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Bill: National Currency Stability and Renewable Energy Act
Details
Submitted by[?]: Capitalist Working Families
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: September 3818
Description[?]:
(1) This bill authorizes the Federal Government to purchase all of the domestically produce crude oil off of the market to be used as a monetary standard to stabilize the national currency. (2) The law will stipulate that for every ounce of crude oil in the government's possession, ONLY 20 RUT will be printed to strengthen the Dollar and foster investment. (3) Government scientists will freeze or solidify the oil into "Oil Bars" or "Oil bullion" to be store in the vault at Ft. Knox (OOC: Rutania's version); (4) Since there will be no oil in the market for energy consumption, the economy will shift to a 100% Renewable energy policy overnight. |
Proposals
Article 1
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
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 fixed by the government.
Article 2
Proposal[?] to change The government's policy concerning private cars.
Old value:: Private cars are allowed, but people are encouraged to travel collective and tax incentives are provided for cars using environmentally friendly fuels.
Current: Private cars are allowed, but people are encouraged to travel collective and tax incentives are provided for cars using environmentally friendly fuels.
Proposed: Only cars using environmentally friendly fuels are allowed.
Debate
These messages have been posted to debate on this bill:
Date | 18:22:02, March 20, 2015 CET | From | Urban Party of Rutania | To | Debating the National Currency Stability and Renewable Energy Act |
Message | Mr. Speaker, We must remind the CWF that Rutania is not an oil producing nation, nor do we have "dollars" that need to be strengthened, considering the Ruta is a reserve currency. Johannes Bachmeier UPR Congressional Leader |
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Voting
Vote | Seats | |||
yes | Total Seats: 154 | |||
no |
Total Seats: 347 | |||
abstain | Total Seats: 54 |
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