We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Against gambling with higher stakes act - CPT
Details
Submitted by[?]: Communist Party of Telamon
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: July 3267
Description[?]:
| Because there is much more at stake in our economy then just a couple of Telamonian Pounds we suggest that stocks will be abolished. How can a company decently function if there are shareholders pushing for quick profits as opposed too long term proper goals. |
Proposals
Article 1
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 banned.
Debate
These messages have been posted to debate on this bill:
| Date | 02:56:01, March 01, 2012 CET | From | Catholic Political Union | To | Debating the Against gambling with higher stakes act - CPT |
| Message | Mr. Speaker, Stock exchanges have been a boon to our economy, and banning them would be a big step backwards. We agree on the need to regulate them closely, but what is being proposed here is totally unacceptable. Leroy Adams (Chairman of the CPU) |
| Date | 22:08:07, March 01, 2012 CET | From | Communist Party of Telamon | To | Debating the Against gambling with higher stakes act - CPT |
| Message | Mr. Speaker, As so-called 'capitalists' you should agree that companies must stand on their own merrit, and not on the merrits of others people. Only this will create - thinking from your perspective - real competition, rather then quick profits for shareholders. |
| Date | 01:00:06, March 02, 2012 CET | From | Catholic Political Union | To | Debating the Against gambling with higher stakes act - CPT |
| Message | Mr. Speaker, In order to achieve their potential, companies need to be able to raise funds for investment. Floating shares on the stock exchange is one way to do that. If we deny them that opportunity, we will stifle our economy. Leroy Adams (Chairman of the CPU) |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | ||||||
| yes | Total Seats: 79 | ||||||
| no |
Total Seats: 602 | ||||||
| abstain | Total Seats: 0 |
| Random fact: Whilst the use of non-English languages can be appropriate for nation names, party names, constitutional titles and other variables, English is the official language of communication in the game. All descriptive texts and public communications should be in English or at least appear alongside a full English translation. |
| Random quote: "Power corrupts. Absolute power is kind of neat." - Don Reagan |