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Bill: Banking Nationalization Act
Details
Submitted by[?]: Legiunea Salvării Naționale
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 4498
Description[?]:
| The National Legion believes it is time to bring the financial sector under the control of the state. We must begin paving the path to a Total Legionary Banking System (TLBS)! |
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 and owns all banks.
Proposed: The government operates and owns all banks.
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 central bank is underneath the direct oversight of the Ministry of Finance.
Proposed: The central bank is underneath the direct oversight of the Ministry of Finance.
Debate
These messages have been posted to debate on this bill:
| Date | 18:20:49, December 10, 2018 CET | From | Liberté et Égalité | To | Debating the Banking Nationalization Act |
| Message | the current mixed system, where the state has an important participation in the largest bank in the confederation, is an adequate system. The Kizaki Bank or the banks of regional governments could not, in any case, replace all banks and private funds. And on the other hand, we do not see that the legion controls the banking system without having experience. Anasztaizia Gyôrfy Minister of finance |
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Voting
| Vote | Seats | |
| yes | Total Seats: 259 | |
| no |
Total Seats: 336 | |
| abstain | Total Seats: 0 |
| Random fact: When you join the game, you will find yourself with only zero seats. That's because your party's representatives haven't been elected yet. You need to establish your party's position on issues by proposing several bills that your party wants passed and sending them to vote. This raises your visibility and if you do it enough, you will win seats at the next election. |
| Random quote: "Democracy is more dangerous than fire. Fire can't vote itself immune to water." - Michael Z. Williamson |