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Bill: Banking Reform Bill
Details
Submitted by[?]: The Steel and the Gray
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: October 3714
Description[?]:
| The central government will own and operate all major banks across Rutania. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates large, national banks, but small community based private banks are allowed.
Debate
These messages have been posted to debate on this bill:
| Date | 05:02:19, August 15, 2014 CET | From | The Steel and the Gray | To | Debating the Banking Reform Bill |
| Message | Madam Prime Minister -- We believe that the central government must exercise more control over how and where our money is kept--too many privately run banks have caused our interest rates to run amok, and it is time to reel this in. We urge our colleagues to pass this sensible, citizen-protecting bill. Sincerely, Markus Holfield |
| Date | 05:04:02, August 15, 2014 CET | From | The Steel and the Gray | To | Debating the Banking Reform Bill |
| Message | Madam Prime Minister -- We believe that the central government must exercise more control over how and where our money is kept--too many privately run banks have caused our interest rates to run amok, and it is time to reel this in. We urge our colleagues to pass this sensible, citizen-protecting bill. Sincerely, The Steel and the Gray OOC: Sorry, above message was incorrectly signed. |
| Date | 05:48:37, August 16, 2014 CET | From | UNSC (ONI) | To | Debating the Banking Reform Bill |
| Message | But it's not your money and thus have no right to exercise control over it. The money in the banks are the property of whichever citizen earned it and placed it in the bank. Stopping a company from being successful is wrong and could damage the economy. |
| Date | 17:57:29, August 16, 2014 CET | From | Urban Party of Rutania | To | Debating the Banking Reform Bill |
| Message | Mr. Speaker, This UPR will not support this bill and asks that other party's follow our lead. Benjamin Richter UPR Congressional Leader |
| Date | 22:41:51, August 16, 2014 CET | From | The Steel and the Gray | To | Debating the Banking Reform Bill |
| Message | Madam Prime Minister -- We would argue that government owned banks are more stable and more safe, and therefore the money of our citizens would have protections not offered in private banks. Of course the money is not the governments -- it is the people's who deposit the money in the banks -- but the central large banks will allow more stability for the economy and more assurances for the future. We will not move this bill forward for a vote yet since there seems to be active debate -- and we welcome more voices heard on the matter before we do so. We'd also like to respectfully remind the UPR that our Prime Minister is now female, and as such, she should be addressed appropriately. Sincerely, The Steel and the Gray |
| Date | 01:47:14, August 17, 2014 CET | From | UNSC (ONI) | To | Debating the Banking Reform Bill |
| Message | OOC: sorry for last message, I hadn't realized that the titles were mandatory. |
| Date | 01:52:08, August 17, 2014 CET | From | UNSC (ONI) | To | Debating the Banking Reform Bill |
| Message | Madam Speaker People tend to like options, and this proposal would take that away from the banking system. Plus, If Ever someone began to embezzle the money from inside the government, they would be able to hide their tracks by taking small amounts from different banks. If the people lost faith in the banks OR the government then their would be runs on the bank even if the people still held faith in one of the above establishments. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 184 | ||||
| no |
Total Seats: 227 | ||||
| abstain | Total Seats: 144 |
| Random fact: Did you know you can change the official name of your nation? All you need to do is draw up a new name that is in accordance with the Nation Renaming Guide, pass a bill proposing the name change with a two-thirds majority and then post a request to Moderation on the "Renaming Requests" thread. You can change city and region names in this way too. |
| Random quote: "In politics, stupidity is not a handicap." - Napoleon Bonaparte |