Badara

[Drax]

MANARA  ALBRAYD SRIA AL-MUSAMI
(IF it’s in the Monsoon, it’s got to be true)
 
MAJLIS ALLOWS REPRIVATIZING
 
Majlis, August 22, 5640:  The Majlis has passed an amendment to the constitution allowing more privatization. The Monsoon asked Justice Minister Bashir ibn Ortoq why the amendment was introduced and how it work. The Justice Minister responded:
 

Well there are two specific reasons for it.  New Dawn Nashwa (NDN) and Qat Oil Services (QOS). The Defense Minister really needs to have NDN go back into building military aircraft, and really believes it would greatly facilitate this to get back the old management and talent pool.
 
QOS is now internationally based operating most recently in Lake Majatra and the Odufart Sea. A member of the family of one of the board members is the contact the government has with QOS. Removing the size restriction on corporations and other business entities will allow QOS to again operate in Jumhuriat al-Badara which Finance Minister Faisal Abu Saq is convinced is vital for us to reenter the Majatran economy.
 
The amendment does essentially three things. First, it removes the size restriction on private rather than public ownership of the means of production. 
 
Second, the nation can nationalize.  If an enterprise becomes unsound that is producing things we need which are not available from others, we will nationalize it.  But not just for sake of creditors or employees or owners. But no nationalizing for sake of nationalizing.
 
Third, owners that had their companies nationalized may repurchase it from the government using the valuations employed in the nationalization. So if took it for pennies and government now says superhot, former owners get a break. If owners managed to get tons of loot, well, then that’s what they’ll pay to get it back.

 
Asked by the Monsoon if other amendments were in the works, Ortoq replied:
 

We believe other needed government reforms are permissible within existing framework of the current constitution.  We have not yet addressed the future legality of political parties or paramilitary units so how to deal with those items has yet to be determined.

 Justice Minister Bashir ibn Ortoq