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Bill: Economic Freedom Act
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: May 4244
Description[?]:
| The limits placed on various sections of the Telamonian economy are a detriment to our society. |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: Only governmental organisation advertising is permitted.
Proposed: All advertising is permitted.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates and owns all banks.
Proposed: All banks are privately owned.
Article 3
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may invest in national companies, but may not get a majority share.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 4
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed and are unregulated.
Article 5
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Article 6
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Current: The exchange rate of the national currency is kept within a defined band of fluctuation.
Proposed: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Debate
These messages have been posted to debate on this bill:
| Date | 19:53:00, July 19, 2017 CET | From | Liberal Social Democratic Party | To | Debating the Economic Freedom Act |
| Message | The LSDP would support more moderate proposals. Some are too radical and far from the centre, which is acceptable for us. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 436 | ||||
| no | Total Seats: 200 | ||||
| abstain |
Total Seats: 114 |
| Random fact: In cases where a party has no seat, the default presumption should be that the party is able to contribute to debates in the legislature due to one of its members winning a seat at a by-election. However, players may collectively improvise arrangements of their own to provide a satisfying explanation for how parties with no seats in the legislature can speak and vote there. |
| Random quote: "How can you govern a country which has 246 varieties of cheese?" Charles De Gaulle, "Les Mots du General |