AGL 34.48 Decreased By ▼ -0.72 (-2.05%)
AIRLINK 132.50 Increased By ▲ 9.27 (7.52%)
BOP 5.16 Increased By ▲ 0.12 (2.38%)
CNERGY 3.83 Decreased By ▼ -0.08 (-2.05%)
DCL 8.10 Decreased By ▼ -0.05 (-0.61%)
DFML 45.30 Increased By ▲ 1.08 (2.44%)
DGKC 75.90 Increased By ▲ 1.55 (2.08%)
FCCL 24.85 Increased By ▲ 0.38 (1.55%)
FFBL 44.18 Decreased By ▼ -4.02 (-8.34%)
FFL 8.80 Increased By ▲ 0.02 (0.23%)
HUBC 144.00 Decreased By ▼ -1.85 (-1.27%)
HUMNL 10.52 Decreased By ▼ -0.33 (-3.04%)
KEL 4.00 No Change ▼ 0.00 (0%)
KOSM 7.74 Decreased By ▼ -0.26 (-3.25%)
MLCF 33.25 Increased By ▲ 0.45 (1.37%)
NBP 56.50 Decreased By ▼ -0.65 (-1.14%)
OGDC 141.00 Decreased By ▼ -4.35 (-2.99%)
PAEL 25.70 Decreased By ▼ -0.05 (-0.19%)
PIBTL 5.74 Decreased By ▼ -0.02 (-0.35%)
PPL 112.74 Decreased By ▼ -4.06 (-3.48%)
PRL 24.08 Increased By ▲ 0.08 (0.33%)
PTC 11.19 Increased By ▲ 0.14 (1.27%)
SEARL 58.50 Increased By ▲ 0.09 (0.15%)
TELE 7.42 Decreased By ▼ -0.07 (-0.93%)
TOMCL 41.00 Decreased By ▼ -0.10 (-0.24%)
TPLP 8.23 Decreased By ▼ -0.08 (-0.96%)
TREET 15.14 Decreased By ▼ -0.06 (-0.39%)
TRG 56.10 Increased By ▲ 0.90 (1.63%)
UNITY 27.70 Decreased By ▼ -0.15 (-0.54%)
WTL 1.31 Decreased By ▼ -0.03 (-2.24%)
BR100 8,605 Increased By 33.2 (0.39%)
BR30 26,904 Decreased By -371.6 (-1.36%)
KSE100 82,074 Increased By 615.2 (0.76%)
KSE30 26,034 Increased By 234.5 (0.91%)

"Methinks the President looks beleaguered."
"Well, he deserves it. I mean look what he has done to the world - spread hatred against his own people, got US soldiers killed in Afghanistan and Iraq, changed laws in his country that makes the US look like a country run by a third world dictator."
"What in the world are you referring to?"
"The Patriot Act, the detention of foreigners Act, the memo that says the Geneva Conventions do not apply to their war on terror..."
"I was actually referring to President Musharraf when I said he looked beleaguered."
"Musharraf is sitting pretty. Don't think there is any real threat to his power yet!"
"Then why is he making mistakes while giving interviews to the foreign press? Remember what he said to the Washington Post about Pakistani women wanting to be raped to get Canadian citizens! And he said to the BBC that it is his word against the Indians. I thought that is probably how he talks to his grandchildren."
"And the politicians and other bureaucrats and his subordinates in the armed forces."
"Ah yes - it's difficult to change when it becomes a lifestyle. But what has he said recently?"
"He said the security environment was separate from the earthquake requirements and he will make sure that defence expenditure is not slashed as a result."
"Ah yes, bu
t then where will the money come from?"
"Apparently he went and thought about it and someone, let's assume someone just as naïve as himself, advised him to say the largest expenditure item is establishment at over 30 percent."
"Did the same person tell him that this dramatic rise in establishment expenditure can be attributed to his government! Mian Nawaz Sharif, irrespective of his IQ, in his last budget as PM had an outlay for establishment well under 10 percent!"
"What was the second expenditure item the President quoted?"
"Debt servicing."
"So much for the Chosen One's claim that they had broken the begging bowl."
"And the third?"
"Public Sector Development Programme which was I think only 0.1 or 0.2 percent lower than defence."
"Ah yes, so the people who allowed these guys to rule are merely number three."
"Let's not get our facts mixed up here. Anyway defence was the fourth."
"There is a hidden element in defence expenditure."
"Yes I know, wonder if the President does."

Copyright Business Recorder, 2005

Comments

Comments are closed.