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Bill: Reforming our Country Act - Economy
Details
Submitted by[?]: 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: April 4024
Description[?]:
| Mr. Speaker, It's time for a new policy to grow our economy. Rep. Jerome Hunter, Deputy Leader LP |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates large, national banks, but small community based private banks are allowed.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Article 2
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Proposed: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Article 3
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Article 4
Proposal[?] to change The government's policy concerning phone services.
Old value:: Telephone lines are provided free of charge to all citizens.
Current: The state regulates the rates providers can charge for phone service.
Proposed: The state subsidizes the phone service of low income families but does not regulate the rates providers can charge for phone service.
Debate
These messages have been posted to debate on this bill:
| Date | 19:31:03, May 04, 2016 CET | From | Great Rutania party | To | Debating the Reforming our Country Act - Economy |
| Message | Mr speaker, we will vote yes to these proposals and help move the nation forward to the new era of a reformed Rutania. Thank you Ed Bagle |
| Date | 11:25:46, May 05, 2016 CET | From | Green Party of Rutania | To | Debating the Reforming our Country Act - Economy |
| Message | Mr. Speaker, This will disenfranchise communities who operated their own communal banks. This will send energy prices soaring. This will see vast amounts of money going to a small business elite. this will see the price of phone calls sky rocket. The legacy of this government will be gross levels of economic inequality and catastrophic economic mismanagement. Once again, the socialists and greens will be left to deal with this mess. - Cathleen Forrest (Representative for Delvar), Green Party Leader |
| Date | 14:55:13, May 05, 2016 CET | From | Libertarian Party | To | Debating the Reforming our Country Act - Economy |
| Message | Mr. Speaker, Communities who operate their own communal banks can still do this. Also about energy, thanks to the fact that we have competition in the Commonwealth of Rutania, that's wrong let's say that differently. Thanks to the fact that we're establishing competition in the Commonwealth of Rutania and taking the government's monopoly away we're actually lowering prices. The same with phone prices. Our legacy will be low prices and more economic freedom. Once again, the right is cleaning up the mess left made by the left. Rep. Jerome Hunter Deputy Leader LP |
| Date | 15:39:15, May 05, 2016 CET | From | Green Party of Rutania | To | Debating the Reforming our Country Act - Economy |
| Message | Mr. Speaker, This is nothing but lies. Communal banks will now be snapped up by wealthy private investors as the Libertarians wish. In regards to the fallacy of the free market leading to lower prices, this is simply not true. Privatisation around the world has caused prices to increase dramatically. If one company raises their prices this gives other companies an incentive to charge the same or more, causing a never-ending situation of rising costs. - Cathleen Forrest (Representative for Delvar), Green Party Leader |
| Date | 17:12:06, May 05, 2016 CET | From | Libertarian Party | To | Debating the Reforming our Country Act - Economy |
| Message | Mr. Speaker, In contrary to the left parties we want to break up monopolies, like the government's monopoly. If competition is truly to exist, monopolies should be destroyed. Therefore when you use your ratio you could see prices are going down, not up. Rep. Jerome Hunter, Deputy Leader LP |
| Date | 17:15:53, May 05, 2016 CET | From | Libertarian Party | To | Debating the Reforming our Country Act - Economy |
| Message | OOC: Ratio is wrong used in that sentence, I derived the word directly from Latin without realising that the meaning it has here, can't be used in that sentence. Ratio means here thinking rationally- rational. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 295 | ||||
| no |
Total Seats: 205 | ||||
| abstain | Total Seats: 0 |
| Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
| Random quote: "Oh, judge, your damn laws: the good people don't need them and the bad people don't follow them so what good are they?" - Ammon Hennacy |