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Bill: Banking & Stock Regulations Act
Details
Submitted by[?]: Partiya Sosyalîst
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 4412
Description[?]:
| This bill seeks to democratise capital in order to protect the economy from future economic issues. |
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.
Article 2
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Current: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Proposed: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Article 3
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: The government owns the stock exchange(s).
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 380 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 370 |
| 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: "It is obvious that the laissez-faire ideology represents the interests of big business. For decades, the right-wing has opposed welfare programs and nationalised companies, in favour of big business disguised under 'economic liberty'." - Cecilia Xu, former Gaduri politician |