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Bill: Financial Reform 2081
Details
Submitted by[?]: Republican Party
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: August 2084
Description[?]:
| Our Nation should have balanced budget. There can't be more expenses then incomes. |
Proposals
Debate
These messages have been posted to debate on this bill:
| Date | 19:05:16, July 17, 2005 CET | From | Inactive | To | Debating the Financial Reform 2081 |
| Message | This bill is too broad. |
| Date | 23:59:58, July 18, 2005 CET | From | Social Dynamist Party | To | Debating the Financial Reform 2081 |
| Message | What is this? A constitutional bill, a voluntary motion, a commitment to arrest economics ministers who incur a single Tukar's worth of debt? |
| Date | 01:59:16, July 19, 2005 CET | From | Patriot Party | To | Debating the Financial Reform 2081 |
| Message | Opposed as well. |
| Date | 03:55:37, July 19, 2005 CET | From | Rightist Party | To | Debating the Financial Reform 2081 |
| Message | I doubt this is a constitutional bill because there are no proposals and how this is structured, doesn't matter if it is or not because if it gets more ayes than nays, it'll pass. We'll vote no anyway. |
| Date | 22:01:09, July 19, 2005 CET | From | Republican Party | To | Debating the Financial Reform 2081 |
| Message | So lets talk what is debt. Debt is when you spend more than you have. So where the money go from? a) you can print some money. Hope we have gold standart for Tukar. So if government try to print some money peoples try to change money for gold and there will be no gold in treasury. b) you can borow some money from market, what does it mean borow money? You take a money and you give bonds. Bonds got cuppons. Which means you have to make profit in future. Bonds not only will be repay by our children, they also make a pressure on the money rates to go up. What does it mean rates go up? If rates go up you will have smaller chance to get borow from banks. c) taxes. But how long we gonna rise our taxes? |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 66 | ||||||
| no |
Total Seats: 219 | ||||||
| abstain | Total Seats: 14 |
| Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
| Random quote: "A lot of people are waiting for Martin Luther King or Mahatma Gandhi to come back, but they are gone. We are it. It is up to us. It is up to you." - Marian Wright Edelman |