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Bill: The Bank Nationalization Act
Details
Submitted by[?]: Ultrackian Communist Party
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: August 4367
Description[?]:
| Noting that high risk speculative lending has destroyed economy’s in the past, accepting that private, investor owned banks have fueled this destruction, acknowledging that government owned banks have NOT taken part in this, realizes that the only solution is the nationalization of most or all major banks |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates large, national banks, but small community based private banks are allowed.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 271 | ||||
| no |
Total Seats: 168 | ||||
| abstain |
Total Seats: 166 |
| Random fact: By default the head of government is the ultimate authority within a national government. In general terms, heads of government are expected to consult with cabinet colleagues (including those from other parties) before making significant decisions but they remain responsible for government action. |
| Random quote: "It makes no difference, in principle, if this 'collective will' is divined by the edicts of a dictator or by majority vote, so long as the rights of the individual may still be sacrificed." - Robert Garmong |