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Bill: Bank of Telamon 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: July 3267
Description[?]:
| This bill will establish the Bank of Telamon as the country's central bank and with the power to issue currency and to act as a lender of last resort. This central bank will necessary remain under the control of the state. However, all other banks will be privatised as we do not believe that it is the place of state to provide banking services. This is better left to the private sector. Private banks, will of course continue to be regulated To ensure that they Deere to fair and ethical trading and lending practices. Charles Fox ULA Leader |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates large, national banks, but small community based private banks are allowed.
Current: The government operates and owns all banks.
Proposed: The government operates a central bank and all other banks are private.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||
| yes |
Total Seats: 480 | |||||
| no | Total Seats: 201 | |||||
| abstain | Total Seats: 0 |
| Random fact: Voters have an extra appreciation for bills that actually get passed, so if you want to maximally take profit from your votes, make sure you compromise with others. |
| Random quote: "Without opposition there is no politics." - Alun Daffys, former Alorian politician |