Tuesday, January 4, 2005

Dictator Musharraf in for the Long Haul

Well it ain't news no more and the world knows it well by now Musharraf plans to rough it out longer then his promise and our expectations, he conveniently amends the constitution and justifies it that Pakistan "needs" him to stay longer. The Pharaoh also felt the “need" to stay longer but someone (The Almighty) just would not have it and the tables were overturned. The general perception is that he now has a hunger for the power and feels that without him the world/Pakistan will collapse the very next day, what a dilemma I am sure all past dictators and rulers, not only in Pakistan, but throughout the world have usually left behind a devastated country with a crippled infrastructure, these dictatorships have during their term showed a bed of roses but later it was more a bed of nails than being roses, I doubt Pakistan or Musharraf is the odd man out in this historical equation– though I wish otherwise for the sake of my beloved "Land of the Pure"

Our ruler talks about better economy well it might be the case upfront but the economic indicators show a low GDP of 4% while inflation is at a horrendous 9% and only $400 million foreign investment in the last half year. How is the economy buoyant and how are the stocks at an all time high, is a question that remains unanswered, artificial buoyancy usually will result in catastrophic disasters.