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Bill: Economic Liberalism Act 4507
Details
Submitted by[?]: Democratic Progressive Party
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: March 4508
Description[?]:
Via this Act, we hope to remove ALL regulation imposed on our economy. |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: All advertising is permitted.
Proposed: All advertising is permitted.
Article 2
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: All banks are privately owned.
Article 3
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Current: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Proposed: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Article 4
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private companies but the prices they can charge are regulated.
Current: Energy is provided by private companies but the prices they can charge are regulated.
Proposed: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Article 5
Proposal[?] to change The government's policy towards fireworks.
Old value:: Professionals may run licensed fireworks shows, small fireworks are legal to the general public.
Current: Local governments determine fireworks laws.
Proposed: The sale of fireworks is unregulated, anyone may buy them.
Article 6
Proposal[?] to change The right to gamble.
Old value:: Gambling is legal, but only in private homes and casinos with special licences.
Current: Gambling is illegal unless taking place in a licensed casino.
Proposed: Gambling is legal across the nation, no regulation whatsoever.
Article 7
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: Monopolies are forbidden, and are actively broken up.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are only actively enforced in specific sectors of the economy.
Article 8
Proposal[?] to change Government law concerning the sales of recreational drugs.
Old value:: Recreational drugs sales are handled by private foundations which are heavily regulated by the government.
Current: Recreational drugs sales are handled by private foundations which are heavily regulated by the government.
Proposed: Sales of recreational drugs is completely unregulated.
Article 9
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:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 0 | ||
no | Total Seats: 179 | ||
abstain | Total Seats: 0 |
Random fact: Hundreds of vessels were lost while traversing the cold waters of the Sea of Lost Souls. It is located between Seleya and Majatra. |
Random quote: "Society comprises two classes: those who have more food than appetite, and those who have more appetite than food." - Nicolas Chamfort |