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Bill: Nationalization of the Central Bank, September 3964
Details
Submitted by[?]: The Worker's Union (WU)
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: May 3966
Description[?]:
| The powers of a central bank are too great to be allowed to be dictated by the whims of private businesses and by profit motivations. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates a central bank and all other banks are private.
Debate
These messages have been posted to debate on this bill:
| Date | 23:33:57, January 08, 2016 CET | From | Great Rutania party | To | Debating the Nationalization of the Central Bank, September 3964 |
| Message | Mr speaker, We will not support this bill as the great Rutania party believes people shouldn't rely on the government for this type of thing. Private businesses can manage a bank properly without government competition that would surely ruin other banks and make people jobless. This is just another socialist policy that will not work in paractice. |
| Date | 05:48:32, January 10, 2016 CET | From | The Worker's Union (WU) | To | Debating the Nationalization of the Central Bank, September 3964 |
| Message | Mr Speaker, Nationalizing the Central Bank will not put it in competition with other banks, however it will give the Government the tools to better stabilize the economy. Chairman Scott Pearson of the Worker's Union |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 182 | ||||
| no |
Total Seats: 295 | ||||
| abstain | Total Seats: 23 |
| Random fact: The majority of nations in Particracy are "Culturally Protected" with an established cultural background. Only the "Culturally Open" nations are not bound by the rules surrounding culture. The Cultural Protocols Index should be consulted for more information about the cultural situation of each nation. |
| Random quote: "Fascism is capitalism plus murder." - Upton Sinclair |