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Bill: Abolish socialized losses
Details
Submitted by[?]: Vanguard for Virtue & Righteousness
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: May 3677
Description[?]:
| Private profits, but socialized loss is wrong. Entrenched and well-connected businesses use "emergencies" as an excuse to let the taxpayers foot the bill for their errors and wrongdoing. let them fail and be replaced by efficient and honest businesses! This will also create social mobility, unsettling the long empowered corporations and giving entrepreneurs a chance to grow and provide better services. |
Proposals
Article 1
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: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes | Total Seats: 127 | ||||
| no |
Total Seats: 493 | ||||
| abstain |
Total Seats: 97 |
| Random fact: When you join the game, you will find yourself with only zero seats. That's because your party's representatives haven't been elected yet. You need to establish your party's position on issues by proposing several bills that your party wants passed and sending them to vote. This raises your visibility and if you do it enough, you will win seats at the next election. |
| Random quote: "If men want to oppose war, it is statism that they must oppose." - Ayn Rand |