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Bill: A Peoples Baltusia
Details
Submitted by[?]: United Democratic Party - Syndicalists
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 4247
Description[?]:
| Bill to repeal the http://classic.particracy.net/viewbill.php?billid=530477 bill |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: Certain industries are owned by the state, all others are under private ownership.
Current: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Article 2
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 kept within a defined band of fluctuation.
Article 3
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors need to obtain government approval for all investments in national companies.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Debate
These messages have been posted to debate on this bill:
| Date | 12:04:43, July 24, 2017 CET | From | Baltusian Left Wing party | To | Debating the A Peoples Baltusia |
| Message | We don't endorse article 3 |
| Date | 12:17:44, July 24, 2017 CET | From | United Democratic Party - Syndicalists | To | Debating the A Peoples Baltusia |
| Message | Ok I will change it after the bill has passed |
| Date | 13:08:27, July 24, 2017 CET | From | Conservative Party of Baltusia | To | Debating the A Peoples Baltusia |
| Message | RAC Party, With all due respect this goes too far. In a modern world you cannot simply ban stock exchanges unilaterally - our economy will nose dive, plc companies will move out of Baltusia and into neighbouring countries and if you try to nationalise them you will be hit with so many law suits the government will spend its entire administration legally firefighting. Furthermore, we will become an isolationist regime, foreign investors will not touch with a barge pole. We will be forced to devalue our currency to try to compete and imports will become mighty expensive. As for the industrial situation, if the state controls the commanding heights of the economy, you are going to run out of money - or certainly won't have enough to pay for the social care and free healthcare for an increasingly elderly society. The public private sector balance is the key to an economy that works, your ideas will, I'm afraid, bring abut the ruination of Baltusia. Keep the faith! President Yogi Goldstein |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 600 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 0 |
| Random fact: For more information on Particracy's former colonial nations, check out http://forum.particracy.net/viewtopic.php?f=5&t=6640 |
| Random quote: "I think it's about time we voted for senators with breasts. After all, we've been voting for boobs long enough." - Clarie Sargent |