In order to understand how
Cory Gates became the owner of the United States of America, you
have to first go back to those wild days of the 2030's, when the big
corporations were starting to fight each other with increasing
violence. Each of the big corporations started to hire its own
mercenaries, although at first they were just called security
contractors or security guards. There were many truck hijackings,
computer hacking attacks, and cases of arson; and before long it
became apparent that it wasn't just loner crooks doing this. It was
the private armies of the big corporations fighting each other.
People were willing to put
up with this for quite a while. But when the big corporations
started to arm their mercenaries with machine guns and missile-armed
attack helicopters, things started to get out of hand. People got
tired of being woken up at night by attack helicopters and exploding
buildings. People also got tired of stepping over dead bodies in
front of office buildings and stores.
So finally someone
proposed a radical solution designed to stop the corporate fighting
entirely. The idea was to combine all of the country's corporations
into one big corporation that would be called America, Inc. That way
there couldn't be any violent fighting between corporations, because
there would be only one corporation in the country.
The idea caught on, and
before long Congress passed the legislation authorizing the big
change. All of the corporations were merged into a single corporation
called America, Inc. It was a corporation that owned pretty much
everything in the country. Almost everyone other than the poorest
people owned at least some shares in the new corporation.
But by this time the
richest people in the US had become very, very rich. There was, in
fact, a single individual by the name of Cory Gates who owned 45% of
the stock in America, Inc. After a few years he was able to increase
that up to 51%. Once he gained majority ownership, he was able to
manipulate things so that his share would get even bigger.
It was all a fancy scheme
too complicated to be described here. The scheme involved inverse
options, sub-millisecond computerized stock trading, computerized
virtual proxies, collateralized debt obligations, and “trapdoor”
regulations secretly introduced into the bylaws of America, Inc. You
can kind of describe it by saying it was a shrinkage scheme designed
to make the share of all minority stockholders gradually dwindle away
to be nothing. When the scheme started to take effect, people
started to scream bloody murder, saying that Cory Gates was trying to
up his ownership of America, Inc. all the way up to 100%. But the
scheme was so complicated that no one could really figure it out well
enough to stop the scheme from working.
Finally the complicated
scheme ran its course. One day it was at last announced that Cory
Gates now owned 100% of the shares of America, Inc. It was now
finally official. Cory Gates was now basically the owner of the
entire country.
For 30 years Cory enjoyed
the perks of being America's owner. The Pledge of Allegiance recited
by children was changed to have the following wording:
We pledge allegiance to
America, Inc., and to its owner Cory Gates – one corporation under
Cory, indivisible, with obedience and subservience expected from
all.
Cory
lived in the opulence you might expect from someone who owned an
entire nation. His bedroom was ten times bigger than a football
stadium, and contained 200 different beds, some as large as trucks.
Cory liked sleeping in a different bed every night. He would also
travel around the country, staying in any home he would pick. Few
people could object, because most people's homes had a mortgage with
America, Inc being the lender, meaning Cory pretty much owned most
people's homes.
People
with regular jobs all worked for America, Inc, meaning Cory was their
boss. People who refused to work for America, Inc. usually ended up in
what they called “unemployment camps,” although the prisoners in
such camps were often worked mercilessly. Each prisoner would be
controlled by an electronic pain necklace that he could not remove.
If a guard saw the prisoners acting up, he would just activate their
pain necklaces, causing punishing anguish.
Officially
there was still a President of the US during this period, although he
was just a figurehead because Cory controlled the whole country. But
after decades of being America's owner, Cory finally died of a heart
attack.
Cory's will specified that
all of his assets should be inherited by his son Todd. Everyone
thought that Todd Gates would rule as America's owner, just as his
father had. But Todd had no interest in lording over people or living
like a king. Todd was only interested in one thing: reading and
writing comic books.
So shortly after his
father's death, Todd gave a televised speech that announced a radical
change.
“I have decided to
donate all of my shares of America Inc. to the American population,”
announced Todd. “Each American will own one share of the
corporation. The bylaws of the corporation will be adjusted so that
it is strictly forbidden for anyone to own more than one share of the
corporation.”
“There will no longer be
a single person ruling as America's owner,” explained Todd. “The
country will be controlled by a President who will be elected by an
annual meeting of the stockholders. Since each American will be a
stockholder, each American will have one and only one vote that helps decides who controls the country.”
A man listening to the
speech in his home was delighted.
“Why this almost sounds
like that old-fashioned system they use to follow long, long ago,”
said the man to his wife. “I've forgotten what they used to call
it.”
“I think they called
it...democracy,” said his wife.
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