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Bill: Finance Reform Act IV.
Details
Submitted by[?]: Popular Bloc
Status[?]: defeated
Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: March 4687
Description[?]:
| The current economic situation is stable and effective, but many companies are still affected and need financial support to make the economy even stronger. There should be a National Investment Bank, backed up by a network of Regional Development Banks, to provide money (the Public Finance Institute decide the number of money) of lending for business, infrastructure and innovation over 15 years. The NIB should not be integrated into the central bank, but should only work with it. The NIB should be under the control of the Public Finance Institute (in each constituency democraticly elected one member). Lending should be provided to businesses with democratic worker's councils (expect the Public Finance Institute decide differently). This is the only way to guarantee a strong economy that is democratic and profitable for everyone. Article I. : A National Investment Bank should be created, controlled by the Public Finance Institute Mario Negri MP Minister of Finance |
Proposals
Debate
These messages have been posted to debate on this bill:
| Date | 19:56:10, December 27, 2019 CET | From | Popular Bloc | To | Debating the Finance Reform Act IV. |
| Message | The NIB sets standards and only lends a certain amount of money, if it is not enough for the company or does not agree, then it can choose other regional banks |
| Date | 04:33:15, December 28, 2019 CET | From | Social Capital Party | To | Debating the Finance Reform Act IV. |
| Message | The SCP is skeptical of large banks of any kind. We will vote for this measure only if the Bloc assures our members that such investment money will be made available for mini-, small-, and medium-sized businesses, small family farmers and fisheries, voluntary and worker cooperatives, and artisan craft guilds. |
| Date | 18:03:06, December 28, 2019 CET | From | Popular Bloc | To | Debating the Finance Reform Act IV. |
| Message | We understand the concerns of the SCP. The NIB sets standards and only investing a certain amount of money. If someone doesn't like it, then everyone can go to other private small or regional banks. We can guarantee that investment will be available to everyone, so too mini-, medium-sized businesses, small family farmers, voluntary and worker cooperatives and artisan craft guides. The NIB should serve to help everyone and thus strengthen the economy, for the many, not the Few. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 109 | ||
| no |
Total Seats: 160 | ||
| abstain | Total Seats: 91 |
| Random fact: Before choosing a nation, you may wish to research it first. For more information on the cultural backgrounds of the nations, please see the Cultural Protocols Index: http://forum.particracy.net/viewtopic.php?f=11&t=6365 |
| Random quote: "The whole uncivilized bunch on the opposite benches can get stuffed." - Craig Warwick, former Dranian politician |