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Bill: Industrial Welfare Act 3262
Details
Submitted by[?]: People's Independence Party
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: February 3263
Description[?]:
| We must ensure the well-being of our citizens by nationalising failing industries that provide essential services. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Debate
These messages have been posted to debate on this bill:
| Date | 21:28:52, February 21, 2012 CET | From |  Endralon Graenix Party | To | Debating the Industrial Welfare Act 3262 |
| Message | Graenix does not support this bill. It is not the government's business to swoop in like Superman and save these businesses from themselves. The question has to be asked why these businesses have failed in the first place, because of their own faulty practices. This proposed law is an endorsement to the type of risky and idiotic moves that crash markets. |
| Date | 02:37:16, February 22, 2012 CET | From | Social Market Party | To | Debating the Industrial Welfare Act 3262 |
| Message | I agree whenever I hear the word "welfare" I know it's gotta be something bad. Don't give money to corporations that have failed! |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 105 | |||||
| no |
Total Seats: 177 | |||||
| abstain | Total Seats: 19 |
| Random fact: Players must never be asked for their Particracy password. This includes Moderation; a genuine Moderator will never ask for your password. |
| Random quote: "Plans to protect air and water, wilderness and wildlife are in fact plans to protect man." - Stewart Udall |