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Vote For GA resolution Protecting Borrower Rights


General Assembly Vote Recommendation

Part of the Information for WA Voters program

Resolution at Vote: Protecting Borrower Rights
Vote Recommendation: For

Resolution Analysis
This proposal aims to alter the way we deal with debt and the ability to repay for those who fall into debt. It achieves this by eliminating the harmful practices that deliberately target those who are in debt, such as criminalising the act of having debt so far as to punishing it via forced labor. While not infringing on member nation's ability to enforce the law, this proposal allows citizens the ability to repay their debts by keeping them out of jail and in the workforce or whatever method they may have to procure the required funds to repay their debts. This proposal also protects citizens ability to make investments with higher risk that would otherwise land someone in jail for making an investment that went negatively. This allows greater investment into small business and otherwise risky ventures that could ultimately benefit the greater community via their success.

In accordance with this reasoning, the Ministry of World Assembly Affairs recommends a vote For this proposal.

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Sponsored by the LinkMinistry of World Assembly Affairs of The North Pacific.

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