Date | 10:48:23, March 12, 2010 CET | From | Conservative-Libertarian Party (UM) | To | Debating the Foreign Investment Act |
| Message | Mr Speaker, of course we are interested in the amount of money being generated. It is that money that provides jobs, new machinery, new factories, higher wages, profit shares, private pension funds, greater facilities, thereby improving both the working lives of our people, but also their leisure time. Mr Speaker, why should the government put up artificial barriers stopping foreign investors from purchasing our companies? Surely, if that saves the company from bankruptcy, it is best for everyone. If it improves standards, then it is best for everyone. There is nothing more to this bill than narrow xenophobia and economic protectionism. |
| Date | 17:06:22, March 12, 2010 CET | From | Hutorian Conservative Party | To | Debating the Foreign Investment Act |
| Message | Mr Speaker, and the CLP have the nerve to call us the Party of the Corporations! They are here voting against this Act to see Hutorian business in foreign hands. The CLP is just here to oversee the exploitation of the Hutorian citizen |
| Date | 18:07:22, March 12, 2010 CET | From | Conservative-Libertarian Party (UM) | To | Debating the Foreign Investment Act |
| Message | Mr Speaker, what nonsense do the HNP speak?! This bill simply protects vested interests, ie. those incompetent corporation bosses that, under this bill, would be at the top until kingdom come. Mr Speaker, the HNP simply seek to protect the businessmen who are already there, for the narrow ideological reason of race. |
| Date | 18:15:26, March 12, 2010 CET | From | Hutorian Conservative Party | To | Debating the Foreign Investment Act |
| Message | Mr Speaker, clearly our position ia continuously misconscrued by the CLP. We want Hutorian businesses to be run by people from this nation and it is a matter of principal. If business leaders are incompetent then they will be removed and replaced, this is simply the CLP making up nonsense to justify their immoral position. |
| Date | 18:23:08, March 12, 2010 CET | From | Conservative-Libertarian Party (UM) | To | Debating the Foreign Investment Act |
| Message | Who shall remove and replace them Mr Speaker? It is now the job of government to choose who to run business? Mr Speaker, I must ask the HNP what they would do if a business leader and board were retiring and a buyer from this country could not be found, but there was a queue of people from abroad wishing to purchase the country? The answer, Mr Speaker, is that rather than find a solution in the private sector, the HNP would wish to have the industry nationalised, make workers dependent on the state whilst making the industry inefficient and unmanageable. Mr Speaker, under a HNP government, we would be bankrupt in days. |
| Date | 18:27:57, March 12, 2010 CET | From | Hutorian Conservative Party | To | Debating the Foreign Investment Act |
| Message | Mr Speaker, clearly the government would have no say in that. If someone is incapable of running a business then the other shareholders will force them out and install someone who knows what they are doing. It is a shame we cannot do this with David Craddock however! [sound of backbench laughter] |
| Date | 18:31:23, March 12, 2010 CET | From | Conservative-Libertarian Party (UM) | To | Debating the Foreign Investment Act |
| Message | Then why, Mr Speaker, would the HNP stop those shareholders from choosing a foreign option? I truly think that most of the country will be baffled by that. As for the position of the Prime Minister, Mr Speaker, he has a majority of support in this House. The words that the HNP chose did suggest they favour an insurrection if not revolution Mr Speaker. I trust that they shall be reminded in private that they should be upholding the principles of parliamentary democracy rather than attempting to subvert that system. |
| Date | 18:39:36, March 12, 2010 CET | From | Hutorian Conservative Party | To | Debating the Foreign Investment Act |
| Message | Mr Speaker, the HNP will not conform to the CLP's "Parliamentary ways". We will proceed as we feel necessary and the Prime Minister's position is very precarious. I believe that we will do what is needed to remove the corrupt David Craddock from office! |
| Date | 19:09:16, March 12, 2010 CET | From | Conservative-Libertarian Party (UM) | To | Debating the Foreign Investment Act |
| Message | Mr Speaker, it looks like we have it on the record that the HNP is not committed to parliamentary democracy, and are willing to carry out a revolution and install a dictatorship in place of the legitimate and constitutional parliamentary government. Mr Speaker, this is extremely worrying. |
| Date | 19:14:27, March 12, 2010 CET | From | Hutorian Conservative Party | To | Debating the Foreign Investment Act |
| Message | Mr Speaker, We did not state we want a revolution. We did not state we wanted a dictatorship. We also did not state we are not committed to parliamentary democracy. We feel that only so much pressure can be applied through Parliament, you could say Mr Speaker, we are persuing extra-parliamentary methods. Yet again, Mr Speaker, more scaremongering by the CLP and im sure we are not the only party who are getting sick and tired of hearing the same broken record that is the CLP. |
| Date | 19:24:05, March 12, 2010 CET | From | Conservative-Libertarian Party (UM) | To | Debating the Foreign Investment Act |
| Message | Mr Speaker, the HNP keep accusing us of scaremongering and yet every one of our statements about them is based on what they have to say and the policies they propose. If they don't like this, then they need to think before they speak and check what they are proposing. Mr Speaker, the HNP said that they "will not conform to the CLP's 'Parliamentary ways'". Mr Speaker, you must forgive us if this sounds like an attack on parliamentary democracy. In response to our worry that that they were possibly trying to subvert the parliamentary system and commit an insurrection or a revolution, they said that "We will proceed as we feel necessary...I believe that we will do what is needed to remove the corrupt David Craddock from office". Mr Speaker, this statement speaks for itself. |
| Date | 19:33:47, March 12, 2010 CET | From | Hutorian Conservative Party | To | Debating the Foreign Investment Act |
| Message | Samuel Haskins MP, HNP Deputy Leader: Mr Speaker, my oratory skills must be that good if the CLP are scared of the HNP's attitude. Or perhaps it is the CLP just speculating beyond what i have said and are reading too deeply into the situation. We do believe, Mr Speaker, that David Craddock should be removed from office, but is that not the whole point of having an opposition. The CLP have to realise that they are not the only ones who have their eyes on the Prime Ministers office and we have already been negotiating with parties within the UM about joining us. We shall not name names Mr Speaker. Mr Craddock is only in office because of the four parties propping up his regime. It is a sad sight in democracy when the largest representation of the peoples views has to be in opposition, but i suppose Mr Craddock does not care about the people as we have seen with him and his partys attitute towards the companies. Mr Speaker, me and all my colleagues in the HNP feel that the UM is on the brink and so is the CLP. We will continue to expand our party and we will form the next government whether the CLP like it or not! |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 152 | |||
| no |
Total Seats: 169 | |||
| abstain | Total Seats: 70 |
| Random fact: It is the collective responsibility of the players in a nation to ensure all currently binding RP laws are clearly outlined in an OOC reference bill in the "Bills under debate" section of the nation page. Confusion should not be created by displaying only some of the current RP laws or displaying RP laws which are no longer current. |
| Random quote: "The only difference between the Republican and Democratic parties is the velocities with which their knees hit the floor when corporations knock on their door. That's the only difference." - Ralph Nader |