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Bill: Stock Exchanges - Setting Ground Rules
Details
Submitted by[?]: United Liberal Caucus
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: August 3205
Description[?]:
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Proposals
Article 1
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed but are regulated.
Debate
These messages have been posted to debate on this bill:
| Date | 06:19:58, October 29, 2011 CET | From |  United Liberal Caucus | To | Debating the Stock Exchanges - Setting Ground Rules |
| Message | Capitalism is great, but capitalism run amuck is not. Our economy is based, in part, on the stock market and a full crash would devastate our people. Basic regulations, or ground rules, need to be establised inorder to protect our people from the worst parts of the markets.Otherwise what is to stop companies from misrepresenting earning, rigging their stock structure, or making financial bets that could corrupt and destory the entire system. |
| Date | 15:33:02, October 29, 2011 CET | From | Federal Republic Progressionist Party | To | Debating the Stock Exchanges - Setting Ground Rules |
| Message | That is a good point. The PSCP supports. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 158 | |||
| no |
Total Seats: 232 | |||
| abstain | Total Seats: 35 |
| Random fact: Real-life organisations should not be referenced in Particracy, unless they are simple and generic (eg. "National Organisation for Women" is allowed). |
| Random quote: "I am interested in politics so that one day I will not have to be interested in politics." - Ayn Rand |