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Bill: The Govermental Economic Intervention Act
Details
Submitted by[?]: Conservative Party (Hardliners)
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 5080
Description[?]:
| The Progressive Party members need to not forget how their party works, because the PP, is the unification of Socialists and of Liberals who unites despites their political differences on economy, for make Luthori a better place to live, the left-wing faction of the PP, proposes an state intervention bill on economy despites the opposition of the right-wing faction of the PP, who supprots instead Laissez-Faire as the PP's position on the economy. |
Proposals
Article 1
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Current: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Proposed: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Article 2
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 3
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 to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).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 only actively enforced in specific sectors of the economy.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are forbidden, and are actively broken up.
Article 4
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: Stock exchanges are allowed and are unregulated.
Proposed: Stock exchanges are allowed but are regulated.
Debate
These messages have been posted to debate on this bill:
| Date | 11:09:59, February 23, 2022 CET | From | Conservative Party (Hardliners) | To | Debating the The Govermental Economic Intervention Act |
| Message | Not "The Civil Rights Act - Phase 3" but "The Economic Intervention Act" |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 71 | |||
| no | Total Seats: 93 | |||
| abstain |
Total Seats: 136 |
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