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Posted by admin in Pakistan-A Nation of Hope on April 5th, 2014
Myth & Reality about Devaluation of US Dollar
Myth & Reality about Devaluation of US Dollar
The inherent motive behind lowering value of the US dollar against the Pak Rupee.When Nawaz’s younger son Hasan launched Flagship Holdings in London in 2002-03 (it is closed down now)–it also introduced establishment of a ‘hedge fund’ with an investment of £300 million ($500 million). The Flagship thrived unprecedentedly, during the past ten years, on the strengthen of:1) Cash flow of £300 million ($500 million)–which the Sharifs had in 2003–now it may be a cash flow in excess of £3 billion ($5 billion).
2) Easy money transfer protocols through UK, India and Dubai (as the Iranians are doing under international banking sanctions). This money laundering stunt in the West is a complete eyewash–one can bring into UK millions of pounds after paying commission to the UK banks and intermediary financial handlers, who in turn will legalise everything for the fund-bringer. Which is why since 2007–more than 1,000 Pakistani politicians, bureaucrats and dodgy businessmen have purchased properties in the UK worth £5 billion (more than $8 billion), and nothing has precluded them from doing so.
3) Clockwise and anti-clockwise fund-purchasing. The Sharifs and their larcenous munshi Ishaq Dar have divided the financial year into 3-4 revolves. In one revolve (say: June to September 2013)–they increased the value of dollar as $1=Rs 111, and brought home say: $1 billion in cash–which got them Rs 111 billion. If they bring in secretly (which they easily can–having their own bank chiefs) $5 billion–pretending it as a foreign remittance per quarter (revolve), they will get Rs 555 billion. In my understanding–the Sharifs made Rs 50-100 billion ($500 to $900 million) during the first four months of their government (June to October 2013).
During the second revolve–they kept things stable @ $1=Rs 111, and recycled that money within the country for 3/4 months (October 2013 to February 2014), and bought essential commodities (rice, wheat, sugar, lentils, cooking oil, livestock and petrol/diesel). In the next two/three years–the Sharifs (applying the Jewish and Hindus sahukaar monopolistic model) have intend to hijack the commodity sector under fake names. They plan to paralyse the country by hoarding these commodities, if a military takeover occurs or a hostile political group takes over in Pakistan. They are carrying out this commodity monopolisation in partnership with international traders of Britain/EU/India/UAE/Brazil/Australia and so forth–so that the military (or non-friendly political elite) government collapses more quickly after failing to withstand international pressure.
In the third revolve (March to May/June 2014–before the Budget)–as they have hundreds of billions of rupees, say: Rs 100 billion ($900 million) from first revolve (June-September 2013). They also had more than Rs 220 billion ($2 billion), spared/left over from bulk note printing of Rs 850 billion which they did between June and July 2013. By end of February 2014, the Sharifs had more than Rs 320 billion in personal coffer. If they buy dollars for that, by dividing them with 111–they could get $2.882 billion. But by lowering the dollar value to $1= Rs 99 they will now get $3.233 billion. This means that this dollar devaluation will now get them an extra $351 million within nine months of their rule (June 2013 to March 2014). What a satanic business, isn’t it?
With an unparalleled experience of three decades in banking/business frauds–the Sharifs are in a strong position to manipulate the State Bank and other five main Pakistani banks (National, Habib, MCB, Allied and UBL). They have all major stock exchanges under control and SECP (Securities and Exchange Commission of Pakistan) is spineless.
Soon, the Sharifs will print more Pak rupee notes at the Security Printing Press, and will buy the dollars/pounds from every money exchange shop in the country.
Lets see if the dollar sustains at $1= under Rs 100, during the next three months. What I think is–they will devalue Pak rupee again to $1= Rs 111 (even beyond) after the budget.They also intend to pocket $5 billion from sale of 18 major state enterprises. By the end of 2014–they will have made $10 billion from the business of governing Pakistan through a corrupt/rotten system called Mian/Zardari democracy.
They know they can NOT win the next general election–whenever they are. Asif Zardari also knows that PPP will not come to power either, in near future. What Nawaz is doing is–hiding Zardari regime’s brazen malfeasance, and in turn the PPP is supporting the Sharifs’ obnoxious ‘democracy’.———————————————————— —————————— —————————— ————————
Posted by admin in Pakistan-A Nation of Hope on April 4th, 2014
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His mate, however, turned to his own sacred corner, where there were gathered symbols of the Sikh religion. Their prayers over, they returned to their chores, oblivious to the history they had created. It wasn’t that the PMA proscribed other forms of worship; there simply hadn’t been a Sikh cadet till then.
Narrating this story is Hercharn Singh, Pakistan’s first Sikh officer and a symbol of the changing face of its army. Now 23, dressed in a smart khaki uniform and sporting a solitary star on his shoulder, Lieutenant Singh and I are sitting in the posh Officers’ Mess of Malir cantonment, Karachi. Providing us company are Capt Danish in his Rangers uniform and Capt Aneel Kumar, both Hindu and doctors at the Combined Military Hospital. Capt Danish (who says he’s just Danish) is considered the first Hindu officer of the army.
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The others—Hindu and Christian—at least look like ‘ordinary’ cadets.”
For nearly two years now, Outlook has been seeking access to Singh and the two Hindu officers. It took months of persistent lobbying by the Inter Services Public Relations director-general, Gen Athar Abbas, before the army agreed to allow an Indian publication to interview the three officers. As Col Atif coordinated to fly me to Karachi last week, new obstacles kept surfacing. Lt Col Idrees Malik had to implore his superiors to grant permission for Singh to miss a day’s class of the course he’s taking, and bring Capt Danish from interior Sindh.
At the officers’ mess, amidst smiles and a display of palpable pride, Singh begins his story from the day his romance sparked with the Pakistan army. Like all such stories, it was ignited with a chance glimpse and an irrepressible tug at the heartstrings. It was nearly three years ago, and he and his friends had decided to apply to the prestigious National College of Arts (NCA) in Lahore. On the way, they passed an army recruitment centre. Something about it spoke to him, perhaps. “But no one had any idea of a Sikh being allowed entry into Pakistan’s military institutions,” Singh recalls.
Singh got admission to the NCA but he decided to visit the recruitment centre to make inquiries. When told the law didn’t proscribe Sikhs from the army, he promptly submitted an application, apparently arousing curiosity at the centre even then about the “Sikh who wants to join the army”.
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He was selected, in the process grabbing headlines countrywide. But his family was opposed to him joining the army, the elders wanting him to head the business of his deceased father. And then there was Singh’s mother who believed a career in the army would shame the family. Shame? “All our lives our community had been ridiculed. Especially in the electronic media where Sikhs were portrayed as drunks, womanisers and villains. My mother said that I wouldn’t be respected and this would bring shame to the family.”
At the PMA, the callow, sensitive Sardarji was baffled by some insensitive souls asking him to convert to Islam. “I wondered what kind of people are these who are not happy with the way I am, who offered to convert me. I didn’t mind jokes about Sikhs because these are so common,” he says wryly. But at Kakul, with young cadets and their irritating inquisitiveness, it took some chutzpah to ensure his religion or culture was not compromised. But he had his sergeant on his side. As Singh puts it, “My sergeant told me I was free to follow my religion and that everything would be done to make me comfortable.”
Singh now did two things—he told his room-mate if they had to share a room they must show tolerance for each other’s religious codes of living; his second act was daring and sagacious. He approached the commandant to make a presentation about his faith. “With the help of a documentary from the Golden Temple and my own literature I gave a presentation about the Sikh religion and culture. I explained why I looked the way I did, the symbols of faith a Sikh is never found without. Then I asked for questions,” says Singh, bubbling with confidence. “In the next two years at the PMA, no questions were asked.”
But Singh’s glory days didn’t end at the PMA. His excellent drill at Kakul prompted the army to choose him for guard duty at the Quaid-e-Azam Mazar, or the mausoleum of Mohammed Ali Jinnah. “I couldn’t believe it, no Sikh here could even imagine such a thing.” In these days of jehadi intolerance, a new chapter had opened. Of course, it was also a huge PR win-win situation, his duty at the mausoleum invited international media attention, and his family was flooded with calls from Sikhs the world over.
The induction of Singh, Danish and Aneel marks a revolutionary change for the Pakistan army, but then it poses new challenges too. The sheer enormity of this change can be gleaned from a reading of Dr Aneela Zeb Babar’s Texts of War: The Religio-Military Nexus in Pakistan and India. She writes, “In Pakistan, the military officer is not just a professional. Placed on a pedestal, he is glorified as a hero. The public feels he is performing his religious duty…. All advertisements for recruitment in the Pakistan military and all publicity material start with Quranic verses.” Dr Babar quotes junior Muslim officers describing their motivational lectures, “We are taught that in the Quran one Muslim is equal to 10 kafirs and after every lecture, slogans praising God and caliph Ali are raised.” Will the trio’s induction prompt a change now in the army’s ethos, perhaps a dilution of its Islamic orientation or at least some understanding of those officers who belong to minority communities.
Perhaps this is already happening—the three non-Muslim officers, like most others here, wear their religion on their sleeves with a confidence quite remarkable for their age and ambience. Both Danish and Aneel testify to this. “We are very comfortable with our Hindu faith. We too had been assured by the sergeant (during their training) that we were free to worship as we wanted and if there was any way he could help, we shouldn’t hesitate to come to him.” Danish, incidentally, hails from the remote poverty-stricken Tharparkar, and graduated as a doctor before he saw an advertisement for a post in the army. He applied without taking his family into confidence and was selected. “Initially, there were constraints…about how a Hindu could fit in the army but today they are proud of me and I have even been sent to Wana (a tribal area) to deal with patients there. It was a very different experience. The place and people were so different from the desert of Sindh,” he says.
Aneel, who belongs to Hyderabad, says the army’s ignorance about religions other than Islam is matched by the Hindu community’s sketchy knowledge about cantonment life. “People from my community had earlier interacted only with the police…we had no idea what the army was like,” admits Aneel, even as he expresses hope that youth from his community would see Danish and him as role models and strive to join the officer cadre. Singh, however, doubts whether many Sikhs would join the army, largely because his community is engaged in business with their counterparts in India. Army officers who have relatives doing business with Indians would be a major problem, Singh declares.
For Sikhs at least, an army career marks a snapping of the umbilical cord tying them to religious places in India. Singh, for instance, has given up on his dream of visiting the Golden Temple in Amritsar. “I am a Pakistani army officer now and I can’t even think of performing my religious duties in India. Even my mother will not be allowed to go, with a son in the army,” he laments.
So what do these three officers think of Pakistan going to war in the future? They reply in unison, “We are now a nuclear power. Besides, there are so many internal threats.” I ask them the question which most insular Pakistanis harbour in their hearts: would they be willing to kill others of their faith in a war? Danish replies, “Of course, we will or else we will be killed. Even our mothers will not ask us why we fired, they will just be glad that we survived.”
Both Danish and Anil don’t nurture lofty ambitions, hoping to negotiate one step at a time in the army. What about Singh? “Well, I have set my sight on wearing red pips, that is become a brigadier,” he says. When I tell him that army rules don’t debar him from the rank of Chief of Army Staff, his eyes glitter and a smile lights up his face.
Posted by admin in Pakistan-A Nation of Hope on April 4th, 2014
Implications of War on Terror
Asif Haroon Raja
Unlike late Hakimullah Mehsud who disfavored talks, his deputy Waliur Rahman favored dialogue and had convinced sizeable number of TTP Shura members to make an offer of dialogue to the government. His group suggested Maulana Fazlur Rahman, Munawar Hassan, Nawaz Sharif and Imran Khan to act as guarantors to preclude possibility of backtracking from the agreement. The offer was not taken seriously by the PPP led regime and it made it conditional to renunciation of violence.
Talks offer was renewed once rightist PML-N and PTI were voted to power after May 11 elections. Offer of talks created division in TTP as well as in the society. A stage was set for a big breakthrough when Waliur Rahman who was the moving force behind peace talks was killed by a drone on May 29, 2013. Jundul Hafsa took revenge by killing ten foreigners at base camp of Nanga Parbat on June 23, 2013.
It was generally expected that the TTP leading militancy in the northwest and in Punjab would tone down its acts of terror particularly against civilian targets once PML-N and PTI formed governments in the centre and Khyber Pakhtunkhwa (KP) respectively. As a result of their soft approach the TTP had spared these two parties and targeted liberal political parties during election campaign. ANP suffered the most in terms of human losses and in elections.
Contrary to high expectations, the Taliban accelerated their terror strikes after the new government took over in early June 2013. Bulk of attacks took place in KP and PTI lost three sitting MPAs. This surge occurred in spite of APC called by the government on September 9, 2013 in which it was agreed by all the participants belonging to different parties and religious groups as well as the Army to enter into dialogue with the militants without pre-conditions and give peace a chance.
The government stuck to its standpoint despite lot of noise made by the liberals. Anti-peace talks lobbies supported by foreign powers and backed by liberals and segment of media launched a concerted campaign to sabotage proposed peace talks and kept picking fault lines in the resolution passed by the APC. Drone strikes also continued.
When the TTP offered to talk and welcomed the initiative taken by the APC, it was taken as a sign that the road had been cleared for negotiations. KP government felt so confident that it announced phased withdrawal of troops from Buner, Shangla, Dir, Chitral and Malakand districts starting mid October 2013 and handing over responsibility to civil administration. While the ground was being smoothened for the meeting, an unexpected incident took place. On September 15, Maj Gen Sanaullah Niazi and two were martyred at Upper Dir on account of IED planted by Fazlullah’s militants.
We’ve been talking about the financial cost of the War on Terror, and this graphic from our colleague Molly Zisk draws from different studies and sums up the toll in blood and treasure rather concisely, if rather grimly:
Peace process got a big jolt when TTP claimed responsibility and vowed to continue hitting military targets. This hostile act in response to Government’s policy of appeasement was regrettable. It angered the rank and file of the Army and put the Federal and KP governments in awkward position but gave a strong handle to the anti-peace lobbies to beat the peace makers with and make fun of them. As the debate between pro-peace and anti-peace lobbies intensified, another gruesome act of terror took place on September 22 in Peshawar where a church was struck by two suicide bombers soon after Sunday prayers killing 84 people and injuring 175.
While TTP denied involvement, Jundullah Hafsa, a faction of TTP comprising Punjabi Taliban and led by Asmatullah Muawia claimed responsibility of church attack. In the wake of widespread denunciation inside and outside the country over the dastardly attack on church and condemnation by Ulemas of all schools of thoughts terming the act against the teachings of Quran and Sunnah, TTP Shura urged Muawia to disown the act. Soon after his disownment, another group Jundullah led by Ahmed Marwat based in NW claimed responsibility. In reaction to series of terrorist attacks, precision guided air attacks were carried out on militant’s hideouts in FATA which caused casualties and compelled the militants to declare unilateral ceasefire on March 1 for one month.
As against high expectations of military action, PM Nawaz Sharif disappointed pro-war lobbies by giving peace yet another chance and formed a government committee. TTP responded by giving names of their representatives. After the initial breakthrough, government committee was rehashed. Seven hours long meeting of TTP nominated committee with members of TTP Shura at Bilandkhel village in Orakzai Agency on 26 March under cordial atmosphere has raised hopes and light can be seen at the end of the tunnel. Ceasefire which expired on 31 March is likely to be extended. As a confidence building measure the government released some prisoners and TTP is likely to reciprocate to generate goodwill. Decade old antagonism will take time to tone down and transform into conciliation and brotherhood.
Some of the implications of war are listed here-under:-
The war has halted investments and economic activity has almost come to a grinding halt due to energy crisis and disturbed law and order situation.
Human losses have risen several times higher than the collective losses suffered by coalition forces in Afghanistan while social traumas are incalculable.
War has made Pakistan more dependent upon USA, forcing our rulers to continue clinging to the aprons of USA despite its biased behavior.
Infighting among the Muslims suits the US designs; hence it would like the war to continue.
While the US caught up in a blind alley in Afghanistan is clueless how to exit safely, Pakistan too had no strategy to end the futile war till the start of talks with TTP.
Paradoxically, the key to peace is with hardnosed Taliban.
Eleven-year war has not only given tremendous experience of fighting guerrilla war to both Pak Army and militants but also has removed inhibitions and fears of each other. Militants fear air power and drones only.
The militants could not have continued fighting for so long without external support and safe sanctuaries across the border. They are more dangerous in cities where they operate as faceless enemies.
Once NATO exits from Afghanistan, TTP will be left with no justifiable cause to continue spilling blood of Muslim brethren. Once external support dries up, their vigor will wane rapidly and sooner than later they may give up fighting.
The other view is that TTP may become stronger if Taliban government get re-installed in Kabul after 2014 and may then disagree to ceasefire unless all their demands are accepted unconditionally.
The low intensity conflict has caused substantial wear and tear to military’s weapons & equipment.
War has also fatigued the troops living in combat zone amid hazardous environment where life is cheap.
Situation will further worsen in coming months since militancy has spread to every nook and corner of the country.
Civil administration and law courts have not established rule of law in any of the areas recaptured by the Army thereby putting added burden on the Army to hold ground, provide security and carryout rehabilitation/development works.
Opinions on war on terror whether it is our war or someone else’s war, and whether talks should be held with militants or not are sharply divided. This division in perceptions is to the advantage of militants and disfavors security forces.
With so many grave internal and external threats, most of which were invented and thrust upon Pakistan by foreign powers and duly exacerbated by meek and self-serving political leadership, Army’s plate remain full.
War on terror poses a three dimensional threat when viewed in context with twin threat posed by India and Afghanistan.
In case of an Indo-Pakistan war, our current force structure is insufficient and ill-suited to confront three dimensional threats.
Peace is a key to Pakistan’s economic takeoff.
The writer is a retired Brig, defence analyst and columnist. [email protected]
Posted by admin in Pakistan-A Nation of Hope on April 4th, 2014