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Bill: Economic Deregulation Act
Details
Submitted by[?]: United Liberal Alliance
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 3254
Description[?]:
'In introducing this bill, we seek to begin to dismantle the economic bureacracy of the previous communist regime and to begin on the road to opening Telamon up to business and to economic prosperity.' John Simon Leader of Telamon |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates and owns all banks.
Current: The government operates and owns all banks.
Proposed: The government operates a central bank and all other banks are private.
Article 2
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors are not allowed to invest in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Article 3
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: All industry is owned and operated by the state.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 4
Proposal[?] to change The government's stance on a salary cap.
Old value:: The government enforces a salary cap.
Current: The government enforces a salary cap.
Proposed: The government has no stance on a salary cap.
Article 5
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are banned.
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:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 550 | |
no | Total Seats: 200 | |
abstain | Total Seats: 0 |
Random fact: Particracy allows you to establish an unelected head of state like a monarch or a president-for-life, but doing this is a bit of a process. First elect a candidate with the name "." to the Head of State position. Then change your law on the "Structure of the executive branch" to "The head of state is hereditary and symbolic; the head of government chairs the cabinet" and change the "formal title of the head of state" to how you want the new head of state's title and name to appear (eg. King Percy XVI). |
Random quote: "Communism, like any other revealed religion, is largely made up of prophecies." - H. L. Mencken |