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Bill: Economic Freedom Act
Details
Submitted by[?]: Rutanian Democratic Party
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: August 3813
Description[?]:
| Mr. Speaker, It is time for us to end regulation in our economy and allow it to run on its own. Jenna Scherer Prime Minister |
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 allowed to float, but the government is permitted to intervene when necessary.
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, and the government does not intervene at all.
Article 3
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 may invest in national companies, but may not get a majority share.
Proposed: Foreign investors may freely invest in national companies.
Article 4
Proposal[?] to change The government's policy towards the funding of libraries.
Old value:: The national government provides local governments with funding to operate libraries.
Current: Funding and operation of libraries is left entirely to local governments.
Proposed: The national government contracts with private companies to maintain a system of libraries.
Article 5
Proposal[?] to change The government's policy concerning museum funding.
Old value:: The national government provides local governments with the funding to operate museums.
Current: The national government provides local governments with the funding to operate museums.
Proposed: The government does not fund or manage museums. This is left to the private sector.
Debate
These messages have been posted to debate on this bill:
| Date | 21:33:20, March 09, 2015 CET | From | UNSC (ONI) | To | Debating the Economic Freedom Act |
| Message | Mr speaker We would like to note that were it not for article 3, we would have voted in favor. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 279 | |||
| no |
Total Seats: 95 | |||
| abstain | Total Seats: 98 |
| Random fact: Real-life quotations may be used in Particracy, but the real-life speaker or author should always be referenced in an OOC (out-of-character) note alongside the quotation. |
| Random quote: "The moral justification of capitalism does not lie in the altruist claim that it represents the best way to achieve 'the common good.' It is true that capitalism does, if that catch-phrase has any meaning, but this is merely a secondary consequence. The moral justification for capitalism lies in the fact that it is the only system consonant with man's rational nature, that it protects man's survival qua man, and that its ruling principle is justice." - Ayn Rand |