We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Foreign Investments (Majority Shares) Act
Details
Submitted by[?]: Reform 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: September 2935
Description[?]:
| The Reform Party views unfettered foreign investment in Rutanian companies as destructive to national sovereignty. The more Rutanian companies with majority foreign shares, the more of the nation's productive capacity will be foreign-owned and controlled, impinging its autonomy and self-sufficiency. Allowing foreign companies to gain majority shares in Rutanian companies also carries the obvious risk of outsourcing, potentially resulting in thousands of lost jobs and factory closures. For the aforementioned reasons, the Reform Party proposes that foreign investment in Rutanian companies be restricted so that foreign companies cannot gain majority shares. |
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 invest in national companies, but may not get a majority share.
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 | 12:33:34, May 07, 2010 CET | From | Freedom Party | To | Debating the Foreign Investments (Majority Shares) Act |
| Message | We will support. Valerie Atkins Freedom Party Ldr |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||
| yes |
Total Seats: 231 | |||
| no |
Total Seats: 153 | |||
| abstain | Total Seats: 116 |
| Random fact: Culturally Open nations can adopt advisory/non-enforceable Nation Descriptions. See http://forum.particracy.net/viewtopic.php?f=5&t=6242 |
| Random quote: "If man asks for many laws, it is only because he is sure that his neighbor needs them; privately he is an unphilosophical anarchist, and thinks laws in his own case superfluous." - Will Durant |