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: Domestic Economic Power Act
Details
Submitted by[?]: The Federalists
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: December 5020
Description[?]:
| The government's policy regarding foreign investments. |
Proposals
Article 1
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may freely invest in national companies.
Current: Foreign investors may invest in national companies, but may not get a majority share.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Debate
These messages have been posted to debate on this bill:
| Date | 23:04:09, October 28, 2021 CET | From |  Rutanian Centre Party | To | Debating the Domestic Economic Power Act |
| Message | We would oppose this as the current law passed by the RCP has article 2 which permits the government to prevent a majority being bought if not in national interest. The Federalists should look at laws passed. |
| Date | 00:40:06, October 29, 2021 CET | From | The Federalists | To | Debating the Domestic Economic Power Act |
| Message | OOC: Which bill are you talking about? |
| Date | 00:49:34, October 29, 2021 CET | From | Rutanian Centre Party | To | Debating the Domestic Economic Power Act |
| Message | The Foreign Investment Act 5017. President Cameron |
| Date | 00:59:18, October 29, 2021 CET | From | The Federalists | To | Debating the Domestic Economic Power Act |
| Message | Then why not just expand Article 2? What foreign investment will mainly benefit Rutania? Foreign investors are out for themselves, and not for us. |
| Date | 01:48:16, October 29, 2021 CET | From | Rutanian Centre Party | To | Debating the Domestic Economic Power Act |
| Message | We don’t believe that is true. We believe that foreign investment brings money into Rutania. Imagine, you own a company in Rutania and you want to sell it so that you can invest your money elsewhere. You can sell your company to a local investor for 1 billion RUT and invest the proceeds of the sale in a new venture here in Rutania, or you could sell your company to a foreign investor for 2 billion RUT and have twice as much money to invest and spend in Rutania. President Cameron |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||||
| yes |
Total Seats: 138 | |||||
| no |
Total Seats: 362 | |||||
| abstain | Total Seats: 0 |
| 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: "A single death is a tragedy; a million deaths is a statistic." - Josef Stalin |