NE1: Northeast Regional Currency Act
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  NE1: Northeast Regional Currency Act
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Author Topic: NE1: Northeast Regional Currency Act  (Read 390 times)
DKrol
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« on: May 29, 2015, 03:28:06 PM »

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The following section shall be added to the Northeast Regional Bank Act:

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[/quote]

Debate will last for 72 hours, ending at 5:00PM EST on Monday, June 1st.

Rep. Altsomn Stmarken, you have 36 hours to advocate for your bill.
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Dr. Cynic
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« Reply #1 on: May 29, 2015, 03:36:08 PM »

This seems like it could cause major headaches for any future GM to take into account the economic impact of introducing our own currency separate of the rest of Atlasia. I'll really need some heavy convincing for this one.
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DKrol
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« Reply #2 on: May 29, 2015, 03:44:32 PM »

I concur with Cinyc's stance.
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free my dawg
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« Reply #3 on: May 29, 2015, 03:55:34 PM »

Doesn't this blatantly violate Article I, Section VII of the Constitution?
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Dr. Cynic
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« Reply #4 on: May 29, 2015, 04:08:22 PM »


I'm Cynic.

Cinyc is the other guy.
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Clyde1998
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« Reply #5 on: May 29, 2015, 04:16:49 PM »

Doesn't this blatantly violate Article I, Section VII of the Constitution?
Yes, unfortunately - https://uselectionatlas.org/AFEWIKI/index.php/Official_Constitution#Section_7:_Powers_denied_to_the_Regions
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pikachu
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« Reply #6 on: May 29, 2015, 10:36:26 PM »

As cool as this could be, I'm with the consensus on this one.
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Prince of Salem
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« Reply #7 on: May 30, 2015, 02:54:57 AM »

I was told about the constitutional issues regarding this bill. Still, there's a point to be made.

There's many reasons to support a regional currency. First, the most obvious, pride for our region. Second, because regions need to take bigger responsibilities on their local economies. Also, competition will do well to regulate the dollar. Plus, the many benefits for our local economy: currency supply, encouragement to "buy Northeasterner", etc.

Unfortunately, the writers of our Atlasian Constitution (or whoever wrote that part) decided the dollar would be better off fighting alone. To do this, they forced regions with bigger initiative to back down on creative proposals like this one. This makes for a new point for debate: should we continue this nonsense of pushing the dollar alone and the regions apart, or do we let some space for new initiatives?

This point, of course, will be made later. I table this bill now, but I certainly won't table this issue.
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DKrol
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« Reply #8 on: May 30, 2015, 07:54:54 AM »

The sponsored has tabled this bill and it will be removed.
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