We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: We Can Live Without State's "Vital" Aid II
Details
Submitted by[?]: Capitalizt 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: July 2206
Description[?]:
| It's their responsibility if a vital industry sector falls in bankruptcy. That sector wasn't clever enough to stand the competition in the market. Shall we cry and make a plea to the State so that they can use our money to revive a failing, incompetent industry? The absolute certainty that government will save a certain industry if it goes failing makes it more lax. |
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 subsidizes private enterprises that face bankruptcy.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Debate
These messages have been posted to debate on this bill:
| Date | 16:47:37, March 26, 2006 CET | From | Hobrazian Peoples Party | To | Debating the We Can Live Without State's "Vital" Aid II |
| Message | We won't save the incompetent board directors or managers, but solely the industry. |
| Date | 19:44:11, March 26, 2006 CET | From | We Say So! Party | To | Debating the We Can Live Without State's "Vital" Aid II |
| Message | See the point by the HPP. At no point is there any law on our books that states that "should a vital industry fail, the private company will be supoprted by Government handouts". The fact is that should a *vital* industry be failing due to poor private management, then the industry will be brought under public ownership to guarantee the provision of produce that is vital for the economy. There is no provision to stop this company being privatised in order to reduce the cost to the taxpayer, but whilst under public ownership the company can be restructured to return it to profitability, at which point it can either provide a direct return on its investment to the Government through its profits or through the sale of the company to private investors. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||||
| yes |
Total Seats: 141 | |||||
| no |
Total Seats: 244 | |||||
| abstain | Total Seats: 15 |
| Random fact: You can view helpful ideological statistics about the regions in your nation on the region pages. You can also view detailed political opinions and the importance of them there as well. |
| Random quote: "Most politicians hold their fingers to the wind, and if we win we'll be showing them a lot of wind." - Ralph Nader |