[Ministry of Finance] New Legislation: Board of Directors.
Day 2,110, 09:02
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Published in Japan 
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by
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by tarasino
Greetings gentlemen,
For a year now most of the country assets have been administered by the Minister of Finance, making him the most powerful non-elected person in the country. The more the country wealth has grown, the more has grown the power of the Ministry.
As of now, The Ministry of Finance (I, as MOF and ahava3233, as vMoF) controls in practice 95% of the organizations, more than 80% of the country wealth and 50% of the monthly revenues.
Congress, as of now, has little saying in financial matters. The revenue from the treasury is so small than it is used solely for MPP purposes and there is no law about a budget or anything similar.
It was the opinion of the President, an opinion which i share, that this poses a risk for the stability, prosperity and security of the country.
---First, it is not a good idea to leave almost all the country's wealth to the hands of a single person. A possible mistake of him (and his dependents) may cost the country a lot of money. The country should find ways to diminish that risk.
---Second, the MoF has such a grip on information that makes the Cp too dependable on him and the country as well. Whenever the Mof has changed, the country has lost knowledge and experience, which in return have meant, the loss of time and chancesand alot of scandals. In the CP election of June, all candidates had the same person as MOF. Even if they didn't want, to they had no other choice. A country that can choose it's president but can't choose its' ministers is in trouble.
---And third and most important, the potential for abuse and corruption is huge and no googledoc and screenshot can change that.
Because of that, the president decided to create an advisory board and to include congress into it.
According to the proposal, the board will have:
- advisory duties, allowing the president to get a second opinion.
- supervisory duties, allowing congressional parties, including the opposition, to participate and get information about the use of the country assets.
- management duties, in case the president sees it necessary.
The law has gone to vote. As of now, the congressmen of DNP and ISP are in favor of adopting the law, CTG and SSG are against it. What saddens me is the fact than even though the details about the law has been public for weeks there has been almost no discussions about it except after it was proposed.
IMO having a few experienced people advising the CP, especially if he is inexperienced in economic matters, is not a bad idea. And whatever the risk for abuse, it is nothing compared to the system right now.
signed
tara
PS: kowalski, i never give up, don't worry! But there are more important things then becoming CP!
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You still love me Tarasino... Admit it loudly, let the love flow through you
You write a post scriptum only for me
Awwww :3
But, i'm not quite sure why you mentioned me here 🙂
How could i not love you, my sweetheart? Your mention has no special meaning, just didn't want to mention all those folks (GTG-SSG) that for small political reasons are trolling this proposal. I hope you don't mind!
Sweetie, come to my bear hug and everything will pass 🙂
Btw, the idea isn't bad, but... The realization is bad xD
Why only 5 MUs will receive orgs? What will happen if i open 2 MUs? Will i receive 2 orgs? If not, why?
Oh there was discussion, you just threw it all on people's faces like they couldn't argue with you.
This administration isn't conducive to discussion. :3
Ahava, you are the Congress Speaker. Only you decide when a proposal goes to a vote and when a discussion is needed. I only sai😛 "that the Cabinet is ready for a vote".
You decided to start it. Actually you were very eager to start a vote. Why?
I would say for political calculations. :3
Correction, I was the speaker.
I did it quickly because I wanted this garbage out of the way...I'll admit it. It was also my job as speaker anyway. It was going to happen eventually.
FYI: Geezus PM'd me earlier regarding the matter asking about SSG's position, he then said he wouldn't do it, but you two pushed it through anyway. Makes it seem like the matter is not up for negotiation.
I can send you a screenshot if you'd like 😛.
ahava, you are trying to blame the cabinet for something you did.
You didn't allow for a discussion of the Proposal.
And the SSG ended the negotiatons unilaterally in the forum when shabutato said no, without giving any explanation.
I can send you screenshots of many things.
Again, the discussion already happened (I don't know why Zodiarque put it in the archives already)
http://nippon.freeforums.org/public-military-funds-t1500.html
You could've always asked for an explanation lol...never did.
1. All verified legitimate non-government Japanese entities (citizens and trusts) should have equal access to the orgs, whether that be no access or access for purposes of obtaining interest in the market. All deposits by non-government entities should also be treated equally and share the same profit rate. Those who make deposits should have the right to use the profits as they please, without limitation, albeit an interest tax might be reasonable.
2. The proposal is difficult to enforce over administrative turnover. Theft of funds may easily result.
3. The same people will be able to remain in power for too long over the same properties, this breeds corruption.
4. Too many people have org keys, this is likely to lead to fraud and/or theft.
5. Due to its size, BoD's decision-making process will likely be slow and arduous. Minor decisions that require speed should simply be decided by the government, otherwise they should be decided directly by the people, as represented by the Diet.
ahava is my representative at forum, since english isn't my mother language.
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--First, it is not a good idea to leave almost all the country's wealth to the hands of a single person. A possible mistake of him (and his dependents) may cost the country a lot of money. The country should find ways to diminish that risk.
First, it is easy to know where is the money, if only 1 person who hold the key of all orgs. And hey, (s)he is the ministry of finance! MoF, in my opinion is the smartest people, appointed by CP, to handle the treasury of Japan.
of course, with democratic way, we choose the best CP for eJapan.
---Second, the MoF has such a grip on information that makes the Cp too dependable on him and the country as well. Whenever the Mof has changed, the country has lost knowledge and experience, which in return have meant, the loss of time and chancesand alot of scandals. In the CP election of June, all candidates had the same person as MOF. Even if they didn't want, to they had no other choice. A country that can choose it's president but can't choose its' ministers is in trouble.
Wrong. It is the mistake by CP. If he is too dependable to MoF. Remember: all CP have full access to all orgs.
MoF changed, so what? we face that, but all money increasing after Irial term. So? Lost knowledge and experience? Bullshit
A country can choose it's president, and the CP can choose the ministers, so, indirectly, the country choose the ministers
---And third and most important, the potential for abuse and corruption is huge and no googledoc and screenshot can change that.
i understand this, and because of that, i don't want to choose corrupt people as my CP
CP can appoint the BoD (of course, you don't need to ask congress about this, just like you appoint vice minister). But, not too take use of the orgs, and use that for themselves. All orgs are eJapan owned. Only eJapan can use that. We choose (elect) the CP to do that (managing the orgs), we pay that (5 gold wage/month). It is your responsibility as CP, and you know it is.
Using BoD, to take eJapan orgs, and use that for themselves is the wrong idea from the start.
And by the way, why must blame SSG+CtG if the law fails at diet?
ISP PP reject the idea too o.O
and by the way, you haven't replied my question at forum
What's the wrong if 1-2-3 trusted persons control all the money? Ofc, in the normal case, everyone can know where is each CC owned by Country. I really don't understand why this Govt is forcing something like this.
Because who is trusted for me maybe not trused for others.
That is why we wanted 6 people from different parties.