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Bill: Governmental Industry Efficiency 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 3846
Description[?]:
This bill is NOT socialism. It simply says that instead of subsiding INEFFICIENT private companies, if a company faces bankruptcy, the government nationalizes the industry to save the jobs of the workers but then RE-tool and reorganizes the business to profitability and the government sells the firm back to the Free Market after profitability. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Debate
These messages have been posted to debate on this bill:
Date | 08:38:34, May 15, 2015 CET | From | Rutanian Social Democratic Party | To | Debating the Governmental Industry Efficiency Act |
Message | Mr speaker We fear that if we nationalize failing industries then in times of recession and depression, the government will control nearly all of the industries as many of them are falling making us, a socialist country which we do not stand for. |
Date | 12:14:14, May 15, 2015 CET | From | Capitalist Working Families | To | Debating the Governmental Industry Efficiency Act |
Message | Mr. Speaker, Socialism is ONLY when the government confiscates land and property from the private market. We will sell the companies BACK to the PRIVATE market once there is a profit that can be made. We yield. |
Date | 15:19:40, May 15, 2015 CET | From | Rutanian Social Democratic Party | To | Debating the Governmental Industry Efficiency Act |
Message | Mr speaker it doesn't say that it will be sold back to the people. Therefore, it's an excuse for the government to nationalize industries and control it. |
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Voting
Vote | Seats | ||||
yes | Total Seats: 142 | ||||
no |
Total Seats: 265 | ||||
abstain |
Total Seats: 148 |
Random fact: Don't vote yes on a cabinet coalition that doesn't give you the power that you deserve. |
Random quote: "To retain respect for sausages and laws, one must not watch them in the making." - Otto von Bismarck |