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Bill: Main Street, Not Hall Street Reform Act of 3806
Details
Submitted by[?]: Chann National Party (CNP)
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: September 3806
Description[?]:
| Hall Street should not be left unregulated. We therefore propose that they may exist but in a regulated fashion so as to avoid booms and busts in the market driven by stock speculation. |
Proposals
Article 1
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed but are regulated.
Debate
These messages have been posted to debate on this bill:
| Date | 02:59:11, February 24, 2015 CET | From |  Free Democratic Party | To | Debating the Main Street, Not Hall Street Reform Act of 3806 |
| Message | ~OFFICIAL LCC STATEMENT~ Deregulation is good. A weak economy is worse in the long run than a good economy with occasional crashes. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 254 | |||
| no | Total Seats: 171 | |||
| abstain | Total Seats: 0 |
| Random fact: The forum contains a lot of useful information, it has updates to the game, role playing between nations, news and discussion. http://forum.particracy.net/ |
| Random quote: "To punish the oppressors of humanity is clemency; to forgive them is barbarity." - Maximilien Robespierre |