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Bill: Industry Act
Details
Submitted by[?]: League of Redheads
Status[?]: defeated
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: August 2191
Description[?]:
| Since we are going to be so strict on foreign investment in our industires we could have alot of failing industries do to foreign investors pulling their money out and no new investments. This bill could ensure employment for our citizens, taxes and national security. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government subsidizes private enterprises that face bankruptcy.
Debate
These messages have been posted to debate on this bill:
| Date | 16:51:37, February 24, 2006 CET | From | Christian Democrats | To | Debating the Industry Act |
| Message | This is unwise and unaffordable. A failed industry is failing for a reason. Giving them money merely lets them fail with more money. At that point, why not just have government run the business? |
| Date | 03:11:08, February 25, 2006 CET | From | People's Communist Party | To | Debating the Industry Act |
| Message | We agree. Say no to corporate welfare. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 17 | |||
| no | Total Seats: 83 | |||
| abstain |
Total Seats: 0 |
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