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: Banking and currency act
Details
Submitted by[?]: Komunisma Partio de Zardugal
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: May 4399
Description[?]:
| Tightening the screws to prevent a collapse |
Proposals
Article 1
Proposal[?] to change Government policy on cryptocurrency.
Old value:: The government has no policy on cryptocurrency
Current: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Proposed: Cryptocurrency is illegal.
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 central bank is an entirely independent agency of the government.
Proposed: The central bank is underneath the direct oversight of the national legislature.
Article 3
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Current: The exchange rate of the national currency is kept within a defined band of fluctuation.
Proposed: The exchange rate of the national currency is fixed by the government.
Article 4
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may freely invest in national companies.
Current: Foreign investors may invest in national companies, but may not get a majority share.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Article 5
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Current: The government requires most industries to be fully run by Democratic Workers' Councils.
Proposed: The government requires most industries to be fully run by Democratic Workers' Councils.
Debate
These messages have been posted to debate on this bill:
| Date | 01:11:49, May 26, 2018 CET | From | Sankta Alianco de Aŭgustana | To | Debating the Banking and currency act |
| Message | The economy is not going to collapse, these are just ploys the communist party uses to push it's agenda! The communists all just want more regulation, because they all just want control! I, along with Grigoro Eŭthalido (Minister of Finance), have made sure that there is some control in the economy. But not to the degree that these proposals dictate! We in the Holy Party vote no! --- Septima Griza, Minister of Trade & Industry |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |
| yes | Total Seats: 184 | |
| no | Total Seats: 221 | |
| abstain | Total Seats: 0 |
| Random fact: You can view who's online (i.e. been active the last 10 minutes) at the bottom of the menu (either at the top or the side). |
| Random quote: "Who are the militia? Are they not ourselves? Is it feared, then, that we shall turn our arms each man gainst his own bosom. Congress have no power to disarm the militia. Their swords, and every other terrible implement of the soldier, are the birthright of an American...[T]he unlimited power of the sword is not in the hands of either the federal or state governments, but, where I trust in God it will ever remain, in the hands of the people." - Tenche Coxe |