Musharraf's Minister will draft Imran's Fiscal Policies; Special care for Trickle Down Effect is needed

Former Dictator General Pervaiz Musharraf's Minister of Industries, Prodution and Special Initiatives, Jahangir Khan Tareen has been tasked to draft Economic Policies, Labor Policies and Tax Reforms on behalf of Pakistan Tehreek-e-Insaf.

One wonders, how a Staunch Supporter of Former Prime Minister Shaukat Aziz's Policies can bring "Change" in country's fortunes? As the Nation is still waiting for the over due "Trickle Down Effect" of Economic Benefits, promised in Tareen's previous term as Minister.

In Tareen's previous stint as Minister, State Bank’s Interventionist Operations in the Currency Market was that it made imports more expensive in Rupee terms, fuelling inflation and driving up the prices of many types of goods, including capital goods. Higher-priced capital goods, in turn, increased the cost of expanding manufacturing plants or setting up new factories, resulting in a slowing down of the Industrialization Process.

Like all bubbles, the Low-Interest-Rate Bubble, too, had to burst one day. Within a few years, loan interest rates again began to rise steeply, soaring from a low of about five per cent per annum in 2002-2003 to over fifteen (15) per cent today for business loans and twenty-two (22) per cent for consumer finance loans.

Among other things, this rise in interest rates led to a decline in loan-financed car and motor cycle sales, with the number of vehicles sold by local assembly plants falling by as much as fourty (40) per cent in some cases in fiscal 2007-2008.

Looking at the overall state of Pakistan’s Economy today (including its increasingly high inflation rate, its burgeoning trade deficit fueled by the high price of oil imports, its stagnant levels of exports, its low industrial productivity, its growing per-capita water shortages, and its chronic electricity shortages), one needs to remember that these and other economic problems were mostly because of Tareen's Government’s making.

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Fleeing from BB's Death Scene; Babar Awan rewarded PPP Presidentship

Just after the fourth death anniversary of Former Prime Minister Benazir Butto, Senator Dr Babar Awan has been nominated Vice President of Pakistan Peoples Party, by her Widower and Co-Chairman of PPP, President Asif Ali Zardari. Indeed, a just reward for fleeing from the Scene of Benazir Bhutto's Death.

Babar Awan has been defending the Constitutional and Political Affairs of PPP for the last two decades. And defended several cases against Benazir Bhutto and President Asif Ali Zardari.

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Pseudo Anna Hazare joins Muslim League

Pseudo Anna Hazare and Human Rights Activist, Jahangir Akhtar has joined Muslim Leage - Nawaz. And believes that only a Mature Politician like Nawaz Sharif can take the country out of the crisis.

Pseudo Anna, a Former Army Gunner has spent the better part of his life Campaigning for Progressive Causes such as Democracy and Human Rights in Pakistan. For his trouble, he was sent to jail for a year along with ten (10) Lashes during General Ziaul Haq's Dictatorship.

Pseudo Anna, listed the reasons why he joined the Muslim League, such as League's efforts for Education for poor people like Danish Schools and Support for the Lawyers' Movement.

About his Anti-Corruption Strive, Pseudo Anna said that the Muslim League has promised him that if the Parliamentarians fail to pass the Accountability Bill (Pakistani version of Lokpal Bill), the party will Unilaterally submit it to the house.

Pseudo Anna also announced that if the (Lokpal) Bill was not proposed within few days, he will start his Hunger Strike again.

Last Rebel against Qureshi Dynasty surrenders

Makhdoom Javed Hashmi, the last Rebel in the thousand years reign of Multan's Qureshi Dynasty, surrenders. And unlike his predecessor, Rae Ahmed Khan Kharal Shaheed, Hashmi laid down his arms just when the victory was in sight.

Javed Hashmi surrendered after fighting for years against Makhdoom Shah Mahmood Qureshi, the current Monarch of Multan's Qureshi Dynasty. The Dynasty is continuously ruling ever since the period of Delhi's Sultan Muhammad bin Tughluq and its Monarchs have successfully managed to defeat all the Rebellions, such as, the Gogera Insurrection by Rae Ahmed Kharal Shaheed, and the Multan Electoral Insurrection by Javed Hashmi.

Indeed the Multan's Qureshi Dynasty is a worthy ruler and the Dynasty of all Seasons.

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Rebellious Hashmi turns tables in Imran's favor

Haroon-ur-Rasheed to take back his Column against Shah Mahmood Qureshi

Asfandyar smells "Qandhari Naswar" from Rabbani's Assassin

Awami National Party Chief Asfandyar Wali Khan smelled "Qandhari Naswar" from the Assassin of Afghan Peace Envoy Burhanduddin Rabbani, as he claimed that the Assassin belonged to an Afghan Refugee Camp in Baluchistan.

"I can confirm that the Assassin of Burhanuddin Rabbani came from an Afghan Muhajireen (Refugees) Camp in Baluchistan” said Asfandyar.

Burhanuddin, also the Former Afghan President, was Assassinated by a Turban Bomber at his Kabul residence, and Afghan President Hamid Karzai blamed the Pakistan for the Murder.

Related Posts: Burhanuddin Rabbani's assassin had "Green Blood" : Hamid Karzai

Altaf's fear make leaders "Day-Dream" at Karachi

It is spectacular to witness; How Mutahida Quami Movement & its Chief Altaf Hussain's fear make our Leaders "Day-Dream" at Karachi?

Earlier, Sindh Home Minister Manzoor Wasan went through a Series of Day-Dreams about Peace in Karachi and MQM's return in Sindh Government. And now it was the turn of Pakistan Tehreek-e-Insaf Chairman Imran Khan to Day-Dream at Karachi.

Interestingly, Imran Day-Dreamed of everything at the Karachi Gathering but he did not made a Single Reference to the violent issues peculiar to Karachi. Many are finding it peculiar that the same Imran Khan who called Altaf Hussain a Terrorist and a Murderer some time ago is so soft on him now. What does this suggest? Political maturity on the part of Imran Khan and tolerance on the part of the MQM? As we know, Altaf Hussain has already congratulated Imran Khan on holding a successful rally free of the politics of allegations.

Moreover, there are speculations that Imran’s Gathering could not have been successful without "Some understanding between PTI & MQM".

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Question of the Week: Will Imran silence his Critics or his Supporters at Karachi?
No Fatiha offered for Quaid-e-Azam in PTI Gathering

Update 27th December: Pakistan Tehreek-i-Insaf Vice-Chairman Shah Mehmood Qureshi acknowledges Muttahida Qaumi Movement as a reality and wants good relations with the party.

Zardari wished Nawaz on his Birthday, while Imran delivered the Gift

President Asif Ali Zardari and Prime Minister Yousaf Raza Gilani wished Pakistan Muslim League - Nawaz Chief Nawaz Sharif on his Birthday on 25th December. While Pakistan Tehreek-e-Insaf Chairman Imran Khan delivered the Birthday Gift in the shape of Nawaz Sharif Lieutenant Javed Hashmi's Defection.

The President and the Prime Minister expressed their Good Wishes for Nawaz Shairf. Thanks to Javed Hashmi, this was the first formal contact between the Government and the Nawaz after a long time.

Related Posts: Rebellious Hashmi turns tables in Imran's favor