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Bill: Market Deregulation
Details
Submitted by[?]: Grand National 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: October 3247
Description[?]:
We must seek to create jobs, wealth and prosperity by abolishing regulations on the economy. Laissez-faire Capitalism is the best way to reach these aims. Hans Kaltenberg GNP Spokesman for Trade and Industry |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: Only advertising that meets certain set standards is permitted.
Proposed: All advertising is permitted.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Article 3
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private companies but the prices they can charge are regulated.
Current: Energy is provided by private companies but the prices they can charge are regulated.
Proposed: Energy is provided by private companies which are not subject to any special regulations.
Article 4
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors need to obtain government approval for all investments in national companies.
Current: Foreign investors may invest in national companies, but may not get a majority share.
Proposed: Foreign investors may freely invest in national companies.
Article 5
Proposal[?] to change The right to gamble.
Old value:: Gambling is legal, but only in private homes and casinos with special licences.
Current: Gambling is legal, but only in private homes and casinos with special licences.
Proposed: Gambling is legal across the nation, no regulation whatsoever.
Article 6
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.
Article 7
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Current: There shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
Proposed: There shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
Article 8
Proposal[?] to change The government's policy concerning phone services.
Old value:: The state regulates the rates providers can charge for phone service.
Current: The state regulates the rates providers can charge for phone service.
Proposed: There are no regulations on phone service.
Article 9
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed and are unregulated.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 134 | ||
no | Total Seats: 116 | ||
abstain | Total Seats: 0 |
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