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Bill: Emergency Nationalisation Allowance Act 2983
Details
Submitted by[?]: Coalition for National Unity [CNU]
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: May 2984
Description[?]:
| Senator Christian Niras, Shadow Finance Secretary. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government subsidizes private enterprises that face bankruptcy.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
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:
| Date | 12:22:19, August 13, 2010 CET | From |  Sue's Corner | To | Debating the Emergency Nationalisation Allowance Act 2983 |
| Message | Whilst we see the merit for this legislation, we would prefer it if the government remained as a subsidizer. If the government were to step in everytime a vital good or service was to collapse, we would never stop nationalizing, what is detirmined as a vital service anyway, and finally the cost of this could potentially be huge on the taxpayer and the public purse. In the interests of indiviudalism, freedom, a free market state and big business/min state, we oppose. Jock Stewart, Shadow Finance. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 60 | ||||
| no | Total Seats: 33 | ||||
| abstain | Total Seats: 7 |
| Random fact: Real-life quotations may be used in Particracy, but the real-life speaker or author should always be referenced in an OOC (out-of-character) note alongside the quotation. |
| Random quote: "He that would make his own liberty secure, must guard even his enemy from opposition; for if he violates this duty he establishes a precedent that will reach himself." - Thomas Paine |