Jerillio Administration Cracks Down on Corporations Supporters and Critics call it the "Final Blow"A
Solvernment News Network! Report
HALION - The Jerillio Administration pushed the total war against corporations and executives one step further today in a move that has sparked a great deal of controversy.
Under authorization from a series of resolutions in the Senate and oversight of the Jerillio Administration, the federal government today finalized a series of orders and carried them out as instructed. The orders were to arrest and imprison 121 corporate leaders and executives and to formally shut down 34 companies throughout the country. And as reports show, the orders were conducted successfully.
Federal agents seize documents from corporate offices in downtown HalionThe orders were finalized at 8:00 AM by the Jerillio Administration and federal agents carried them out, ending the crack down by 6:00 PM. Corporations and executives had not been expecting such brazen action by the government and business in most organizations was undertaken as usual. That is, until federal agents arrived at their front door steps. Following the raids, federal agents seized thousands of documents from corporations and notably escorted over a hundred executives from their offices. As of tonight, the country has 34 less corporations than it previously did this morning.
The explanation is simple, says Minister of Finance Frederick Viscerain.
"This really shouldn't be given such hype. It was expected that when the government declared total war against corrupt corporations something of this nature would occur. This is in accordance to recently passed laws from the Rose Revolution, in which certain sectors in the country's economic system are now run by the government under nationalized public corporations. This was done for the well-being of our citizens, and subsequently they approve of such action. The sectors now nationalized were overrun by corruption, scandal, and abuse by the private entities."
Some wanted further examples.
"Well, if you would care for an example, here is one. First Energy of Orame was using its monopoly over the state to shut off power of buildings and offices of of rival companies, organized labor, and political opponents. So we shut them down. We have nationalized energy now and the system will be free of this tomfoolery from now on, for a cheaper rate too. There are many more examples, some worse. Many corporations have been using strong-arm tactics to scare employees belonging to unions and even minorities and we have an alarming number of corporations that used murder to establish their agenda. Look, if there wasn't a good reason behind this overhaul, it wouldn't be happening right now."
A list of the corporations and executives can be obtained from our online website.
Members of the business community showed a great deal of anger from the move, with many calling it "a step towards communism" and a "police state". However, proponents of regulation and supporters of the Rose Revolution voiced strong approval in the actions taken, with even some calling it "delayed for too long".
The Jerillio Administration has made it known that employees in the corporations shut down today will be offered work within other companies, nationalized sectors, government services agencies, and retraining programs if desired. For executives and convicted corporate leadership, however, prison will be the only offer on the table.