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Bill: New Economy Act (July 3750)
Details
Submitted by[?]: Ultranationalist 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: March 3751
Description[?]:
This bill will initiate the Ultranationalist's historic switch to the right. |
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: All banks are privately owned.
Article 2
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is fixed by the government.
Current: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Proposed: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Article 3
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level that a full time worker on it can support a family of four without falling under the poverty line.
Current: There shall be a minimum wage at a level that a full time worker on it can support a family of four without falling under the poverty line.
Proposed: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Article 4
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may invest in national companies, but may not get a majority share.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors are not allowed to invest in national companies.
Article 5
Proposal[?] to change Eminent Domain.
Old value:: The government may not seize private property.
Current: The government may seize private property for vital government works.
Proposed: The government may seize private property for vital government works.
Article 6
Proposal[?] to change The government policy regarding housing.
Old value:: The state provides public housing to low-income families.
Current: Housing policy is to be determined by local governments.
Proposed: All housing is private but rent is subsidised for low-income households.
Article 7
Proposal[?] to change Government policy towards labor unions.
Old value:: Trade unions may exist and worker membership is voluntary.
Current: Trade unions may exist and worker membership is voluntary.
Proposed: Trade unions are illegal.
Article 8
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Current: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Proposed: Democratic Workers' Councils are not permitted to run a business.
Article 9
Proposal[?] to change The government's policy concerning the post office
Old value:: There is a nationalised post office agency. Private post offices are allowed to exist but the services provided by them are regulated.
Current: There is a nationalised post office agency. Private post offices are allowed to exist but the services provided by them are regulated.
Proposed: Only private post agencies exist, and the services they provide are regulated.
Debate
These messages have been posted to debate on this bill:
Date | 23:19:37, October 29, 2014 CET | From | Hutori Interests/List Servaes | To | Debating the New Economy Act (July 3750) |
Message | Madam speaker We might be right-wing but we feel as some of these measures won't benefit the Hutori People. We have a problem with articles 5 and 1. -Stijn Servaes, Parliamentary Group Leader |
Date | 23:52:16, October 29, 2014 CET | From | Radical Alliance | To | Debating the New Economy Act (July 3750) |
Message | Madam Speaker, How come the Ultranationalists suddenly accept a more capitalistic economical model? If you ask me it is just yet another populistic stunt.. Agatha Stuart Minister of Finance Deputy Party Leader Radical Alliance |
Date | 00:13:29, October 30, 2014 CET | From | Radical Alliance | To | Debating the New Economy Act (July 3750) |
Message | Madam Speaker, This is indeed an odd move, which the Ultranationalists have made. They propose a bill stating their switch to the right and then choose to vote against their own bill. Are there some problems among the party members regarding this bill or have you actually become smarter? I can't believe the latter so I must assume the first I said. Agatha Stuart Minister of Finance Deputy Party Leader Radical Alliance |
Date | 02:07:34, October 30, 2014 CET | From | Hippopotamus Party | To | Debating the New Economy Act (July 3750) |
Message | Madam, Speaker This is indeed an oddly way to make affairs, as our party`s ideas we completely reject the more capitalistic mode of ruling the country. -Chancellor Zhukov- |
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Voting
Vote | Seats | ||||||
yes | Total Seats: 0 | ||||||
no |
Total Seats: 535 | ||||||
abstain | Total Seats: 0 |
Random fact: Particracy does not allow real-life brand names (eg. Coca Cola, McDonalds, Microsoft). However, in the case of military equipment brand names it is permitted to use simple number-letter combinations (eg. T-90 and F-22) borrowed from real life, and also simple generic names, like those of animals (eg. Leopard and Jaguar). |
Random quote: "Capitalism is what people do if you leave them alone" - Kenneth Minogue |