Senate Bill: Pacific Crisis Stimulus Act (Enacted)

[Southern Senator North Carolina Yankee]

In his hurry he left the sponsor off, which is my fault becomes I am rushing him.


I figure since repeating previous failures is acceptable course for immigration policy in RL, I would reuse the failed strategy from the Mental Health Bill here.

Actually Nix asked that it be done this way.

[Southern Senator North Carolina Yankee]

I kind of expected Nix to have posted by now.

Anyway when I last discussed the matter we planned on 1) hiring the Pacific state employees ourselves or 2) if the Pacific was restored by court rulling to support the Pacific Gov't doing that through two means:

1) Fed buying their Bonds
2) Us backing their bonds up to 100% of face value for a set period (basically a gov't backed loan)

We also discussed the matter of banks exposed to bonds that might pose a threat (not just Pacific, but all bonds could be hit by this)

And finally a General stimulus in the range of $100 to $200 billion (basically the stimulus that Romney apparently never proposed) including a strong component of infrastructure spending.

[Southern Senator North Carolina Yankee]

I thought the infrastructure spending would be national, no?

[Southern Senator North Carolina Yankee]

That would be acceptable. My point was I got the impression from our PM exchanges that the stimulus spending portion would be national so as to stave off a nationwide potential recession.

[Southern Senator North Carolina Yankee]

Remember, Nix, just the uncertainty alone is enough to cause a recession and keep in mind that this has been a crisis since mid June (really months before that if you count the inactivity too), so don't think a favorable court ruling is going to magically wish the economic problems away.

[Southern Senator North Carolina Yankee]

I would also recommend healthcare facilities, ranging from general practices to more specialized operations in certain areas.


How do you want this structured?

[Southern Senator North Carolina Yankee]

By which I mean distributing the funds of course.

[Southern Senator North Carolina Yankee]

We had a narrow surplus of like $20 to $50 billion, but that will be gone now by virtue of the slowdown in the economy, which started back in May or April according to the employment charts.

I am almost certain we now have a deficit.

[Southern Senator North Carolina Yankee]

I concur Mr. President.

[Southern Senator North Carolina Yankee]

I'm not very aware about payrolltaxes, but who would have the money freed? The employer or the worker?

The employee. It's taken directly out of their paychecks.

And the employer if one choses to extend it to them, since they at least on paper, pay half of the tax.

I am certain that the unemployment rate back in April (or was it March) is that lowest that unemployment has been in the four and a half years I have been in this game. Of course we didn't have data prior to PS's term as GM to go by.

Typically when unemployment (though not a perfect indicator) rises and keeps rising, a recession has begun. Typically the recession begins first but you don't know that it is begun (you learn about it through revisions) until after the you see the unemployment rising. Therefore since unemployment has been rising since May, a recession may have began in April and considering we have had two months (we can basically considering two months the equivalent of two quarters) of bad numbers, I think a recession is almost certainly where we are at by now. Also typically the economy can start slowing months before that point of no return for instance in October 1929, the economy had already been slowing down since the Spring if not fall of the previous year from what I read. The same can be said of the situation in 2007 when consumer demand flatlined in the middle of that year as the credit crunch got worse.

The economy of Atlasia has always been crappy primarily because of incompetence and instability in government. If Atlasia's economy were run by a computer simulation (think Vicky Revolutions or I guess Vicky 2 now), well lets just say Sam Spade might have stuck around to see a virtual equivalent to his real life predictions play out. Then of course opponents would make an issue of that data and incumbents would have to answer for them and lets just say this game would actually be fun. You would have something to run on and run against and suddenly fighting incompetence and inactivity will no longer be a Quixotic fight against gravity.

[Southern Senator North Carolina Yankee]

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All numbers are flexible and some of this wording is just tentative and shlal need refinement. Can we get Adam to break away from his aggressive CYA to provide us some numbers? P  

Sbane, how does 1.4.3 suit you?

[Southern Senator North Carolina Yankee]

The amendment is out of order, it is seeking to stike a text that doesn't exist.

Lets at least settle the content and get that in the text, before we haggle over conditions for how it is to be used and then you will have text to strike.

As for the legalities, it is taxpayer money to the federal treasury and we can set whatever standards we want for its usage to ensure it is being handled responsibly.

Would you trust your paycheck to such people?

[Southern Senator North Carolina Yankee]

As for the legalities, it is taxpayer money to the federal treasury and we can set whatever standards we want for its usage to ensure it is being handled responsibly.

Would you trust your paycheck to such people?

It would be surprising than none of them are elected on the Pacific Council.
Deciding to exclude those members from the decisions would be constitutionnaly dubious, at best. Going over it and taking the decisions by ourselves would be very ironic, since it's what they want since the very beginning.

I don't see what you mean. Besides, it wouldn't be the Pacific Council but spamage that would actually be handling the money, and the SoIA already has the ability to pull monies in litterally numerous bills and on numerous distributions if it is being misused. This isn't Pacific money, this is the Federal Govt's and we have the obligation to set standards for its use as we have doen on dozens of bilsl over the past several years. This is no different then any of them as far as the legalities are concerned.

[Southern Senator North Carolina Yankee]

You don't say

[Southern Senator North Carolina Yankee]

Nix, where is our GM?

[Southern Senator North Carolina Yankee]

Just to Clarify:

All numbers are flexible and some of this wording is just tentative and shlal need refinement. Can we get Adam to break away from his aggressive CYA to provide us some numbers? P 

[Southern Senator North Carolina Yankee]

Well lets not go overboard over a text that I through together on such short notice, we don't even really have a current text at this stage.


Now

After taking a look at the SEDZI Act that Yankee asked GM Griffin to make a Report, I was thinking about that it would be better if we started the "Atlasian Works" program under the Pacific Region rather than creating a new bill of stimulus.

As the SEDZI Act has already passed into the Senate three years ago but was never put in place, it would take much less time if we just enact it now rather than standing with this legislative effort of another stimulus bill.

GM Griffin's estimates that the SEDZI would cost about 11 Billion Dollars and that would be a good amount of money for the Pacific Stimulus if we consider that bonds are also being bought by the FED and other measures may be taken by the Regional Government following the days after the Council and the Gubernatorial Recall.

What would be needed to do that? Is it legislation or can you do it with what authorization you have right now?

[Southern Senator North Carolina Yankee]

How is this for the first problem?

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Yes, but were these zones ever created to begin with, in which case the 12 months wouldn't have commenced yet?

[Southern Senator North Carolina Yankee]

I never thought I would see that "C word" again, with the Dissolution and all.

Oh and Nix, avatarism is so yesterday man.

I would recommend you to give the money of the Pacific Region to the Department of Internal Affairs. If the NM-AM wins, then I will directly spend the money dodging the Regional Government. If they are not elected to the Council or to the Governorship, the money will go freely to the Regional Government.

Technically you get the money for every region. You mean let you distribute it in place of the Regional Gov't?

Okay time to offer my amendment...

[Southern Senator North Carolina Yankee]

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Sponsor Feedback: Origination
Status: Senators have 24 hours to object.


Altered some of the text slightly to address some of the concerns about the SoIA's flexibility, corrected a few other minor problems and inserted the SEDZI fix.

An no Toomey, I won't change parties just to get reelecTED. Sorry, stimuluses, recessions and listening to the Working on a Dream Album, put me in a 2009 mood.

[Southern Senator North Carolina Yankee]

Nothing in this act discriminates against people based on their beliefs. I beleive that it was the President who suggested doing so on the previous page.

This bill has languaged contained within it that prevents those who have a history of violating their fiduciary trust to their constituents to safe guard their interests and provide stability, from being placed in position of responsibility regarding federal funding.

I would encourage Senator Napoleon to redirect his energies to more proper channels so such questions of involvement and stuff can be probed effectively (or to be more frank, respond to my damn PMs already ).

[Southern Senator North Carolina Yankee]

I reiterate my earlier request for the Senate to hold a vote on limiting the use of federal funds so that we can move on to solving whatever other problems remain with this bill. With every day of inaction recession becomes more likely.

At the present juncture, no such delay has been effected that I can see.

[Southern Senator North Carolina Yankee]

I don't doubt that, but those standards are also used for the other five regions and they don't have councils, or Governors in one case. So is there a way to make it more region neutral like "Executive and Legislative" institutions?

Or make 1a, explicitly Pacific only. 


If not those two, then we have to change 2 and 3.

[Southern Senator North Carolina Yankee]

My previous amendment has been adopted and is now the current text.

[Southern Senator North Carolina Yankee]

Yes I know, but the problem is these lines in Clause two and three.

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The clause 1 reference would include the subclause as well, as a component thereof. These regions lack the same officials.

Also could you strike the that italicized above as part of your amendment. I thought I caught all such minor problems but I guess not.