[PASSED] Deposit Insurance Fund

[Anne of Cleves in TNP]

“Look, if there is one word I would imprint on my red dress, it’s not the word ‘economics’. Considering that I am not an economics major, I hereby support this proposal by default…? I don’t know what else to do in regards to this proposal.”
-Ms. Charlotte Schafer, WA Ambassador for the Clevesian Empire

[The Orwell Society]

Support. Though I do believe you should switch 1 and 2, as the Deposit Insurance fund should be defined before you enact it. Not a very big, important suggestion, but I do believe it will assist in the structure if this proposal.

[West Barack and East Obama]

Dr Justin Obama, Deputy Minister of Foreign Affairs: Looks great. We support this endeavour.

[Simone Republic]

Support. Please see my telegram for my suggestions.

[Imperium Anglorum]

Bump.

[Simone Republic]

“Look, if there is one word I would imprint on my red dress, it’s not the word ‘economics’. Considering that I am not an economics major, I hereby support this proposal by default…? I don’t know what else to do in regards to this proposal.”
-Ms. Charlotte Schafer, WA Ambassador for the Clevesian Empire

OOC

As a follower as Nassim Nicholas Taleb, I believe being an economist has nothing to do with economics.

[Old Hope]

This is in queue. It might go to a vote in 1 day and 8 hours from now.

[Heavens Reach]

Bump.

Is there perhaps a layman's explanation/document for what's going on in each of these clauses? This is not our area of expertise

[Imperium Anglorum]

I wrote a background some time ago. viewtopic.php?f=9&t=444138#p34115835.

[United Patriots and Petroleum]

We strongly call for an “against” vote. The terms of the resolution are not Business friendly enough

[The Wallenburgian World Assembly Offices]

"If I am not mistaken, this would require member states to let the Fund sell away their own government-owned banks and local credit unions to foreign entities indifferent or even outright malicious toward the stakeholders of those institutions' financial power. This alone is enough reason for my office to oppose this resolution."

[Petralaka]

This resolution has a spelling error in it. How can I trust the author of this bill's ability to think critically, if he can't even spell? The Republic of Petralaka opposes this bill.

[Heidgaudr]

This resolution has a spelling error in it. How can I trust the author of this bill's ability to think critically, if he can't even spell? The Republic of Petralaka opposes this bill.

Where's the error? Words like 'enrol', 'standardised', and 'programmes' are all legitimate spellings of the words - though are used primarily in Europe.

[WayNeacTia]

This resolution has a spelling error in it. How can I trust the author of this bill's ability to think critically, if he can't even spell? The Republic of Petralaka opposes this bill.

The author has authored more resolutions than anybody in the game, has been commended by the Security Council twice, and maintains the directory of passed resoultions. You on the other hand have done none of this. Who do you think is in the right here?

[Animeden]

Personally, I do not agree with the suggestion that the WA should be able to collect personally identifiable information on my citizens who choose to use banks. Privacy and security is a really important matter here in Animeden, and this law could really harm some of our thoughts. However, I think that this fund is a really great idea. Citizens of Animeden who wish for their personal and legal information to not be collected by the WA could pick another payment method that we here in Animeden support, like Cryptocurrencies or Cash. Where this becomes an issue though is when you travel outside Animeden. A lot of countries have started shifting from Cash to Credit cards, and usually don't support Cryptocurrencies on a government level. Personally, I am for this proposal, however I'd like for each nation to get some leeway regarding this new law. My proposal is that each individual nation has to implement some sort of Deposit Insurance Fund, but can choose how that fund works and is operated.

[Petralaka]

This resolution has a spelling error in it. How can I trust the author of this bill's ability to think critically, if he can't even spell? The Republic of Petralaka opposes this bill.

The author has authored more resolutions than anybody in the game, has been commended by the Security Council twice, and maintains the directory of passed resoultions. You on the other hand have done none of this. Who do you think is in the right here?

You're trying to use the appeal to authority fallacy to distract from the spelling. You sir are indeed a troll.

[Fachumonn]

The author has authored more resolutions than anybody in the game, has been commended by the Security Council twice, and maintains the directory of passed resoultions. You on the other hand have done none of this. Who do you think is in the right here?

You're trying to use the appeal to authority fallacy to distract from the spelling. You sir are indeed a troll.

Mind pointing out the spelling? It may be that you are unaware that things are spelled differently in other countries besides America.

*yes I know this is kind of ironic, as IA would be sure to point out

[The Pacific Northwest]

Mind pointing out the spelling? It may be that you are unaware that things are spelled differently in other countries besides America.

I had nothing better to do so I’ve actually read the resolution a couple times now specifically trying to find the spelling error and the only things that caught my eye were words that weren’t wrong, just not American and as such looked unusual to me, an American.

And quick glance at their comment history revealed that their very first post was one saying they opposed a resolution because artifact was spelled as ‘artefact’, which is just the preferred spelling outside of the US (which I was actually unaware of until now, I thought I was aware of most of the differences, guess I just hadn’t seen that word spelled that way before).

I could just be blind but I think the spelling error is probably just a spelling difference.

[Roavin]

The author has authored more resolutions than anybody in the game, has been commended by the Security Council twice, and maintains the directory of passed resoultions. You on the other hand have done none of this. Who do you think is in the right here?

You're trying to use the appeal to authority fallacy to distract from the spelling. You sir are indeed a troll.

Fallacies are not against the site rules, and neither is pointing them out (like you have done). However, troll-naming is (see the relevant section of the rules here).

[West Barack and East Obama]

Congratulations to Imperium Anglorum for passing their fiftieth(!) GA resolution.

[Tinhampton]

Deposit Insurance Fund was passed 11,205 votes to 2,518. (81.65% support)

[Fachumonn]

Congrats to IA for passing this and their fiftieth GA res.! Wow!