SENATE BILL: Worker Co-operative Pilot Program (Law'd) (user search)
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  SENATE BILL: Worker Co-operative Pilot Program (Law'd) (search mode)
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Author Topic: SENATE BILL: Worker Co-operative Pilot Program (Law'd)  (Read 2101 times)
LastVoter
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« on: August 21, 2012, 12:01:01 AM »
Well, I thought you were going to introduce an amendment. But anyway I am introducing this because worker control results in fairer distribution of income, and there is not many loans given to traditional business models, much less not traditional ones right now.
http://en.wikipedia.org/wiki/Mondragon_Corporation
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LastVoter
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« Reply #1 on: August 21, 2012, 10:01:05 PM »
Quote from: Senator North Carolina Yankee on August 21, 2012, 12:21:03 AM
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The amendment is Friendly
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LastVoter
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« Reply #2 on: August 22, 2012, 09:18:19 PM »
Friendly
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LastVoter
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« Reply #3 on: August 27, 2012, 08:32:51 PM »
Quote from: shua, gm on August 26, 2012, 12:14:17 AM
What is meant by "favorable loan rates"?  I'm wondering whether this program will end up operating at a loss or if the investment will be recouped.
The same loans as the similar types of businesses would get, but the co-operatives don't because of banks unwilling to take risks/support this type of ventures. The program should not incur much of a loss, I guess if it doesn't incur the $1 billion loss, funds can be returned.
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LastVoter
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« Reply #4 on: August 29, 2012, 11:37:38 PM »
No? I think there is a committee that will decide how to spend it, and maybe report at the end of each year?
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LastVoter
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« Reply #5 on: August 31, 2012, 08:46:56 PM »
Quote from: Senator North Carolina Yankee on August 31, 2012, 08:41:45 PM
You think? Doesn't sound promising from a strength of the language standpoint. Tongue
I'll offer an amendment soon.
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LastVoter
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« Reply #6 on: September 04, 2012, 09:36:34 PM »
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LastVoter
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« Reply #7 on: September 05, 2012, 12:05:38 AM »
Amendment:
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LastVoter
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« Reply #8 on: September 06, 2012, 01:23:50 AM »
Yea, final vote time.
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LastVoter
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« Reply #9 on: September 06, 2012, 10:56:15 AM »
Aye
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