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Bill: The Revitalizing Socialism Act
Details
Submitted by[?]: Ultrackian Communist 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: October 4667
Description[?]:
| The previous government attacked our socialist economy, we shall fix it |
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 large, national banks, but small community based private banks are allowed.
Article 2
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The central bank is an entirely independent agency of the government.
Current: The central bank is an entirely independent agency of the government.
Proposed: The central bank is underneath the direct oversight of the Ministry of Finance.
Article 3
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: All industry is owned and operated by the state.
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: The government owns the stock exchange(s).
Article 5
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 9
Proposed: 40
Debate
These messages have been posted to debate on this bill:
| Date | 22:09:37, November 18, 2019 CET | From |  Socialist Front | To | Debating the The Revitalizing Socialism Act |
| Message | We would prefer bolishing the stock exchanges alltogether as they are a threat to workplace democracy in their very basic function, we do however overwhelingly support this bill. -Nelly Flynn Financial political spokesperson of the SF |
| Date | 00:43:19, November 19, 2019 CET | From | Liberal Party of Hutori | To | Debating the The Revitalizing Socialism Act |
| Message | Mr. Speaker We can not accept a full nationalization of our economy. While there are certain aspects we can accept, there are steps we can not. At this time, our caucus will be voting against it. Lisa Morrison Leader of the Liberal Party of Hutori MP for Axminister South (L-AD) |
| Date | 16:28:24, November 19, 2019 CET | From | Hutori Party | To | Debating the The Revitalizing Socialism Act |
| Message | Mr Speaker, Our economy has been growing at record pace since our reforms, why would we want to stop progress? Isaac Steuart-Carmichael MP for Glentingham East Leader of the Royalist Party |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 236 | |||
| no |
Total Seats: 342 | |||
| abstain | Total Seats: 72 |
| Random fact: "Spamming", or the indiscriminate posting of unsolicited messages, is not allowed. |
| Random quote: "It is necessary for him who lays out a state and arranges laws for it to presuppose that all men are evil and that they are always going to act according to the wickedness of their spirits whenever they have free scope." - Niccolo Machiavelli |