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Bill: Banking Reform Act 3071
Details
Submitted by[?]: Liberal Democratic 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 3072
Description[?]:
| An act authorizing the creation of a central bank. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates a central bank and all other banks are private.
Debate
These messages have been posted to debate on this bill:
| Date | 18:30:29, February 05, 2011 CET | From | People's Alliance | To | Debating the Banking Reform Act 3071 |
| Message | We support this bill. Banking oversight is extremely important if we want to avoid an economic catastrophe. I reckon the central bank exclusively issues currency? |
| Date | 18:49:30, February 05, 2011 CET | From | Plaid Geidwadol Traddodiadol (PGT) | To | Debating the Banking Reform Act 3071 |
| Message | Mr. Speaker, In order for a perfectly competitive market model to exist, the government must stay out of the economy as much as possible. The PCM system is the best system to maximize profits and long term growth. Also, the finance ministry already issues the Alorian currency, the Alorik. I yield. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 520 | |||||
| no | Total Seats: 230 | |||||
| abstain |
Total Seats: 0 |
| Random fact: Particracy is set in the fictional world of Terra, which mirrors the real world of today and yet is not quite like it. |
| Random quote: "Colonialism or imperialism, as the slave system of the West is called, is not something that is just confined to England or France or the United States. The interests in this country are in cahoots with the interests in France and the interests in Britain. It's one huge complex or combine, and it creates what's known not as the American power structure or the French power structure, but an international power structure. This international power structure is used to suppress the masses of dark-skinned people all over the world and exploit them of their natural resources." Malcolm X |