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Bill: Last Resort Act
Details
Submitted by[?]: Democratic English Labour Reform 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: September 2321
Description[?]:
Article 1: If a business in a specific industry that is vital to our people and is failing then we should intervene to make sure that the business does not collapse. We would only need to do this if it is a vital and a need for the people of Kanjor. |
Proposals
Article 1
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: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Debate
These messages have been posted to debate on this bill:
Date | 05:31:37, November 28, 2006 CET | From | Kanjoran Liberal Party | To | Debating the Last Resort Act |
Message | We strongly believe that government should not reward bad business decisions by bailing out industries. |
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Voting
Vote | Seats | ||
yes | Total Seats: 31 | ||
no | Total Seats: 92 | ||
abstain | Total Seats: 77 |
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