SENATE BILL: Worker Co-operative Pilot Program (Law'd)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
March 28, 2024, 09:07:18 PM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  Atlas Fantasy Elections
  Atlas Fantasy Government (Moderators: Southern Senator North Carolina Yankee, Lumine)
  SENATE BILL: Worker Co-operative Pilot Program (Law'd)
« previous next »
Pages: [1] 2
Author Topic: SENATE BILL: Worker Co-operative Pilot Program (Law'd)  (Read 2051 times)
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« on: August 18, 2012, 07:15:31 PM »
« edited: September 19, 2012, 11:07:55 PM by Senator North Carolina Yankee »

Quote
You must be logged in to read this quote.

Sponsor: Seatown
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #1 on: August 18, 2012, 07:17:17 PM »

Senator, you have 24 hours to advocate for this.


Is it customary to capitalize the first letter after a hyphen in cases like these?
Logged
Kaine for Senate '18
benconstine
Atlas Superstar
*****
Posts: 30,329
United States


Show only this user's posts in this thread
« Reply #2 on: August 18, 2012, 09:24:57 PM »

I'm gonna need some serious convincing on this legislation, especially the billion dollar price tag.
Logged
The world will shine with light in our nightmare
Just Passion Through
Atlas Legend
*****
Posts: 45,174
Norway


Political Matrix
E: -6.32, S: -7.48

P P P

Show only this user's posts in this thread
« Reply #3 on: August 18, 2012, 09:26:55 PM »

I find section two extremely unspecific and vague.
Logged
Napoleon
Atlas Icon
*****
Posts: 14,892


Show only this user's posts in this thread
« Reply #4 on: August 18, 2012, 11:13:04 PM »

Is it customary to capitalize the first letter after a hyphen in cases like these?

The Wiki happens to use both. Hahaha.

I'm gonna need some serious convincing on this legislation, especially the billion dollar price tag.
I am quite the penny pincher myself, but we already offer loans to companies for various reasons so I don't see why examining a particular business model that could be more favorable to workers should be cast aside. $1 billion is not all that much in the grand scheme of things.

That said, I think we should limit this program to three years and require businesses accepting these loans to share their information with the DoIA so we can properly evaluate their economic potential. The ESOPs in the law I linked to are given tax breaks but that doesn't necessarily correlate to an increase in that business model. Perhaps we may need Gm Shua to provide some information about the prevalence of ESOPs compared to more "traditional" business models.
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #5 on: August 19, 2012, 06:41:37 PM »


lol, nice job Marokai. Tongue

Well it is closer now to being accurate then what seatown originally put it as.
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #6 on: August 19, 2012, 06:44:26 PM »

I don't have a particular problem with co-ops, but as Scott said this current text is presently lacking in definition and in standards, which poses and open invitation for fraud if you ask me.
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #7 on: August 19, 2012, 06:47:35 PM »

I might be able to work up an amendment, but I will need some time.
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #8 on: August 20, 2012, 06:50:57 PM »

Oh no! SEATOWN!!!!!!!!!  You let the 24 hours expire last night. Sad



Motion to Table (unless there is a LOA somewhere from him)

Damn it all the hell! Why can't you people just be active!
Logged
LastVoter
seatown
YaBB God
*****
Posts: 4,322
Thailand


Show only this user's posts in this thread
« Reply #9 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
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #10 on: August 21, 2012, 12:07:48 AM »

Whether or not someone says they will amend has no bearing on the obligations I place on sponsors in the first 24 hours. The very reason I place the obligation is so that the sponsor can respond to critiques and they can be dealt with quicker then otherwise would be the case. Not to mention it ensures the sponsor is there to answer questions and at least cares enough about the bill to post something about why it is needed in the first 24 hours. If a sponsor fails to do that, then I can only assume it isn't important and thus I will automatically motion to table all bills whose sponsor fails to post as required. This has been my policy for several months and has been mentioned or referred to in literally every bill brough to the floor since where I state, "okay you have 24 hours....".

Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #11 on: August 21, 2012, 12:10:39 AM »

The motion will stand, but it is meaningless without a second and since you have posted I will recommend that no one second it.
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #12 on: August 21, 2012, 12:13:17 AM »

Quote
You must be logged in to read this quote.

We should define this business model in the bill, otherwise with no legal defination of what qualifies for the loans, anyone could call themselves and Co-op and then be eligible for money.
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #13 on: August 21, 2012, 12:21:03 AM »

Quote from: Restricted
You must be logged in to read this quote.
Logged
LastVoter
seatown
YaBB God
*****
Posts: 4,322
Thailand


Show only this user's posts in this thread
« Reply #14 on: August 21, 2012, 10:01:05 PM »

Quote from: Restricted
You must be logged in to read this quote.

The amendment is Friendly
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #15 on: August 21, 2012, 10:18:30 PM »

I am not done yet. Tongue
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #16 on: August 21, 2012, 11:41:06 PM »

Quote from: Restricted
You must be logged in to read this quote.


Sponsor Feedback: Needs Re-entry for Finalized Amendment Text
Status: Awaiting Feedback



Logged
LastVoter
seatown
YaBB God
*****
Posts: 4,322
Thailand


Show only this user's posts in this thread
« Reply #17 on: August 22, 2012, 09:18:19 PM »

Friendly
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #18 on: August 22, 2012, 11:38:06 PM »

Senators have 24 hours to object.
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #19 on: August 23, 2012, 08:24:47 PM »

This has about three hours left.
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #20 on: August 24, 2012, 10:34:08 PM »

The amendment has passed.


Is there anything else that needs to be done with this? Should we consider limiting this specific industries? I fear if too widely diseminated, we may not get an accurate picture of the results of the program.
Logged
🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,665
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW Show only this user's posts in this thread
« Reply #21 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.
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #22 on: August 26, 2012, 02:00:57 AM »

Does the sponsor have any reponse to the Game Moderator?
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #23 on: August 27, 2012, 08:25:12 PM »

SEATOWN!!!!!!!!!!!!!!!!!!!!!!
Logged
LastVoter
seatown
YaBB God
*****
Posts: 4,322
Thailand


Show only this user's posts in this thread
« Reply #24 on: August 27, 2012, 08:32:51 PM »

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.
Logged
Pages: [1] 2  
« previous next »
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.041 seconds with 12 queries.