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Bill: Emergency Bank Bailout Fund
Details
Submitted by[?]: National Progress Party
Status[?]: passed
Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: July 4217
Description[?]:
| (This bill was proposed by the President of Hutori Jason Burgole) This bill sets aside two-trillion HRL for the sole purpose of bailing out any bank which is too big to fail as and when such a bailout is necessary for the prevention of the collapse. These funds will be available for a duration of 15 years. |
Proposals
Debate
These messages have been posted to debate on this bill:
| Date | 19:20:51, May 26, 2017 CET | From | Locksley Holdings | To | Debating the Emergency Bank Bailout Fund |
| Message | Esteemed Congressmen and women, This bill is one of the most important ones in the history of our nation. I implore you to vote in favour of it. Brock Locksley, Chairman and CEO of LH. |
| Date | 23:06:05, May 26, 2017 CET | From | Zardic Institute of International Studie | To | Debating the Emergency Bank Bailout Fund |
| Message | OOC: question. 2 Trillion HLR is the size of the entire Huforiam economy... How is this government affording to basically sell the nation to bailout banks? |
| Date | 07:48:22, May 27, 2017 CET | From | National Progress Party | To | Debating the Emergency Bank Bailout Fund |
| Message | OOC: It is not the setting aside of money, but the allocation of everything we have if necessary. |
| Date | 15:06:42, May 27, 2017 CET | From | Zardic Institute of International Studie | To | Debating the Emergency Bank Bailout Fund |
| Message | OOC: "This bill sets aside two-trillion HRL for the sole purpose of bailing out any bank ".. the exact words of the Bill. But that also means that you are setting the Hutorian economy to throw absolutely everything it has to bail out its banking system, which based on what I'm looking at, its gutting the Hutorian economy for years... this 2 Trillion Dollar Bailout Package is the size of the entire Hutorian Government Budget for 4 years.. and that's not paying any other bills to any other department. |
| Date | 18:36:00, May 27, 2017 CET | From | Locksley Holdings | To | Debating the Emergency Bank Bailout Fund |
| Message | Esteemed Congressmen and women, May I suggest an adjustment to a more realistic figure of H$80B? Brock Locksley, Chairman and CEO of LH |
| Date | 18:57:45, May 27, 2017 CET | From | Alleanza Radicale - NCD | To | Debating the Emergency Bank Bailout Fund |
| Message | OOC: Could we assume that that figures is the dimension of a global financial bubble centered in hutori? |
| Date | 22:04:42, May 27, 2017 CET | From | Unity Labour Party | To | Debating the Emergency Bank Bailout Fund |
| Message | The state of Malivia is willing to assist in the bailing out of the bank in setting aside 50 billion dollars and also establish ties between us, your country and a major economic super power to boost investments and trade. |
| Date | 23:52:28, May 27, 2017 CET | From | National Progress Party | To | Debating the Emergency Bank Bailout Fund |
| Message | "Mr. Speaker Following the recommendation of mr. Locksley, the amount of money that will be pit in the bailout fund will be ajust to 150 billions. Which is a way more realistic number than 2 trillions." -Jason Burgole President of Hutori |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 220 | |||
| no | Total Seats: 150 | |||
| abstain |
Total Seats: 230 |
| Random fact: Before creating a party organisation, check to see whether there are any existing organisations which cover the same agenda. |
| Random quote: "Prejudices subsist in people's imagination long after they have been destroyed by their experience." - Ernest Dimnet |