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Bill: Free Market Act - 4436
Details
Submitted by[?]: Conservative Democratic Union Lodamun
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 4437
Description[?]:
| Mr Speaker The Conservative Democratic Union Lodamun believes, Lodamun regulates its market to much. To end this restrictive policy we have proposed several measures. Luca Brankic Party leader CDUL |
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.
Article 2
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Current: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Proposed: There shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
Article 3
Proposal[?] to change The government's policy concerning phone services.
Old value:: The state regulates the rates providers can charge for phone service.
Current: The state regulates the rates providers can charge for phone service.
Proposed: There are no regulations on phone service.
Article 4
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: Stock exchanges are allowed and are unregulated.
Debate
These messages have been posted to debate on this bill:
| Date | 20:29:46, August 09, 2018 CET | From | Progressive Socialist Party | To | Debating the Free Market Act - 4436 |
| Message | Mr. Speaker, unregulating the stock market is nothing less than destroying any financial security on the Lodamunese market, and we are seriously doubting if the CDUL knows what it is doing. Harry Mardoval PSP Spokesperson on Finance and Economic Affairs |
| Date | 21:38:19, August 09, 2018 CET | From | Conservative Democratic Union Lodamun | To | Debating the Free Market Act - 4436 |
| Message | Mr Speaker, The CDUL is not concerned that the PSP spokeperson is doubting wether we know what we are doing. In our opinion government in general does not know what it is doing in regard to the market. Furthermore, it took seven months for only one political party to reply to a proposal. Hardly the efficience the market requires. Thats is why we aim to let the free market regulate itself. Luca Brankic Party leader CDUL |
| Date | 22:21:57, August 09, 2018 CET | From | Progressive Socialist Party | To | Debating the Free Market Act - 4436 |
| Message | OOC: People might be on vacation. I myself am on vacation until monday evening, so therefore some delays. My apologies. |
| Date | 00:25:50, August 10, 2018 CET | From | Conservative Democratic Union Lodamun | To | Debating the Free Market Act - 4436 |
| Message | OOC: Ofcourse, just thought it be funny to mention. |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 104 | |||||
| no |
Total Seats: 376 | |||||
| abstain | Total Seats: 115 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: "He that would make his own liberty secure, must guard even his enemy from opposition; for if he violates this duty he establishes a precedent that will reach himself." - Thomas Paine |