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Bill: KU-01: Banking Reform

Details

Submitted by^[?]: Konservative Union

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: September 4409

Description^[?]:

A bill to allow for the privatisation of the Dorvish banking sector.

“For too long, the state has intervened in the financial matters of the Dorvish people. Allowing banks to become private companies will not only give citizens more choice, but also encourage economic growth and inward investment.”

Franz Rotter,
Vorsitzender of the Konservative Union

Proposals

Article 1

Proposal^[?] to change The banking system.

Old value:: The government operates and owns all banks.

Current: The government operates a central bank and all other banks are private.

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 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.

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 central bank is an entirely independent agency of the government.

Debate

These messages have been posted to debate on this bill:

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Voting

Vote

Seats

yes

Konservative Union (0)
Wiederherstellungsbewegung (WB) (0)

Total Seats: 0

Freiheitspartei ☂ (FP) (243)
Revolutionäre Sozialistische Partei (194)
Dorvische Kommunistische Partei (112)

Total Seats: 549

abstain

Nationale Demokratische Partei (50)

Total Seats: 50

Random fact: Parties have the ability to endorse another party's candidate for the Head of State election (if there is one). This adds a strategic element to the elections.

Random quote: "Freedom is not America's gift to the world. It is God's gift to humanity. " - George W. Bush

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