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Bill: Attracting Capital from around the World

Details

Submitted by[?]: AM Radical Libertarian 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: May 2176

Description[?]:

WHEREAS Expansion of our industrial and financial base is a goal of our party and all foreward looking Likatonians

AND this expansion requires capital investments to fuel economic growth and job creation

AND our financial markets are stable and growing;

THEREFORE We wish to propose opening these markets to foreign investment, allowing a flood of capital to flow into our land and fuel an economic upsurge that will benefit all citizens, no matter what their current status.

Proposals

Debate

These messages have been posted to debate on this bill:

Date23:03:01, January 23, 2006 CET
FromProletariat Revolution Party
ToDebating the Attracting Capital from around the World
MessageWhat kind of economic impact will this have?

Date04:34:16, January 24, 2006 CET
FromCommonwealth Workers Army
ToDebating the Attracting Capital from around the World
MessageAMA sees no reason to allow foreign powers to gain controlling shares in Likatonian industry.

Date07:31:50, January 24, 2006 CET
FromLikaton Fascist Front
ToDebating the Attracting Capital from around the World
MessageAttracting capital is all very well, the trouble is when we are held to ransom by foriegn powers. Some of this pressure can be very indirect - assume 2 seperate factories in 2 contries produce the same commodities. If there there is a downturn in demand and 1 of the factories needs to be shut down you can bet it wont be in the 'home' country of the investor, leaving us to pay the for the costs incurred laying off the workforce.
We see no advantage allowing this bill, however we would support the following:

"Foreign investors may invest in national companies, but may not get a majority share."

This way, we allow the capital to flow in while maintaining national control of our profitable industries.

Date15:44:26, January 24, 2006 CET
FromAM Radical Libertarian Party
ToDebating the Attracting Capital from around the World
MessageIn the spirit of compromise, we have modified the bill as suggested by our compatriots in TOTAL.

Date16:37:56, January 24, 2006 CET
FromJLP Liberation Militia
ToDebating the Attracting Capital from around the World
MessageJLP-TLM is quite nervous about foreigners taking control of the economy. However, we will offer our lukewarm support to the re-phrased bill.

Date21:14:30, January 24, 2006 CET
FromLikaton Fascist Front
ToDebating the Attracting Capital from around the World
MessageWe will support this modified bill, and we thank the RLP for their flexibility.

Date04:31:03, January 25, 2006 CET
FromCommonwealth Workers Army
ToDebating the Attracting Capital from around the World
MessageAxis Mundi Anakrousite still opposes letting the outsider have this much control of our national economy.

Date13:02:08, January 25, 2006 CET
FromLikaton Fascist Front
ToDebating the Attracting Capital from around the World
MessageWe hope that other nations will reciprocate and allow Likatonian nationals to invest in their industries.

Date14:35:32, January 25, 2006 CET
FromCommonwealth Workers Army
ToDebating the Attracting Capital from around the World
MessageIn which case we shall contribute their their national product, and pay their taxes.

Axis Mundi Anakrousite thinks not.

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Voting

Vote Seats
yes
       

Total Seats: 352

no
  

Total Seats: 110

abstain
 

Total Seats: 38


Random fact: The players in a nation have a collective responsibility to ensure their "Bills under debate" section is kept in good order. Bills which are irrelevant or have become irrelevant should be deleted. Deletion can be requested for bills proposed by inactive parties on the Bill Clearout Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363

Random quote: "The most certain test by which we judge whether a country is really free is the amount of security enjoyed by minorities." - John Dalberg-Acton

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