2009 Atlasian Economic Relief and Recovery Bill (Law'd)

[Southern Senator North Carolina Yankee]

I propose the following to amend C in Section 3:

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Also I'm working on another amendment that can at least somewhat address who controls the projects, funds, etc. (Federal vs Regional, you know, all that jazz.)

That sounds reasonable enough.

[Marokai Backbeat]

Ideally I would prefer alot more funds.. but I'm unsure if any more than 15 billion could pass.

[Southern Senator North Carolina Yankee]

Ideally I would prefer alot more funds.. but I'm unsure if any more than 15 billion could pass.

Well since Chrysler and GM have burnt through $87 billion since December, I would agree more is needed. However I two doubt it would pass. Too many Senators just hate Michiganders or something.

I have a question regarded to clause B dealing with the Research. Does Atlasia have the same R&D program that we have in RL and use for military, Aerospace, and Medical research?

[MasterJedi]

This might be the next amendment. If not I might have missed this one.

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[Fritz]

I proposed that, and subsequently withdrew it.  This should not be on the table.

Aye.

I withdraw my amendment, in hopes that Franzl or Yankee come up with a compromise.

[Purple State]

What is the amendment queue on this bill? Do we have any more pending?

[Southern Senator North Carolina Yankee]

Could we get an update on where the bill stands currently as amended so far? I have a few ideas but I need to see what has already been done, first. We have been debating this for a good 2 weeks.

[MasterJedi]

Just an FYI that I'm a little busy now so I'll get to this bill come tonight. I'll post an updated version of the bill and open the next amendment vote then (if there is one).

[MasterJedi]

I still need to go back and check the amendment queue but here should be the current version of the bill, unless I missed something:

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[MasterJedi]

Ok, this is the next amendment. I'll open up the vote tomorrow morning on it.

I propose the following to amend C in Section 3:

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[MasterJedi]

I hereby open up the vote on this amendment. Please vote Aye, Nay or Abstain.

I propose the following to amend C in Section 3:

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Aye

[tmthforu94]

Aye

[Hash]

aye

[Fritz]

Aye

[Purple State]

Aye

[MaxQue]

Aye

[Marokai Backbeat]

Aye

[Southern Senator North Carolina Yankee]

Aye


The first two sections alone are bigger then the RL Stimulus bill. The current bill stands at $998 Billion dollars. Which will cross the Trillion mark once this amendment passes. We are nearly done. I have two potential amendments one would appropriate $2 Billion to replenish crisis funds through Social Services, and the other would increase Clause b of Section of Section 3 from $5 Billion to $10 Billion dollars.

[MasterJedi]

With 8 Ayes, 0 Nays and 0 Abstentions this amendment has passed.

[Southern Senator North Carolina Yankee]

I introduce the following amendment.

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Fairly straight forward amendment. This program is meant for to help the poor in "emergency" situations, however they also cover unpaid electric bills, so you can guess what has happened to hear, they have been severly depleted. So this amendment replenishes there reserves and the timing couldn't be worse with Hurricane season already underway.

[Vepres]

Have any of you considered the consequences of this spending. Inflation anybody?

Remember, we actually have an active GM now.

[Southern Senator North Carolina Yankee]

Have any of you considered the consequences of this spending. Inflation anybody?

Remember, we actually have an active GM now.

If any inflation were created it would actually help and a falling dollar helps our exports and our manufacturing sector.

[Purple State]

Have any of you considered the consequences of this spending. Inflation anybody?

Remember, we actually have an active GM now.

If any inflation were created it would actually help and a falling dollar helps our exports and our manufacturing sector.

Exactly. Assuming we have a similar recession to the US, deflation has been so severe that the inflation caused by this spending would either be minimal or simply right the ship.

[Vepres]

Have any of you considered the consequences of this spending. Inflation anybody?

Remember, we actually have an active GM now.

If any inflation were created it would actually help and a falling dollar helps our exports and our manufacturing sector.

Exactly. Assuming we have a similar recession to the US, deflation has been so severe that the inflation caused by this spending would either be minimal or simply right the ship.

I'm just worried about hyperinflation down the road. Of course, BrandonH hasn't given us numbers on the national debt and such yet.

[Purple State]

Have any of you considered the consequences of this spending. Inflation anybody?

Remember, we actually have an active GM now.

If any inflation were created it would actually help and a falling dollar helps our exports and our manufacturing sector.

Exactly. Assuming we have a similar recession to the US, deflation has been so severe that the inflation caused by this spending would either be minimal or simply right the ship.

I'm just worried about hyperinflation down the road. Of course, BrandonH hasn't given us numbers on the national debt and such yet.

The temporary spending in this bill will not do anything to inflation long-term. Only injecting massive amounts of liquid capital Fed-style could do that and we don't have a Fed so...