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Bill: No More Bailouts Act
Details
Submitted by[?]: Classical Liberal 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 4411
Description[?]:
| If a corporation fails and there is demand for what it was producing then a new company will form in its place. Bailouts are an unfair burden on the taxpayer. |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes |
Total Seats: 256 | |||
| no | Total Seats: 234 | |||
| abstain |
Total Seats: 260 |
| Random fact: "Spamming", or the indiscriminate posting of unsolicited messages, is not allowed. |
| Random quote: "Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius, and a lot of courage, to move in the opposite direction." - Albert Einstein |