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Bill: Banking Reform Act 4296
Details
Submitted by[?]: Freedom for Everyone Party
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: June 4297
Description[?]:
| There should be a national central bank that has oversight of all private banks. This is, so banks follow the rules and don't crash the economy. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates and owns all banks.
Proposed: The government operates a central bank and all other banks are private.
Article 2
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The central bank is an entirely independent agency of the government.
Current: The government appoints the head of the central bank and an executive board to manage the central bank but does not otherwise interfere in its operations.
Proposed: The government appoints the head of the central bank and an executive board to manage the central bank but does not otherwise interfere in its operations.
Debate
These messages have been posted to debate on this bill:
| Date | 19:46:27, November 02, 2017 CET | From |  Libertarian Party | To | Debating the Banking Reform Act 4296 |
| Message | Central banks do nothing but ruin the value of a currency. |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 0 | ||||||
| no |
Total Seats: 300 | ||||||
| abstain |
Total Seats: 0 |
| Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
| Random quote: "The only place where democracy comes before work is in the dictionary." - Ralph Nader |