Bill: Banking Privatisation Bill, March 4270
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: November 4270
|The CDR/LDA proposes legislation that will privatise all banks, and take them out of the government's control. For the government to control the source of money is a dangerous precendent, and gives it too much power. It also eliminates all competition within the banking markets.|
Old value:: The government operates and owns all banks.
Current: The government operates large, national banks, but small community based private banks are allowed.
Proposed: All banks are privately owned.
These messages have been posted to debate on this bill:
|Date||15:41:08, September 10, 2017 CET||From||Libertarian Party||To||Debating the Banking Privatisation Bill, March 4270|
|Message||We would prefer it if the government controlled the central bank, however the proposed change is still better than the current situation.|
|Date||20:56:01, September 10, 2017 CET||From||Plaid Ffederaliaeth a Rhyddid||To||Debating the Banking Privatisation Bill, March 4270|
|Message||While we support the privatization of our banking system, we cannot allow the country to undergo the lack of stability that would result from a lack of central banking. The current system is at least established, stick to the devil you know.|
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