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Bill: Bank Nationalisation
Details
Submitted by[?]: People's Socialist 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: November 4482
Description[?]:
| Bank nationalisation will help fight corruption |
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 and owns all banks.
Article 2
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Current: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Proposed: The exchange rate of the national currency is fixed by the government.
Article 3
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may freely invest in national companies.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors need to obtain government approval for all investments in national companies.
Article 4
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 central bank is underneath the direct oversight of the head of state.
Proposed: The central bank is underneath the direct oversight of the head of government.
Article 5
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: Stock exchanges are allowed and are unregulated.
Proposed: The government owns the stock exchange(s).
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 86 | |
| no |
Total Seats: 34 | |
| abstain | Total Seats: 0 |
| Random fact: RP laws follow the same passing rules as in-game variable laws. Laws that are not of a constitutional nature require a simple majority "Yes" vote from active parties currently holding seats. Laws that are of a constitutional nature require a 2/3 majority "Yes" vote from active parties currently holding seats. RP laws may be abolished a simple majority vote this applies to ANY RP law. |
| Random quote: "Religion, like capitalism, will perish in the end. We estimate the complete Terra-wide extinction of Hosianism as a religious belief by the year 4409, and in Dorvik by 4398." - Friedrich Pfeiffer, former Dorvish politician |