We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: P.d.l. 01/4315 - Regulation of the Financial Markets Act
Details
Submitted by[?]: Alleanza Radicale - NCD
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: March 4316
Description[?]:
Carlo Mainardi, Whip of LP: "Mr Speaker, The nation, we think, as the duty to protect our citizens, their savings, their jobs, and protect the whole economy from financial bubbles, azzardous activities on the financial markets, and so, into the Stock Exchanges. LP consider foundamental to protect our financial sector and so all the numberous activities and people connected and who can suffer a lot from the financial crisis. Thank you" |
Proposals
Article 1
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: Stock exchanges are allowed and are unregulated.
Proposed: Stock exchanges are allowed but are regulated.
Article 2
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Current: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Proposed: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Debate
These messages have been posted to debate on this bill:
Date | 08:23:49, December 10, 2017 CET | From | Partito Socialista Istaliano | To | Debating the P.d.l. 01/4315 - Regulation of the Financial Markets Act |
Message | Mr.Speaker, An Excellent Proposal which will secure the interests of Investors and Prevent Unfair Speculation.We Congratulate the Liberty and Progress for this proposal.We also support the Proposal with regards to the Exchange Rate Regime but would like to want it to go further though we are very much satisfied with the Current Provisions. Michela Beneventi, Leader of the Istalian Socialist Party |
Date | 10:40:23, December 10, 2017 CET | From | Partito Nazionale Democratico | To | Debating the P.d.l. 01/4315 - Regulation of the Financial Markets Act |
Message | Ludovica Azuri, PNI/PNP Whip, The exchange rate and stock exchanges are dependent on private trade, hence there is no reason for the government to intervene and break the established Equilibrium, which would ultimately lead to market failure. We are extremely concerned with such socialist appeasement on behalf of the LP. |
subscribe to this discussion - unsubscribe
Voting
Vote | Seats | |||
yes | Total Seats: 247 | |||
no |
Total Seats: 199 | |||
abstain | Total Seats: 189 |
Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
Random quote: "A lie told often enough becomes the truth." - Vladimir Lenin |