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Bill: National Currency Stability & 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: November 3826
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 | 18:56:06, April 05, 2015 CET | From |  Urban Party of Rutania | To | Debating the National Currency Stability & Renewable Energy Act |
| Message | Mr. Speaker, The CWF propose this bill every session and everytime it gets defeated. When will they realize the whole premise of this bill is flawed and not practical in any way, shape or form. Johannes Bachmeier UPR Congressional Leader |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 127 | ||||
| no |
Total Seats: 133 | ||||
| abstain | Total Seats: 295 |
| Random fact: References to prominent real-life persons are not allowed. This includes references to philosophies featuring the name of a real-life person (eg. "Marxism", "Thatcherism", "Keynesianism"). |
| Random quote: "In politics, you have your word and your friends; go back on either and you're dead." - Morton C. Blackwell |