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Bill: Coalition Vote : Industrial Policy
Details
Submitted by[?]: Hutorian Conservative 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: May 3104
Description[?]:
| The Hutorian Conservative Party is calling for a coalition vote under the regulations outlined in the Coalition Cabinets Bill (http://classic.particracy.net/viewbill.php?billid=306109). The vote has been called for by the Minister for Trade and Industry, Rt Hon Karl Stephenson MP. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Debate
These messages have been posted to debate on this bill:
| Date | 10:10:42, April 07, 2011 CET | From | Hutorian Conservative Party | To | Debating the Coalition Vote : Industrial Policy |
| Message | Rt Hon Karl Stephenson MP, Trade and Industry Minister, Mr Speaker, seeing as this is an important matter and a coalition vote, we shall leave the Bill open to debate for a couple of months before we call for the crucial vote. I believe all parties should be allowed to voice their opinions on the issue and i believe the people of Hutori want to hear them also. Mr Speaker, the Hutorian Conservatives are proposing this Bill simply because we believe that state intervention into the economy is a disastrous road to economic despair. The state should not have to bail out industries, regardless of stature. The markets will always balance out the economy of Hutori. The state should not have to pay for the incompetence of those who run their businesses into the ground. It is unfair on the taxpayers and stupid for the state to save poorly run industries and as such, even when bailed out, there is no reform to stop them from going bankrupt again. Mr Speaker, if a business fails, then there is a good reason for it. Either there is no market for it, or it is poorly operated. Each is a good enough reason for the Hutorian taxpayer not to bail out or subsidise industries that are not profitable. I believe the Hutorian people would rather see their taxes paid on schemes of education, health and so forth and not on saving industries and businesses that are destined to fail! |
| Date | 18:41:51, April 07, 2011 CET | From | Hutori Reformists | To | Debating the Coalition Vote : Industrial Policy |
| Message | Although PA is not member of coalition, we will support this bill. |
| Date | 23:49:42, April 07, 2011 CET | From | Hutorian Conservative Party | To | Debating the Coalition Vote : Industrial Policy |
| Message | Rt Hon Duke Liam Quinlan, Hutorian Conservatives Leader, Mr Speaker, i cannot stress enough to our Liberal Party colleagues how important this issue is to our party. This Bill is a crucial aspect of HCP policy and its seriousness is highlighted by the fact we have called for a coalition vote - one of only two permitted between general elections. I can assure as Leader of the Hutorian Conservative Party that should the Liberal Party need a reform passed, the HCP will ALWAYS answer their coalition vote, because we place trust and co-operation between our coalition partners at the forefront of cabinet government. |
| Date | 11:32:51, April 10, 2011 CET | From | Republican Party | To | Debating the Coalition Vote : Industrial Policy |
| Message | Mr. Speaker, The Social Democratic Party is more than willing to support this proposal. |
| Date | 16:32:44, April 10, 2011 CET | From | United Civic Alliance | To | Debating the Coalition Vote : Industrial Policy |
| Message | Mr. Speaker, Though the Imperial Democrats would like to join up with the HCP in the future, we do not support this proposal. The fact does remain that the businesses that fail are often mismanaged, but the old policy has specific wording: "by nationalizing failing industries that provide vital goods or services." This is very specific. The government would only intervene if the industry is considered vital to the national economy, not if it is some tiny company which does nothing but mismanage itself. These companies would be along the lines of massive multinational financial institutions which provide money to gigantic swathes of the population. I yield. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 158 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 233 |
| Random fact: Voters have an extra appreciation for bills that actually get passed, so if you want to maximally take profit from your votes, make sure you compromise with others. |
| Random quote: "He who wishes to be obeyed must know how to command." - Niccolo Machiavelli |