Imran Anwar, founder of Internet email, co-founder of .PK ccTLD, pioneer of credit card industry in Pakistan, comments on topics of interest to everyone. From timely news to timeless movies, elections to electronics, cloud computing to strategic marketing, and everything interesting in between. Read these sometimes serious, sometimes tongue in cheek opinions, add your comments. Click Like! on the FaceBook button. Share the post on FaceBook and socials.
Wednesday, October 22, 2008
Profit From The Meltdown: Part 2: Huge Profit Opportunities In The Coming Recovery
Part 2: Huge Profit Opportunities In The Coming Recovery
By Imran Anwar
In the previous column we discussed why the current economic crisis appears far worse than it actually is. Yes, grave dangers exist if the world’s economies are mismanaged. But, so far, it appears that all major governments understand the global implications and are working together to stave off global ruin.
It is for this reason that I argue this may be the best time in the world to start investing, to take advantage of the huge opportunities and bargains that surround us, before everyone else does. This is especially true of younger generations, young families, and dynamic people who can afford to take a long term view more than someone close to retirement or already retired (unless they have significant amounts available to invest).
I believe the recession, though painful, will be short lived and will end soon into the Presidency of the new American President. This is especially true if history is any indicator. A Bush in the White House always leads this country into war and economic ruin, and his exit always leads to a historic economic recovery and the opportunity to create great wealth. I can hardly wait for Inauguration Day, 2009!
I also believe we will not have a global Great Depression version 2 between now and then.
There are several reasons for this. One is that most of the world governments and nations had learned several lessons from that historic crash of 1929 - which is referred to as The Great Depression. (I am not sure what was so "great" about it). In that particular crash, the then American administration had made many bad moves. That included not responding, not responding in time, then responding in a parochial, inward looking, protectionist way and doing too little too late.
You are not hearing me say that George W. Bush or his team of incompetent henchmen have done anything right. However, because we live in the Internet age, and most of world economies are so tightly intertwined, in general most of the developed world's governments are working in unison to avoid a global meltdown, even while they recognize a recession is already underway.
How to minimize its damage, and to prevent it from turning into a domino effect - that brings the planet to its knees - is what they are fighting for. Bush and his team, and even Presidential candidate Senator John McCain, showed their cluelessness on the economy. At 9 AM one day McCain was saying the economy was strong. Two hours later he was saying the country (America) was in a grave crisis, as if a sudden earthquake had just taken place.
Then Bush’s Treasury Secretary Paulson said there were specific steps that would be just plain wrong – like the government taking equity stakes in American banks in exchange for large sums of capital. But, when the British, Europeans and Japanese governments did exactly that and saved their economies, literally a day later he was doing the same thing. So much for having any competent person in the White House team! (Maybe Bush can now say, "You're doing a heckuva job Pauly"?)
But, regardless of how incompetent these people are, fortunately they are not the only ones who have a stake in saving the American economy from imploding.
There are countries with huge amounts of United States dollars stashed away in their banks. This includes countries like China. Even the Chinese Communist government, regardless of how disdainfully it may think of the United States, is smart enough to know that the greatest source of its wealth in recent years has been from manufacturing cheap goods that the American market just cannot get enough of buying.
Also, as few people realize, an American meltdown, of its economy or its currency, will also mean financial ruin for China in several ways. China’s growing working middle class depends on feeding the American consumption beast for it to survive and grow itself.
On top of that, over the least few years, despite participating in a world economy, and benefiting from capitalism and open markets, China has always manipulated its own currency to ensure its goods do not become too expensive to export. As a result, for several years, America has had a huge trade deficit with China, leading, effectively, to America owing China a lot of money.
Now its policy of protecting its own currency is coming back to bite China. That is because China is possibly the biggest non-American holder of huge reserves of Dollars. A crash of the Dollar can effectively wipe out China’s current economic wealth.
America, just like Pakistan right now, is hardly in a position to turn down economic support from any quarter. Sure, it'll be a shameful and sad day for the United States to go begging to China. The one remaining superpower in both military and economic terms, before George W. Bush came into office, would actually now be dependent on a communist country like China to help save it's capitalist society!
China, previously the source of cheap socks and itty-bitty cheap plastic toys could be and, I would say also for its own self-interest, has to be America’s economic savior.I also see this as a huge opportunity for Middle Eastern countries, also slush in Dollars and Petro-Dollars, to offer their help but leverage it to increase opportunities for their businesses. But, sadly, I have not seen much strategic exploitation of that of any significance. Sure, we have the occasional deal worth Billions (e.g. when a financially suffering chip-maker AMD has sold off a majority stake to ATIC of Abu Dhabi, an investment arm wholly-owned by the government of Abu Dhabi.
But, I do not see a concerted, strategic and financial effort on the part of Middle-Eastern, or Muslim, investors and entrepreneurs to exploit opportunities as I see Indian and Israeli companies doing. I can imagine us crying in 20 years about how not only do the Jews control Hollywood and the media but then how Indians and Israelis control Silicon Valley.
Yes, I do see that Arabs have started buying up real estate, the one business they understand well here in America (being among the biggest buyers of casinos and other entertainment properties also). But, can they leverage this to help establish a foothold for Arabs and Muslims in things like Venture Capital and other next-generation financial industries? Sadly, it does not appear that is even a goal for them. It seems real estate is already, correctly, being targeted for massive investments but not much else.
It is for this reason that I am quite confident that huge opportunities exist for Pakistani, Middle-Eastern and Muslim investors to benefit, not just from real estate, but also from many other opportunities to buy financial, corporate and technology company assets at bargain prices.
Even though, like everyone else, I took significant hits in the stock market during the last several months, I have actually increased my holdings, especially in stocks of Citibank, as well as Apple. I have also bought stocks of others, like Amazon, Pepsi-Cola, etc. that also got hammered a few days ago. But, the greatest upside I still see in the stock market is in companies like Apple, as well as other battered financial stocks.
Last but not least expensive desirable real estate is going to become even more expensive and more desirable as the market turns around, which is sure to do in the coming days. This will be true especially in the United States when my fellow Americans are smart enough to change the direction this country is headed in. It will happen even sooner if they elect a candidate who is not simply going to continue George W. Bush's policies of economic disaster. We will find out on November 4.
But, don’t lose sight of the huge opportunity for real estate that exists in other markets too.
Major American institutions have created funds of several Billion Dollars to start buying real estate in countries including India. Thanks to the self-destructive tendencies of my fellow Pakistanis, people hardly consider Pakistan as a safe haven for their money (much less their bodies!), but as real estate investment takes off, there will also be a trickle-down or trickle-sideways (osmosis?) effect on Pakistani real estate prices.
I have been making my best efforts to interest American investors in also including Pakistan in the list of places that they invest in – but so far it has been a losing battle. I am hopeful in the new Administration in America (and some improvement in Pakistan's war on terrorists) that the USA will feel a greater need to invest in Pakistan. But, similar huge opportunities exist for Pakistanis of means to invest in real estate in the United States and I am seeing that a lot more from clients that I advise on doing business in the USA.
All in all, I am not just hopeful, but certain, that the current recession will be a short one, though not without short-term pain. I am positive that savvy investors are going to start putting their money, and their instincts, to work before everyone else jumps back on the bandwagon. I am working to do that, and hope you will too!
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Conclusion.
Friday, October 17, 2008
Profit From The Meltdown: Part 1 - As The World Averts Financial Disaster
Part 1 - As The World Averts Financial Disaster
By Imran Anwar
As I sit writing these lines in New York, on this October day, fall weather is upon us. The view outside my window is a curious mixture of an early (native) "Indian Summer", as well as autumn. Much of the shrubbery in my backyard nature preserve has already turned red, with some shades of green and orange adding a magical glow in the reflected light of the setting sun. A few trees have changed color to shades of golden and red, though most have simply taken the dreary shortcut to demise and desolation - from bright, shiny, green to dull, dry and dead - their leaves falling off at the slightest breeze. A chill is in the air at night, and careless people, or countries, can catch cold.
At this stage in history, as America is sneezing, the rest of the world is catching flu this time. Pakistan is facing an economic pneumonia on top of that. Once again "mareez ko dawa kay saath saath dua kee bhee zaroorat hai". ("The patient needs medicine alongside lots of prayers"). In this case, whether Pakistanis get "ilm" (knowledge) from China or not, we are desperately seeking economic medicine (read Cash) from China. Ironically, in this Pakistan is not alone. Facing the winter of (voter) discontent, and an economy shedding more jobs than a tree in New England, America is facing its own economic autumn, and looking for a Chinese ((Spring) Roll?) dough! {Sorry for the triple bad pun!}.
It is interesting how the weather in the Northeast (of America) right now is symbolic of the state of the United States of America - as a nation, as a global superpower, and as a nation whose economy is still facing serious meltdown. Of course, the United States is not alone, as the rest of the world is also in the midst of the potential total economic meltdown.
On the one hand, the roller coaster moves of the New York Stock Exchange in particular, and others around the world in general, could easily give a run for the money to any adventure ride that Disney or Six Flags can offer. On the other hand, just like the falling leaves and desolation of winter are always followed by the spring of new opportunities, this is absolutely the most incredible buying opportunity for anyone with a bit of money to invest.
Sure, I have no guarantee that the market has hit bottom yet. But there is no way that I can believe that we are not already touching the lower extremes of the fluctuations of 2008. I am no economic adviser or investment guru, but I strongly feel that a strong recovery will start in 2009.
Thus, a historic buying opportunity actually exists in almost every segment of the market, especially in America. For example, if I had $1 million to spare, I would most definitely start buying up stocks in financial institutions like Citibank, Bank of America and others. America and other world governments just cannot afford to let such big banks go under. The US government is already an equity investor in them, and will continue to be as needed. The opportunity for others to step in is huge.
I also consider technology stocks to be the forerunners of the next economic upturn in America. This includes lots of new companies that are being created by entrepreneurs as well as existing innovative companies.
So, I would invest a large sum of money in the stocks of Apple, which appears to be firing on all cylinders. This includes a huge sales opportunity in the Christmas buying season for its latest and greatest models of the iPod music player, which commands almost 75% of the MP3 music player market here. Then they have the hottest gadget of the year, the iPhone 3G (which has already sold Ten Million units). Add to that the rapidly growing market share of the Apple laptop and desktop computers, which was raising revenues, profits, market share and respect for the company - even before the launch of the sexy and truly exciting new line of laptops, this week.
But, these are not the only companies or stocks that are desirable. I dare say almost anything (which has sound fundamentals, and a strong market presence) that is off more than 35 to 40% off its highs from last year is a huge buying opportunity.
If I had $1-5 million to invest, or if I were an institutional investor (or a large organization with a large bank account earning next to nothing in the bank), I would be targeting the huge opportunity that now exists in real estate.
Yes, there had been a bubble. Yes, we may have not seen the bottom. Yes, things will go down a bit at least until through part of next year. But, very few of us can be sure we can perfectly time the market and only buy at the lowest possible point.
Even with some downside potential, some significant short term volatility, there are significant long term opportunities to buy excellent pieces of property now, while they are depressed, and sell them at a profit when the market turns around in the next year and more.
Of course, I would not encourage anybody to invest in real estate indiscriminately or without significant research. I would not suggest betting your last Dollar or Rupee on it, if you don’t have financial cushion for one year.
My opinion, and it's only an opinion, not financial advice, is that there are special or particular kinds of real estate that are always going to be the first ones to recover. What I am talking about going after initially are the types of land and properties always in high demand, regardless of the kind of market we are in.
In particular, having spent a significant part of my life living on or facing the water, I have always been partial to waterfront property, especially if it happens to be bay front or oceanfront. In that sense, possibly the state of Florida offers the best opportunity to invest in waterfront or oceanfront real estate, including condos, that can be purchased at great bargains. Other places to look include Las Vegas and even California, where the next technology boom will again take place in 2 years.
The reason I would personally not jump into the condo market right now is because there is still a possible great risk of a builder or a building going into foreclosure, because many of its homeowners go into foreclosure.
On the other hand houses, standalone, or single-family homes as they are called, especially if they are on the water, or facing the ocean or come with any kind of lifestyle element are great investment opportunities. They are very desirable to those with disposable income, or those who will have disposable income more than others or before the rest of the market, so they would be great investments when the market is down about one third from its peak.
The way the market and many current investors, including small investors, in the stock market are responding is as if the Great Depression of 1929 is upon us again. Nothing could be farther from the truth.
Yes, there is a risk that the United States, and the rest of the world, could go into a painful recession, which could last a long time. But, even at its worst, it's not going to be anything like the Great Depression of 1929.
This is not some Version 2.0 of that great depression, when it took the stock market in America nearly 25 years to recover to pre-crash levels because no one knew what to do.
We are living in a very interdependent and very communicative world. We are now citizens of the World far more than any time in history. The speed of communications and the rapid response of citizens to their governments’ actions and inactions ensure that even incompetent leaders in any capital, Washington or Islamabad, Delhi or London, are quickly questioned and challenged.
That makes it far more likely that by design or by accident, coordinated problem solving approaches come from around the globe, all meant to save the world from falling into total financial ruin. That has started happening. Even Communist countries are following Capitalist policies, while hubs of Capitalism like America are literally “nationalizing” banks (actually a "recapitalizing" in exchange for equity stakes, with a potential upside), and injecting liquidity into the markets at a shocking but needed rate.
Just like the end of George H. W. Bush’s lame Presidency and Bill Clinton’s ascendance to power saw a bad recession turn into the biggest economic opportunity for everyone, nearly 16 years ago, I foresee the end of the George W. Bush’s absolutely disastrous and embarrassing Presidency as the start of a massive recovery in 2009.
Are you going to be ready to take advantage of it when it happens soon? Let me know.
To Be Continued
Imran Anwar is a New York and Miami based Pakistani-American entrepreneur, Internet pioneer, investor, writer and TV personality. He is not a financial adviser and doesn't even play one on TV. He can be reached through his web site http://imran.com and imran@imran.com
Monday, October 06, 2008
Barafee’s Law: How To Lose Friends & Be Despised By People
By Imran Anwar
I think it was not too long ago when I had written about the way the American Democratic Party could snatch defeat from the jaws of victory, much like Pakistan could find a way to destroy any opportunity to promote itself.
Quite frankly, I was quite aghast at the prospect of the Pakistan People’s Party, cashing in on the death of late Benazir Bhutto, electing Asif Ali Zardari as President of Pakistan. I am not even sure it could be called electing him, as it was more like confirming instructions given to them by the party, and not their own minds and consciences. (Talk about figments of my imagination).
It was my stubborn belief in thinking “I’d rather have a crooked elected leader than a crooked incompetent dictator,” that I continued to cling to, and, sad to say, still do. But, if events of the last few weeks, and most recent days are any indication, Pakistan has provided, and continues to provide, all kinds of reasons to the world to show how bad Democracy can be, in the hands of the wrong people.
I was in Islamabad for the oath-taking of Mr. Zardari. I will not even bore readers with a rehash of the weirdness of the whole event. It was painful to see a person like him take “oath” of office of President, and that too from a “Chief Justice” that by his own previous policies was considered to be not even legal.
Then to have the repulsive, even despicable, behavior of the PPP workers, who were chanting Bhutto and PPP slogans, during the national anthem on that surreal yet historic moment. I know they have no sense, but have they no shame either, is what I thought?
Then to see more PPP jialas and jialis actually phalang-ing the gates to the supposedly most-secure civilian location in the country was too funny even for words.
I recall some American journalists asking me how could it be possible that some totally unidentified, thuggish people claiming to be PPP workers actually climb over the walls to get into an event unhindered, where almost the entire civilian and military top brass were present? All I could do was give a “What can I tell you,” shrug to hide my embarrassment and amazement. I bet AlQaeda was watching that video clip. (The same pathetic and shameless “Party above Pakistan” mentality was displayed by Zardari supporters, in New York, this week).
Anyway, as if that was not enough, for the Government of Pakistan to actually give a seat and joint press conference opportunity to a puppet from next door, Hamid Karzai, who barely rules over his own palace’s dining room, was just one more moment of amazement.
I did tell my friends and listeners that it was not by accident, but by design, that Zardari had Karzai there. The whole idea was to have a distraction, and to find an additional tool, on top of Mr. Zardari’s obvious deflection of EVERY single important question asked of him.
I was still scratching my head wondering if this whole charade of “elections” was worth the country suffering or Benazir being murdered in very mysterious circumstances, as I flew back to New York. (Don’t even get me started on telling you the stories of having flown PIA, the national flag carrier -, OK, OK, if you insist, maybe in a subsequent article in these pages.)
Being an eternal optimist, I decided to ignore all the above observations and give this new government in my original homeland, Pakistan, a chance, to prove me wrong in thinking I was wrong about democracy in Pakistan.
Yes, yes, I know I am using a double negative. But, if I can’t openly disagree with myself, who else can I disagree with! (LOL)
During this time, as you have read my previous columns, my fellow American politicians were not really doing much to make me feel more confident in the kind of democracy that is practiced in my American homeland.
In America I was crying for 8 years at history’s biggest moron, George W. Bush, as President. Pakistan decided to go one up, and elect a President with admitted mental problems.
It was not enough to have to see Bush stealing one election, incompetently watching 9/11 happen, letting Bin Laden continue to roam the wild lands, start a wrong war in Iraq, meltdown the American economy, help oil buddies and Hailburton make Bilion$ in profit with VP Dick Cheney pulling the strings – while melting down America’s global goodwill.
I then had to see Pakistanis elect a man called Mr. Ten Percent to President, riding on the dupatta -tails of his murdered wife, having his shameless supporters dishonor the national anthem at nothing less than the Presidential oath taking.
How much worse could it get, I wondered. After all, Mr. Bush is only in office a few more months. Zardari sahib and his jialas will finally settle down from the indigestion of getting more than they can handle, somewhat like a starving man coming to a dinner buffet at The Village restaurant in Lahore and eating until finally full, or sick.
No, my fellow Americans, especially the Republicans, had to shove the mindless, inane, hypocritical, almost comical, highly-ridiculed Sarah Palin as the VP candidate under 700-year old John McCain. You already read my opinion on her. By the way, I read somewhere that McCain was bottom of his class in his student days (something like #894 out of 899 students) making him even more scarily similar to George Bush.
So, I am thinking, OK, this is not so bad. My Pakistani President only embarrassed me by being elected, actually taking oath, breaking signed agreements he has, going back on his word, mismanaging the relationship with China, and others, and so on. Bush and then McCain-Palin, as candidates, means the Republicans have embarrassed me as an American even more.
Phew, at least things can’t get worse or more embarrassing for Pakistan, I assumed.
I said to myself, “I mean, what else could go wrong?”
Part 2: Welcome To The World Of Barafee’s Law ™
By Imran Anwar
In the previous column, I had been discussing about how my two homelands, America and Pakistan compete to amaze and embarrass me with their politicians. First we had the moronic George W. Bush for President here, TWICE.
Then Pakistanis elected a man called Mr. Ten Percent and having medical records showing mental problems. (Well, at least, as they say, "paagal hai, baywaqoof naheen", {'He's crazy, but he ain't stupid!'}).
Then the Republicans among my fellow Americans selected John McCain (aged 72 or something) and Sarah Palin (with an IQ of about 72, which is a step up from Bush) as their nominees for elections in 2008. And, I said to myself, “That’s got to be it. How much worse could it get?!”
Darn! Spoke too soon. As if to prove Murphy’s Law applies to politicians and Pakistan’s reputation Mr. Zardari actually showed up in New York.
This led to my version of Murphy’s Law, which I will call Barafee’s Law. This is based on a new recipe for the sweetmeat (Barfee) and ice (Baraf).
My newly announced Barafee’s Law basically states that “If there is any opportunity to embarrass and harm Pakistan’s interests and reputation, our “sweet” politicians (or worse, Presidents), trying to be “cool” will use it to the fullest.”
I had always squirmed seeing how Dictator Musharaff used to “visually undress” well known celebrities, like Angelina Jolie, if they showed up in Islamabad. Mr. Zardari did one better. He made President Dictator Musharaff look like a refined gentleman.
He came to New York, found himself in the same room as the ridiculed and reviled Sarah Palin, and started hitting on her (flirting, pathetically trying to seduce), again, and again, and again.
That is not done, even in a socially liberated (read, very azaad khayal) country like America, where 50% marriages end in divorce, where secret affairs are also common, where dating is a social norm, where the American “conservative” VP candidate Sarah Palin’s own underage daughter is pregnant out of wedlock. There is one thing no one does, at least publicly – and that is to hit on (to try to charm or seduce) a married woman.
Yes, it happens, but it is highly frowned upon.
Doing so publicly is considered nothing less than despicable, and the lowest of lows. It is not to be done, period. It is especially not to be done in public and, especially, especially, especially not as a head of State of an ISLAMIC Republic.
Yes, it is not done especially as a “grieving widower” whose own wife was murdered supposedly by terrorists (or some other conspiracy that can well be imagined after seeing such behavior).
It seems like Mr. Zardari would get along just fine with the notorious American ex-movie-actor football-star thug O. J. Simpson, who got away with killing his wife and who still claims to be “searching for her real killers”!
But, I digress.
I am not perfect. Far from it.
Yes, I am “Happily Single” (see http://happilysingle.net ) and will never claim to be “mukkamal kanwara” like a well known Playboy cricketer of the same name as me did many years ago. I am not a paragon of virtue. I am not without sin. I am most definitely no moral authority. So, believe me, I am not thumping some faux morality Bible on Asif Zardari’s head (skull!).
I am human, and I have said words without thinking in meetings or conferences. I am certain I must have made more than my share of inappropriate remarks (Sorry anyone who was hurt!!)
But, I am also not the President of my country. And, even after making some accidental, or shamelessly deliberate inappropriate comment, and realizing my mistake, I (and almost no one) has gone on to keep making the same remarks embarrassing the speaker and recipient of the Barafee (being cool and being extra ‘sweet’) gift.
Mr. Zardari left no doubt in anyone’s mind that while he was making speeches about working to avenge his wife’s killing by improving Pakistan and its future, in fact, he is nothing more than an out of control aging desi-Playboy who does not have any sense of decorum.
By making his comments to Sarah Palin, in full view of cameras, political operatives, Pakistan-haters, he showed he was not using his head for thinking but had something else in mind. He embarrassed Pakistan, Pakistanis, and the memory of the late Benazir Bhutto. Maybe he was missing her too much. (I am reminded of a Country Music song from some years ago. It was titled “Honey, I Miss You {But My Aim’s Getting Better!}”).
We had always been taught to “Win Friends And Influence People”, by our thoughts and actions, as I had been reading since I was a pre-teen going to St. Paul’s English High School in Saddar, Karachi.
It appeared Mr. Zardari was hell-bent on publicly making a fool of himself and doing maximum harm to Pakistani interests just to get a japhee (hug) from a married woman, who could one day (Khuda na Khasta) become VP or President of the USA.
I am serious. Sarah Palin’s candidacy is a joke but it can be a bigger joke for Pakistan.
Do a Google search for “Tina Fey As Sarah Palin On Saturday Night Live” or use http://tinyurl.com/IMRAN-MAG-TinaFey-SarahPalin to see how she is perceived. This woman herself was the biggest laughing stock in the world – until Mr. Zardari showed up in town, and in her tow, and apparently under her 'sehr' (magic).
We have a serious national crisis in Pakistan, with terrorists intent on destroying the country (and killing its leaders). Obama and McCain both now consider Pakistan, not Afghanistan, the new front in their war on terror. They have their eyes on Pakistan’s nuclear assets, and terrorism statistics. President Zardari is more interested in Sarah Palin’s vital statistics.
She is highly unpopular even among educated and sensible women who supported Hilary Clinton, and there is a good likelihood that McCain-Palin will be an election disaster. But, by making comments about her popularity, Zardari has interjected himself, in a manner destructive to Pakistan, as officially supporting Republican candidates.
It was a lose-lose proposition, and Mr. Zardari not only took it, he played his cards on the same bad bet over and over. If Obama is elected President, his handlers may think Pakistan supported Republicans just because of the Pakistani President having several repeated moments of “tharak”. If McCain-Palin are elected by some remote chance, they will surely not have a high opinion of Pakistan.
With what face can a Pakistani President panting to hug a married VP candidate go to her boss and demand that the US administration not shoot missiles into Pakistan?
All Palin has to do is flash her eye-lids and maybe we will exchange giving them access to all Pakistan’s tactical assets in exchange for a glimpse of her strategic assets.
Is that what our nation’s reputation in the world has come to? Mr. Zardari wrote the book on it… “How to lose friends and be despised by people.”
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The writer is a New York and Miami based Pakistani-American entrepreneur, Internet pioneer, writer and TV personality. He can be reached through his web site http://imran.com .
Sunday, October 05, 2008
Selling Books By Offending Already Oversensitive Muslims
Friday, October 03, 2008
Batman, Putin, Palin & The WoManchurian Candidate - Part 2
By Imran Anwar
Just like any movie that does well. This article is a sequel to the one from last week. If you did not read it, what are you waiting for, read it here first.
Let’s get back to the business of American business being driven out of business, by the perfect storm of perfect storms that partly formed, and partly were created by the Bush administration, that we discussed last week.
Thanks to Bush and Cheney the big oil companies were able to rape and plunder the American consumer for the last full year. They did this by causing prices to be higher than they had ever been. They brought the economic engine of the United States to a standstill.
Just as I had predicted, oil prices that were previously blamed on China and India buying a lot of oil, have suddenly, and miraculously, started dropping. I am, oh, so sure, that this decline in oil prices has nothing to do with the upcoming elections and the dire straits that the Republicans find themselves in.
During this same period, the United States dollar, which is as close to a global currency as there ever was one, has been in freefall. Sure, my fellow Pakistanis are hurting because the Dollar seems to be rising as the Rupee continues to fall against it. But in reality, the Rupee would have been even more significantly lower against the dollar, had the dollar itself not become so weak during the Bush administration.
In most countries a falling currency usually leads to greater exports. However, unfortunately for us Americans, we hardly have anything left to manufacture, so all we can export are Hollywood movies (that soon end up on pirated DVDs), some Boeing aircraft (that I can bet China is reverse engineering as I write this) and maybe some software – (that is not being pirated around the word already).
As a result, high oil prices first ground the American economic engine to a halt. Then, money that was being invested in real estate and the stock market started disappearing as that bubble started to burst.
During this time, due to extremely poor oversight of the banking and mortgage industries, some of the largest, oldest and most respected banks in America were caught with their pants down. Assuming that the good times would continue forever, they had been buying up bad mortgages hand over fist. This was also true of two government backed organizations, nicknamed Fannie and Feddie, that also just went belly up with the US government having to bail them out. Today, AIG, one of the largest insurance companies also got a government bailout. All this time, consumers, and ordinary shareholders are bleeding to poverty and financial death.
As a result, when the consumer cash flow stopped these banks found themselves holding billions and billions of Dollars of worthless paper representing real estate that had lost a huge portion of its value compared to the bubble prices that they purchased at.
Some of these stories may sound familiar to my fellow Pakistani readers, who suffered from stock market and real estate market manipulations, reportedly at the hands of the highest leaders of the previous understanding administration. Congratulations, you are not alone. You have something else in common with Americans. You too were ripped off by your leaders just as Americans were.
It is amazing to see the surreal way my fellow Americans are worried about totally insignificant things. They wonder whether Democratic presidential nominee Barack Obama loves his country or not, because his plane does not have an American flag painted on it.
Others are wondering if the talented but increasingly unstable Lindsay Lohan will end back in rehab soon. Yet others are so excited that a new season of TV shows and trash reality TV is going to start soon.
Others are lining up to see the latest Batman or some similar blockbuster movies. Hundreds of thousands of others are busy discussing how good or bad a quarterback Bret Favre will be for the New York Jets. America’s future jetting towards disaster is far from their minds.
Thank God there are shows like Saturday Night Live, whose former star Tina Fey came back to do a skit on Sarah Palin. I encourage you to check out the NBC video of this skit. Or, see if you can watch some great comedy but done by real American media heroes like Jon Stewart with The Daily Show and Stephen Colbert of The Colbert Report, on Comedy Central. They, it seems, are some of the few people calling it as it is, but is anyone listening. Do check them out on Apple’s iTunes Store (where yours truly also offers a free podcast to listen on your iPod or computer) or at http://www.comedycentral.com/ .
And all through this, the neo-con evil manufacturing factory is in full swing - trying to instill and install a medically, and some say mentally, unfit John McCain as president.
It is almost as if they are making a movie called The WoManchurian Candidate. Many concerned and patriotic Americans are wondering if the game plan actually is for McCain-Palin to be elected by hook or by crook and then the neo-cons hope for a quick demise of John McCain.
He is already a very old man with high risk of stroke, high cholesterol, high blood pressure, 6 types of cancer in his past, former chain smoker, who takes Ambien to sleep. The neo-cons are hoping he succumbs to his medical conditions, so that this woman can be remote controlled to literally control the United States, and the world, far better than could have been done under an incompetent and now lame-duck George W. Bush.
I shudder to think of this perfect storm of perfect storms, all eying the United States, and any state that happens to be of strategic importance to the USA, especially Pakistan.
It is a scary thought. Now if you’ll excuse me, I need to withdraw cash from what is left of my stock market account, so that I can go with my fellow American friends to watch some football games and movies. I hear a great new funny horror flick called “The WoManchurian Candidate” is being filmed around the country!
The writer is a New York and Miami based Pakistani-American entrepreneur, Internet pioneer, writer and TV personality. He can be reached through his web site http://imran.com .
Tuesday, September 30, 2008
Batman, Putin, Palin & The WoManchurian Candidate - Part 1
By Imran Anwar
For those of us who remember the great movie “The Perfect Storm” that is what it surely feels like here in the United States.
I am blessed to have homes in Lahore, New York and Miami in Florida. I was fortunate when, despite all of them being under attack by forces of nature, they all survived. Everyone in Lahore, including my family, as well as many other residents of Pakistan, felt recent earthquake tremors. That same week Long Island in New York was facing one hurricane, while Miami was threatened by the massive hurricane Ike, which later went on to hit Texas.
But, though I, and many others, were very lucky in all of these coincidental storms passing by without causing any serious damage to me or my property or endangering anyone in my family or loved ones, forces apparently even bigger than nature had a lot more in store for us.
One such force, seemingly bigger than nature’s fury, was nothing less than the Republican vice presidential candidate Sarah Palin, who seems nothing less than God’s punishment for any wrongs America may have done.
She apparently is on a mission to do nothing short of God’s work, even more than the previous Bible thumper in the White House, George W. Bush was. She is seen on videotapes telling people that it is God’s work to drill for oil in Alaska. So, I can only imagine how much she will feel it is God’s work to attack Russia and be puttin’ Putin in his place. Or, as a gun-lover, moose-killer, what heat she may be plannin’ on packin’ on Pakistan - to do more God’s work here?
Apparently this vice presidential candidate Sarah Palin is already acting more like the lead of the McCain-Palin ticket. Even more worrisome, she is said to be member of an even crazier group of Bible-thumping, Armageddon-seeking Crusading Christians than Bush was. John McCain and his campaign are doing a lot to try to hide all that is wrong with Sarah Palin and her candidacy. But, they need not bother. Apathetic Americans are what they are counting on most and my fellow Americans are sitting all over their increasingly large behinds to oblige.
Apparently, winning the elections at all costs, including shoving into power the most inappropriate, controversial, power-hungry, incompetent, nepotism practicing, family enriching, corrupt and partisan person available is not the provenance only of Pakistani politicians and Parliament members. They are not the only ones whose loyalty lies more with their political party than their own country.
It seems my fellow Americans, and the Republican Party, are quite capable of doing even more so to sell out their country just to win an election than my fellow Pakistanis and People’s Party “jialas” are. Lucky me, I belong to both countries.
There can simply be no other explanation for how quickly Sarah Palin has come to prominence and how much she is now driving the agenda. She is the beloved of the far right, fringe extremist groups of Christians in America. Yet, just like Bush, even more actually, she is the sweetheart of the Zionist, Israeli-agents, the repulsive, ugly, dangerous and secret enemies of America like Richard Perle.
That man, whose ugly face, and uglier agenda, you will probably remember was another so-called architect of the disastrous war in Iraq, alongside William Kristol. Perle was the leading voice of lies and deceit, which made up the complete fabrication that led to the war in Iraq. Together Kristol and Perle, and their Zionist hench-creatures, exploiting the fundamentalist Christians belief in helping the Israel mentioned in their version of the Bible, are back at it, shaping the agenda to suit Zionism.
These neo-conservatives, the so-called neo-cons, are the ones who had a global agenda of using American military might to shape the Middle East and then the rest of the word in the image that they see fit.
In Sarah Palin they have found a candidate of even more malleable, almost silly putty based, mental capability than George Bush.
The problem they had with George W. Bush was that he is so often appearing stupid, that he was as much a liability for their movement as an asset. His unique ability to make an ass of himself, as well as his disastrous management of the war in Iraq and Afghanistan, led to these neo-con evil-doers being sidelined for a bit.
The Republican Party’s desperation to seek the far-right wing vote, and to hang on to power at any cost, including destruction of long-term American interests, has given these vile creatures the perfect opportunity to line up another perfect storm.
This second perfect storm is comprised of many things, all based on the need to ensure a Republican administration continues to run, and ruin, this country.
It includes the damage being done to world affairs and American interests by the outgoing administration off George W. Bush, including now almost starting to wage war on, and inside, Pakistan. It covers their desire not to be prosecuted for war crimes in Iraq, or being charged for economic frauds and rape of the American economy committed on their watch. And, for the right-wing Christians behind them, we have their not so secret desire to bring about a clash of civilizations.
With Sarah Palin, they have a nasty but seemingly likable, intellectually shallow but attractive, cunning but overall uneducated, tough sounding but moldable, gun toting cowgirl with lipstick, who is just ultraconservative yet hypocritical enough to be the perfect element to complete a perfect storm.
As if the United States needed any more trouble, on top of the latest bombing of an American Embassy in Yemen, shows Bush’s so-called War no Terror, did not protect American interests. A third perfect storm of perfect storms is brewing and now actually hammering the economic shores of the United States.
As if the full scale shipping of American jobs to India and other countries was not enough, as if the shipping of almost all medium-sized and even heavy manufacturing to China was not enough, the economically disastrous policies of George W. Bush and Vice-President Dick Cheney, led to a total economic meltdown which is currently underway.
As an American citizen, with 20 years invested in this great country, I am a one of thousands, if not millions, who have literally watched all their life savings disappear over the last few weeks, and especially just in the last two or three days. And this week, month and quarter are not even over. This definitely was not the week to be an American Gladiator in the stock market. Whether Noora-Kushti planned by politicians and big business, or just big bust-ness of the economy, we feel pummeled by this, yet another, “The Perfect Storm.”
Continued at http://www.imran.com/media/blog/2008/10/batman-putin-palin-womanchurian.html
The writer is a New York and Miami based Pakistani-American entrepreneur, Internet pioneer, writer and TV personality. He can be reached through his web site http://imran.com .
Wednesday, September 17, 2008
Friends, Not Masters - A New Old Approach For Pakistan-US Relations
Past allies and even competitors have shown political civility towards you. For the first time in recent history of Pakistan there is not a group of politicians sitting outside the tent throwing rocks, claiming the President is illegitimate.
On top of that, you can even leverage your historic domestic opportunity to win advantages for Pakistan on the global affairs scene.
As a Pakistani writer, and later as an American TV and media commentator, I have always loudly complained about the way America and Americans want to see democracy around the world, but American policymakers love to deal with, and support, dictators, especially in Pakistan.
Even in this, fate is on your side, at least at present. As I said during a recent interview on the very popular and influential Fox News Channel, in having you as President of Pakistan, America and American policymakers can get what they both want; a democratically elected Pakistani President with almost dictatorial powers, but without the bad aftertaste of a military regime.
Talking about fate, it seems the alignment of the stars favors you in one more way. Thanks to the foolish, even America-destroying, policies adopted by President George W. Bush, the United States has turned its post September 11, 2001 surplus of global goodwill into a huge deficit. His actions have made and are making America, and my fellow Americans, widely reviled among the very people who once loved us.
Not content with destruction of America’s foreign goodwill, Mr. Bush has also taken the huge economic surplus left by ex-President Bill Clinton, and turned that into a huge, and growing, budget deficit. The result is the weakening of the sole-superpower, the United States of America, and enabling opportunities for other countries to rise up.
That is why puny dictators, like the one in North Korea, can play games of one-upmanship with Bush. It is also why Russia was so easily able to walk right into, and take over, parts of the former Soviet state of Georgia. They did it knowing full well that all Bush could do was send the Darth Vader of American politics, Vice President Dick Cheney scampering to the region. All Cheney could do was try to ensure the remaining states did not start quickly falling in line with the latest Russian expansionism.
What that means for America is the opportunity to work with a democratically elected President (and Prime Minister) of Pakistan, both belonging to the same party, which also enjoys a clear mandate by the nation to solve problems. What that means for Pakistan, under your government, is to exploit your position, not for further personal gain, or to benefit your friends and supporters, but to gain greater benefits for Pakistan and Pakistanis.
When I first heard about it, I thought you were doing well by heading to China, a supposedly stalwart Pakistani ally, but which recently has started building close relations with India. But now I hear that trip may be on hold. I still think you should not ignore China in this manner.
I also think it is imperative that you reach out to the Russians.
I have always been anti-Soviet, and am no fan of Russia or its grand designs. But, at this juncture in time and history, it is imperative for Pakistan to finally, and fully, exploit its geo-strategic opportunities. Former Communist and Socialist states are now more and more Capitalistic, at least in their economies. Therefore, it is even easier for you, and Pakistan, to build relationships with, what I call, a “Commutalist” China and a Resurgent Russia.
Let no one think for a moment that I have forsaken my lifelong disdain for Communism, Socialism and all things Soviet. I actually think Pakistan reaching out to Russia is in the interest of both countries I am citizen of, Pakistan and the United States.
How is that possible? Well, it is long standing US policy to exploit Pakistan as a willing satellite and then to walk away from it to go woo India, for example. Having a Pakistan that can as easily walk into the arms of China and Russia actually will help ensure American policymakers show more wisdom in dealing with Pakistan.
What this enables you to do is leverage the situation and work with America. It lets you gain back the trust we lost in the post-9/11 age. It helps you gain facilities that Pakistan has never enjoyed, despite being a loyal American friend for six decades.
During this time, a supposedly non-aligned, but Soviet-allied, India has gained incredibly huge business benefits. Even worse, it is now getting closer and closer to the United States militarily.
To add insult to an even bigger injury, it is India that is now getting civilian nuclear technology from the Bush government. The lame duck government of General Musharraf had ample time to prevent this terrible decision from being made by the lame duck administration of George W. Bush.
Despite having American policy being totally based on his persona, General Dictator Musharraf, and his lazy cohorts, hardly tried to do more than just get enough funds from America to keep them in power. Even if they did try, they failed miserably to stop India’s brilliant and confident march on to the world stage. India has managed to stand next to the United States as a democracy peer, and one day as a military one too. Even more brilliantly, India has done this without jeopardizing its relationship with the Russians.
What kind of slap in the face, kick in the pants, or punch in the nose does a Pakistani government need to see how quickly, and how effectively, Pakistan is being sidelined on the global stage?
The need of the hour from you, on the world stage, is to show that Pakistan means business; not that ruling Pakistan is just a business.
It is essential to insist that America immediately, sincerely and boldly increase its development aid to Pakistan. But you have to ensure transparency in linking such development funds to specific national level projects, be they dams, power plants or roads and infrastructure in underdeveloped areas of Pakistan. With your mandate, and the powers you are yet to show signs of relinquishing, you can easily push through long-stalled projects essential to national development and even survival.
Insist and demand that American nuclear power companies, with some of the world’s best civilian nuclear technology, be allowed to build, own and operate nuclear power plants in Pakistan. This is mutually beneficial. The American nuclear industry segment, which is very close to the Bush and his interests, gets opportunities to grow their global business. Pakistan gets the fastest possible mechanism for producing cheapest possible energy. And, this gets done while ensuring these civilian energy related nuclear projects do not get bogged down in nuclear non-proliferation issues.
Instead of increasing reliance on aging US-supplied military hardware, especially Zia-era aircraft like the F-16s, you must try to expand the horizons of Pakistan’s defense forces. To build our own capabilities, you must invite and encourage Pakistan’s private sector and technology entrepreneurs to build and provide military grade technologies to our armed forces.
At the same time, Pakistan must make sincere efforts to win America’s trust. You must leverage Pakistan’s geo-strategic location. Your government has to show solid results in the war on terror, which is now “our war” as much as America’s.
Your government should work to help stabilize Afghanistan and earn the right and privilege to be at par with, if not ahead, of the technologies America is giving India.
I can think of many reasons why my fellow Americans must realize that India is a long-term threat to US military and strategic interests in the region. I am sure your brilliant foreign affairs experts can give you many more.
Yet, India has all world powers falling over each other to sell it weapons and give it technology and business. Why can’t Pakistan do the same? Pakistan should reach out to European, Russian and American governments and defense manufacturers to seek the best they have to offer.
To exploit to the fullest the foreign relations opportunities you have been blessed with, I suggest that you reach out to, and visit, the largest powers that impact us directly. You must meet with the leaders of China, Russia, the United States as well as India.
Going to Dubai to take care of any kind of non-strategic, non-mission-critical, or personal business is a bad move. Blowing off China and rushing to our former colonizers in the United Kingdom at their slightest beckoning is a move Pakistan, and your government, will regret in the long run.
My suggestion is still to visit China, Russia, possibly Saudi Arabia. I would also add France, Germany and Japan to the list, while having your experts consider visiting a Muslim country like Malaysia that has done well on the global economic scene.
Yes, later, you should also visit the UK, and the USA and the UAE and any other country that you have an interest in.
But, now is not the time to rush there. When the time is right, when you have established a modicum of Pakistani sovereignty and independence, in the eyes of these countries, only then should you visit them. Believe me, you will find them more respectful and receptive to you if they know you are not rushing to their arms.
Ironically, even then, the loud and clear message you have to carry, as a democratically elected Pakistani President, is best summed in the words of a former dictator.
The people of Pakistan seek relationships with all these countries…. as our “Friends, Not Masters.”
Friday, September 12, 2008
Sex Appeal, Sax Appeal, American Idol, Idle Americans & The President
He showed up on TV as a guest of the now-defunct show with Arsenio Hall. (You remember him as the guy whose face flashes in the hit song “Straight Up (Now Tell Me)” by singer-dancer-choreographer, and now a judge on the hit TV show “American Idol”, the cute bundle of energy, Paula Abdul). Clinton did not do this while running for Mayor of some small town, but as a Presidential candidate of the United States of America.
Political analysts, and pundits, diverged in their views on the move. Some thought it cheapened the Presidency, making Presidential candidates act like actors or musicians hawking their latest books on late night shows of Jay Leno or David Letterman, or showing their tender sides on Oprah Winfrey’s show. Others thought it was a brilliant move. It enabled Clinton to connect with a politically disconnected youth population that was more interested in how high Madonna’s skirt was than in how low global opinion of America was.
In the end, Clinton won. This was partly for his savvy moves, and partly because George H. W Bush (father of the current lame-duck American President George Bush) was a clueless President who oversaw the US economy sliding into recession. (Like father, like son?)
And in the long run, American politics became even more inextricably mixed with show business, and the selling of candidates as products not leaders.
The victory of style over substance was visible all through the current Presidential election campaign now taking place in America. Despite not having too much experience, Barack Obama was able to use his star power and personality, his eloquence and some great ideas, to build a campaign. This has enabled him to overcome even the challenges of being inexperienced, Black and having a Muslim sounding name! He was able to beat out Hilary Clinton (who should possibly have learnt to play Guitar or Saxophone like her husband). Obama made a far more experienced and well-known Senator John McCain have to play catch up throughout the campaign.
But what advantage show-biz type political exposure giveth, so does it taketh away. John McCain’s campaign was in dire straits (some say it still is). But, more than any specific problems, it suffered the worst malaise in the world of politics today – it lacked “interestingness.”
There was just nothing exciting about a Presidential candidate who, despite being a war hero and long term senator, was seventy-something years old, and totally boring.
He had sided with George W. Bush in his disastrous policies on Iraq, and had no clues on how to solve Americans’ other major concern, the failing economy. On top of that he was jumping around from issue to issue.
He was weakly trying to appear relevant in a world driven by the star power of Barack Obama. His old guard Republican money machine, often selling out American interests to oil companies and the military industrial complex was being beaten by Obama’s money and public awareness juggernaut on the Internet. Youth was lacking in McCain and his campaign, while it was central in Obama’s campaign.
To make matters worse, McCain actually tried to cut into Obama’s mass popularity by implying that he was a mindless celebrity. In a now infamous TV commercial, McCain ridiculed Obama by comparing him to blonde bimbos like Britney Spears and Paris Hilton (previously my target of ridicule in another article). The only thing was, the technique backfired.
Paris Hilton (“famous for being famous” and infamous for her interesting “home videos”) was the wrong target to poke fun of. Not only was Paris Hilton’s mother a donor to McCain’s election campaign, to her credit, Paris Hilton played along and turned the tables. Enjoying being the center of attention, she turned that into her own political ad. You can see it on YouTube ridiculing John McCain, his campaign and so-called energy policies.
During all these McCain blunders, Hilary Clinton kept fighting Obama for the Democratic nomination. This time around, though, her very popular husband, Bill Clinton lost his groove, and was not able to swing support in her favor. Maybe it is because he said politically incorrect things while tooting his and his wife’s horn, but he also did not show up on TV to play the saxophone. That may have worked better than some of the things he said. Result: Hilary lost to Obama.
It seemed like a done deal for Obama to beat McCain. To top things off, Obama, whom the Republicans accuse of being inexperienced, chose quite a good candidate for Vice President. Senator Joseph Biden, while even more talkative than me after having four drinks of Pepsi and coffee, has vast foreign policy and Washington experience.
That is when the Obama campaign seems to have lost some momentum. Instead of building on this great candidacy they appear a bit rudderless right now.
There is also the question of race. When someone asked the question “Is America ready for a Black President?” one of my favorite TV personalities in America, John Stewart, reportedly said that before Bush’s election “No one asked if we were ready for a moron President!” But, whether Obama can turn his dynamic rise into a historical election remains to be seen.
That is when John McCain did the dumbest thing in the world – which just may put him into the running again to be President.
After ridiculing Obama for his lack of experience, seeing that Hilary’s loss had upset some women voters and people wanted change – he picked a very inexperienced woman governor of Alaska to become his Vice President.
How poorly selected was this woman, Sarah Palin?
After she was nominated it came to light that, despite the Republican’s often holier-than-thou attitudes and anti-choice agendas, Mrs. Palin’s underage daughter is pregnant. Now the Republicans are trying to sound more “open minded”. Instead of Palin’s daughter’s boyfriend being arrested for the crime of statutory rape, he was sitting front row at the Republican National Convention. What a joke.
But, wait, there’s more! Candidate Sarah Palin’s selected was so poorly vetted, it has now also been found that her husband belonged to some sort of militia or anti-USA organization that wanted Alaska to secede from the USA. Good old Sarah Palin also had used office funds for her personal use. On top of that, she used State funds to hire the lawyer to defend her in the case of that corruption. And we complain about Pakistani politicians!
You would think all these reasons would be enough even for a corrupt Pakistani political party to throw out the candidate in question. But, for the Republicans desperate to breathe new life into a comatose candidate like McCain, she is nothing short of a miracle.
She is not Virgin Mary, but she is their Hail Mary pass at scoring a touchdown this election. Sarah Palin is very attractive, as is McCain’s wife Cindy. This may be an election in which these two women’s looks may well decide the election.
Just like selling a new shampoo, the selling of the Presidential candidate to the American public now requires sex appeal, even more than sax appeal!
Friday, September 05, 2008
Pakistani Elections: Open Letters To Presidents Ex, Why & Z
By Imran Anwar
We all have dreams. In my dreams I am intelligent, dashing, handsome, filthy rich and powerful. I am also wise and highly intellectual, with such great opinions that heads of state call me - or at least listen to what I have to say on matters of great importance. Then, usually, I wake up to reality.
Obviously I am not the only one who has wild dreams. After all, if it were not for dreams, why would people try to run for the office of president of our nation? In many cases they even do this with scant regard for reality. It is also always important to remember the difference between dreams, big dreams and delusions.
I am writing these lines in Karachi. I am here to be a guest on several GEO TV shows discussing the election for President of Pakistan. When I look at the candidates for president, I see a curious mixture of dreams, big dreams and delusions.
The readers of my articles, from back in the 1980s in MAG Weekly and News International, to my current topical blog postings at IMRAN.COM, know very well that I do my best to be fair and balanced, as well as an “Equal Opportunity Offender”.
I say it as I see it, without regard for racial, ethnic, national, political or religious affiliation. That is also why I probably never will be offered a cabinet post by any head of state in Pakistan, elected or otherwise, or any other country.
Since none of the three Presidential candidates in Pakistan has contacted me for my advice, I have to assume it is because they believe I must be very busy. So, to be totally fair, I decided to write to each of them through an open letter in this publication. Like variables in an engineering or Math problem, let’s call them candidates Ex, Why, and z.
To President Ex – Justice (retired) Saeed-uz-Zaman Siddiqui
Sir, I have to give you credit for having a dream. Do I do not know you personally I salute you for being one of the few people in Pakistani elections that I have not heard anyone say totally negative things about. Sure, some may question your affiliation with the Nawaz Sharif party based on past events, but even your critics and non-supporters do not try to rip you to shreds. That, itself, is a major achievement.
You are a man of principle, said to have high integrity and the honor to stand up to a dictator. These are qualities that would get you elected and appointed in any other country.
Unfortunately, in Pakistan, these are the very qualities that would likely ensure you can not be elected president of our great nation. Sure, stranger things have happened. But, I thank you for dreaming and making a run for the presidency.
To President Why – Mr. Mushahid Hussain Syed
You, Sir, are obviously a man who has big dreams. I came to know off and respect you when I was a student political leader at the engineering University in Lahore. This was in the 1980s, when you were making a name for yourself as a journalist standing up to a dictator.
When I joined the ranks of the media industry, as business manager of Jang, and a writer in MAG Weekly, etc. I continued to respect you even though you were at a competing newspaper.
It is, therefore, a huge shock for me to learn that during the last 20 years you went from being an independent minded, outspoken, bold, Muslim media professional and a prisoner of conscience to someone who not only supported but became part of a dictator’s team.
It is easy for me to comment on your decisions to change sides in a political fray, but for you to change completely into the opposite of what you stood for is something I will never understand. In any case, I thank you for dreaming big, and making a run for the presidency. It will hopefully enable educated media professionals to be considered candidates for president in the future.
To President Z – Mr. Asif Ali Zardari
Sir, even though I have never personally met you, it has been my observation that it is nothing that you are understated about. We know that the other candidates have dreams and big dreams, possibly with some delusion thrown in for good measure.
In your case it is obvious that you had a dream, you have big dreams and, you may be suffering from a potent mixture of ambition, hubris and delusions of grandeur.
Apply that on top of a foundation built on a pliant political party machine devoted and dedicated more to a particular individual or a family than to their own roll in national politics, democracy or, heaven forbid, history. Result? You can almost be assured of the presidency. Congratulations.
The way I see it, only a miracle can prevent that.
Now, before you think I must be some anti-PPP, anti-Bhutto, anti-Zardari activist, let me assure you that is not the case. I have had the pleasure of meeting the late great Zulfiqar Ali Bhutto in Karachi as a young teen, the late Benazir Bhutto, as a young media professional, and always been supportive of their role, as individuals, and as a family, in Pakistan’s democracy.
But, I am not a blind worshipper of the Bhutto name. Both those great individuals also failed to live up to the incredible potential, and historic opportunities, God gave them. They paid, in both cases, with their lives and the country paid either with failed experiments in democracy, martial laws or instability.
When I say that only a miracle can keep you from being President, I say that as a will-wisher of Pakistan and the Bhutto legacy – which I suppose is now more of a Zardari family name legacy. And, herein lies the problem.
Ego, ambition, hubris, cunning, ruthlessness, dreams, visions, delusions of grandeur, and perhaps even a dash of madness are not necessarily bad things – especially if they are attached to a person who dreams to change the world, to build empires for his nation, build historic monuments to man’s dreams and ability, to leave a legacy bigger than he himself ever was. Alexander the Great, even Napoleon, and many other “madmen” come to mind.
These same personality traits in more ordinary people, driven merely by desires to conquer real estate markets and build Swiss bank accounts, and to exploit opportunities for short-term gain, can only ensure disasters of history, and historic disasters.
My fear is that you have all the traits we talk about above but lack the vision to see this is a historic opportunity, not just another personal opportunity to “get more rich” and “take care of your friends”.
The sad thing is that even the staunchest Bhutto supporters, from politically connected families, to their servants and man-on-the-street type voters are all but certain that nothing good will come out of your becoming President, regardless of your beautifully worded article in the Washington Post.
You make a compelling argument for why your Presidency is essential. But, I wonder how you expect anyone, much less a jaded nation of 160 million people to believe a word you say, after your reneging even on your own signed agreements with Nawaz Sharif, and your obvious play at controlling the judiciary.
Almost to a man, the impression in every city I have asked people about you is that you are only doing this for personal financial gain at the expense of the country. They feel what may have been true or false impressions of large commissions associated with you as a nickname, will become even larger grabs of power and wealth.
As a result, the false blessing of your becoming President with a weak hand-picked judiciary, ugly constitutional amendments a gift from former dictators, lapdog lawmakers and apathetic public could become a true-curse.
The actions everyone predicts for you may ensure the total erasure of the Bhutto name and goodwill, and any chance for your son and coming Zardari generations from playing a positive, or any role, in the unwritten future history of Pakistan. The even bigger risk for your family and you would be to become “marked men” instead of leaving a great mark on history.
Therein, Zardari sahib, lies your opportunity. No. I do not refer to your opportunity to acquire larger Swiss bank accounts or longer lists of properties abroad.
You are actually blessed with truly low expectations from everyone.
From judges to generals, from journalists to generalists, from even your own voters, no one expects anything good for Pakistan under your rule.
That actually is a great chance for you personally. You, and only you, can easily, but with some soul-searching, some introspection, some staring at the mirror, some appreciation of where you stand on the crossroads of history, decide to become a truly historic figure - in a nation starved for historic leadership.
Will you, Sir, have the wisdom, decency, moral and political courage and a vision of making a real name for yourself, and your coming generations in history books.?
For your, your children’s and Pakistan’s sake, I hope so.
The nation is standing by to see what path you take. Good luck, President Zardari.
Imran Anwar
Tuesday, August 19, 2008
Musharaff Out! Pakistan Gets Yet Another Historic Opportunity
Much that I have been a critic of President Dictator Musharraf in Pakistan, I do have to give him credit for not having been the evil dictator that General Zia had been about 20 years ago. On top of that, I must laud retired General Musharraf for having the decency to step down, and resign instead of facing impeachment.
In that, he has shown greater courage and decency than either president Bill Clinton did or that I wish President George Bush would show.
Some of the statements in his farewell speech were laughable. But, one also has to understand how difficult it must be for any president, much less a dictator, especially one who suffers from a savior complex that Musharaff did, to step down.
But all is well that ends well. And one has to say that the Musharraf presidency and role in Pakistani politics has run its course. For better or worse he is now a part of history. Now it is up to the Pakistani coalition government as well as the Pakistani population to decide where they want to go from here.
Will Mr. Zardari and Mr. Sharif, the two men in power for now, do the right things for Pakistan? Will they have the good sense, decency and moral courage to put their own political ambitions aside and focus on putting Pakistan on the right track?
In this case, the right track that Pakistan needs to be on is, in reality, a long and winding road - of several interconnected and sometimes opposing paths!
On the one hand Pakistan has to do everything in its power to curtail the evil of fundamentalism and lawless terrorism that has become the norm. On the other hand it also has to stand up for its national self-interest, even if that means standing up to United States pressure.
Pakistan has to ensure that education of the masses, especially in the rural areas is a high priority. But, it cannot be done at the expense of economic development in the major cities. It needs to ensure the provinces get their fair share of revenues and development funds, but not at the expense of idiots holding up building of dams and power plants needed to survive, much less thrive, in coming years.
I am personally a big proponent of considering dictators and their supporters punishable by death when they overthrow an elected government. However, we also have to remember that the so-called elected rulers of Pakistan generally have themselves been guilty of becoming "elected dictators".
So, yes, there is some value to charging Mr. Musharraf with treason, which he did commit, in overthrowing the government of Mr. Sharif. This is especially true if the Pakistani people seriously want future generals and dictator wannabes to have the deterrent of death staring them in the face, should they decide to overthrow an elected government. But, at the same time, I realize that the Pakistani army is not going to stand by and watch one of its own actually be hanged.
I am also quite certain that Mr. Musharraf and his partners in crime, including bureaucrats, and people like Mr. Shaukat Aziz, have played a major role in plundering the economy of Pakistan, playing the stock market, and manipulating commodity prices to their own benefit. However, these are crimes that have been committed by every single government, and every single ruler, in Pakistan.
So, if we want to jail or imprison Mr. Musharraf, we should be ready, willing, and able to do the same for Mr. Sharif as well as Mr. Zardari. After all, neither Mr. Musharraf, nor Mr. Sharif, were ever given the name Mr. 10% that Mr. Zardari is commonly known as.
In the immediate future the biggest threat to Pakistani democracy and being on the right track does not come from the Army or from any external threat. The biggest internal risk to Pakistani democracy would come from the politicians starting infighting for greed and personal ambition.
Let us all hope for the best and make sure we keep the pressure on these new rulers to follow the rules. Let us pray that this historic opportunity is also not squandered by politicians, bureaucrats and illiterate followers of fundamentalist murderers.
What do you think?
ADDED: Aug. 28. A server problem (as usual a GLOBAT web host mistake!) prevented this post from appearing online for weeks. Zardari is hell-bent on becoming sole proprietor of Pakistan, the fawning corruption-in-waiting Assembly members are least bothered to do what is right for the country. Let the looting begin.
ADDED: Aug. 25. During this time, Mr. Ten Percent, Asif Zardari, the man Benazir Bhutto had ensured keeping out of the picture, has had himself nominated as candidate for President. He has already reneged on written agreements for restoration of the Supreme Court Chief Justice and an independent judiciary. Result, the coalition that was able to bring down Musharaff has collapsed a few minutes ago.
Tuesday, August 12, 2008
Can Bush Push Mush? Another Legacy Leaving Opportunity Lost
From the dictator Zia having an opportunity to clean up the country of corruption, to Benazir Bhutto doing something for womenkind and education, history was wasted. Ghulam Ishaq Khan was thrust into the role of President and blew a historic opportunity for him to be apolitical, and have a chance to be someone Pakistanis would remember as a hero.
Alas, once in power in most countries, and especially in Pakistan, elected and unelected heads of state, regardless of being 40 years old or 70, seem to live in the moment, for the moment, and moment by moment. Even the aged Ghulam Ishaq Khan did more to enrich his relatives, and play political games, than grab the incredible opportunity he had to become a new father figure in Pakistani history.
It is amazing that in Pakistan's 61 years, there is not a single head of state who has tried to, or left, a legacy good enough for Pakistanis to consider adding his (or her) photo on even a (now defunct) One Rupee note.
We now have a situation that is eerily similar to what we have seen before. A dictator, even more unpopular than Zia, is clinging to power, simply because one of the most unpopular American Presidents, ever, George W. Bush's grand foreign policy for the South Asian region is --- 'we stand by Musharraf.'
Perhaps Bush supports Mush because it ensures there is at least ONE President who is more unpopular than Bush himself is! But, jokes aside, even a tragic accident of history like George W. Bush is trying, belatedly and with no success, to spend the next 6 months trying to "leave a legacy."
I can easily say Musharraf is a far smarter and more cunning man than Bush ever was, or will be. But, one thing they both share in common besides the sound of their names - no understanding of how legacies are left.
They do not understanding that a legacy is not created by clinging to power, or failed ideas, but by doing things in the greater interest, things bigger than what even our biggest admirers could imagine us doing. Legacy and history smile on us when we do things even we could not imagine being selfless, brave and visionary enough to do. When we become bold enough to stop living for our own egos today, but to step aside now, so the future can look back on us with respect.
Alas, neither Bush, nor Mush, get the concept, which is why they are both close to each other in how history will not remember them. They are among the most unpopular, ineffective, and impeachable Presidents - though they rule over countries thousands of miles apart, and worlds apart in political, religious and social systems.
Saturday, August 02, 2008
Transitioning From Guesswork To Analysis In Predicting Apple Product Transitions
People are trying to guess if it means a switch from Intel to AMD, some new chipset from Semi, the company that Apple acquired, some new video chipset, etc. I can see that they can be called 'trasitions' - but then, so is changing the way a power adaptor connects to the laptop. I do not see any of these as having significant enough impact to warrant the CFO warning of some lower profit margins.
My prediction is that Apple may decide to let Mac OS X run on non-Apple 'Windows/Wintel' machines (which would lower margins and be a product 'transition' at the same time).
To keep pace with, while not really price-matching the low quality fares of HP and Dell, they would also reduce their own hardware prices somewhat, but still command a premium for additional things like Semi related chips, perhaps GPS and a WWAN capability built in.
And, finally, perhaps it is time for the granddaddy of the old and defunct Apple Newton, bring in a TouchMac. A tablet style MacBook Pro with touchscreen, iPhone like functionality, and 3D display capability.
It would be cute to call them TouchBooks, but Panasonic may object based on their Toughbook trademarks. That would be tough to book as a trademark!
What do you think?
Wednesday, July 30, 2008
MADitorial: Banking On Bad Headline Writing Skills & Helping Thieves
But, all too often, we see news stories, especially headlines, that can mean the opposite of what the writer intended. And, most often, they are not deliberate puns. I am sure I am guilty of such errors too.
Today's daily email from the Palm Beach Post in my Inbox is amusing.
It states:
Armored-car worker shot at bank near West Palm
Attempted robbery happened this morning Wachovia Bank on Okeechobee Boulevard.
View map of bank | More crime news
First of all, the way it is written, the text suggests that the armored car worker, an armed guard usually, is the one who shot at the bank building or something related to the bank.
Secondly, the sub-heading does not continue logically from the headline itself. For example, it could have conveyed the same information, but tied to the headline by saying something like this, "Shot by bandits during morning robbery at Okeechobee Wachovia Bank" - even using terse verbiage for space-saving reasons.
But, what I find amusing about this reporting is how conveniently the "More crime news" link is placed right next to "View map of the bank"... the better to help the next set of bank robbers plan their getaway perhaps!
Saturday, July 19, 2008
Three Blind Mice Or One Boring Politician?
Her brief posting, cutely titled, "Three Blind Mice", simply stated, "And the biased media continues...should we be surprised? Probably not."
That was followed by the following three URLs.
http://newsbusters.org/blogs/kyle-drennen/2008/07/17/network-anchors-join-obama-world-tour-little-coverage-mccain-travel
http://www.americanthinker.com/blog/2008/07/if_a_network_anchor_falls_in_t.html
http://abclocal.go.com/wpvi/story?section=news/entertainment&id=6274320
Not that the media does NOT have a bias. Of course it does. It always appears biased in favor of whoever you oppose! But I was amused to read the first link. So, I posted a follow up note to Ms. Bateman'sc comment.
I acknowledged that she did make a valid point. But I went on to say that it was amusing to read the first link and have a real pro-Republican blogger quote the... (gulp)... New York Times for an objective comment. :-)
I did not check that blog's previous postings to see what they may have to say about some opinions that Fox News Channel simply is a Republican Party propaganda machine.
This is not to defend the anchors Amanda criticized above, or their myopic lemming-like networks. But, let's not forget that, media bias not withstanding, the media reports things based on interestingness from the public's perspective.
So, Britney Spears' sister having a baby gets on the cover of People magazine but not, say, the Sudanese leader possibly being charged with genocide.
Is that particular choice a show of "bias" against black politicians or world leaders? Of course not - though I am sure some will want to think so. No. We have to look at other possible angles also.
Even my Republican friends, and objective conservative media professionals all admit, McCain has just not been a very interesting candidate or politician in a very long while. He is NOT good at thinking on his feet when an unfamiliar question is posed to him.
(See this video online of him totally lost and clueless http://act.credoaction.com/campaign/mccain_respect_contraception/ ).
He seems uncomfortable with his position. All he can do is appear "resolute" in sticking to the failed policy of the war in Iraq.
People immediately "accuse" me that I must be some extreme liberal, or Democrat, if I dare criticize anything about Republicans. But, in fact, I am a thorough independent.
Ironically, I had been a loud supporter of John McCain for President in 2000 and fully believe we would have been far better off as a nation having him, despite his somewhat loose-cannon personality, as President than the joke of the millennium George W. Bush that fate, and the Supreme Court, foisted on us.
(2004's re-election of George Bush is something Republicans and his voters have to take the blame for and know that history will judge their actions as the most destructive single influence starting America's decline in the world at a time it should have been getting far more loved, respected and emulated worldwide).
So, much that I supported McCain over Bush in 2000, and much that I respected him for being a war hero (as opposed to a war Zero like Bush), I cannot bring myself to support him for President of the United States in 2008. He has served his country ably, well, sincerely, and should be commended and respected for that. That alone is not reason to elect him President.
Does that mean, somehow, that Obama is the perfect candidate. Surely not. Obama can make mistakes, Hillary can still cause trouble enough for the Democracks -- sorry - Democrats to lose the election.
That means McCain can obviously not give up. But, just being a candidate does not a campaign make. He needs to smarten up. He has no momentum at present. He has no great ideas. He is sticking to bad ideas on Iraq. He is not exciting to the populace. Even worse, especially from the media perspective, he is just not interesting anymore.
That is what his campaign in disarray has to focus on. Try to make him be more exciting, interesting, and, yes, more creative and original than he is at present. Can it be done?
What do you think?
Friday, July 11, 2008
Economy, Russia, Iran, Iraq, Afghanistan - Bad News All Around
Just the top stories in "MyYahoo" is a litany of bad news, followed by worse.
It appears that the economic crisis we are facing today, with bank stocks melting (don't even ask how much I lost on Citibank alone), hundreds of thousands facing foreclosure, credit cards and others squeezing customers, oil trying to hit $200, is not going to get better any time soon.
Item one, at least on my view of "Top News from Reuters", is a report saying the government is mulling taking over Fannie Mae and Freddie Mac. What that means is that despite recent claims by their management, and top Bush economic officials, that the organizations have enough money, they in fact are preparing for a bailout. What that means for the rest of the economy, and for the American tax-payer, remains to be seen.
The second item shows that the Russians, still following the policies of Mr. Putin (whose eyes and soul apparently Mr. Bush seems to know intimately well), are actually using the recent Iranian missile tests as a reason for the USA NOT to deploy a missile shield. I am not quite sure I understand the "logic" of the Russians. I can understand them not wanting the US to deploy weapons systems that negate Russian military power, but using the (fairly) successful Iranian missile tests as a reason against that defies logic.
Wait, there is good news. The new iPhone is being snapped up by customers around the world. Great news. But, much that I love Apple and the iPhone, in the grand scheme of things, and in the serious issues we face, it is kind of silly for that news item to be displayed at par with the economic meltdown in America, the Russian military grumbling and the roar of Iranian rockets and potentially soon, Israeli jets.
The next item has me scratching my head. The Mexican government, which does not want to take back its 12 million illegal immigrants (including the many criminals and gang members they sent over), nor wants us to build a fence to keep these illegal hoards out of America, is taking us to court! And, not even our courts, but the 'World Court', where they are fighting to save five Mexican criminals from execution for deadly crimes committed in the USA! So, not only are we supposed to welcome their illegal riff-raff with open arms (doing which both Obama and McCain are falling over each other to show love for illegals), we are also supposed to welcome, and allow to roam free, those among them who commit murder or heinous crimes. Amazing.
For a second, my attention was caught by the next item - which could qualify as good news. Lebanon may be able to form a unity government. Whether that is good news or bad depends on which side of their internal strife you are on.
But, before I could dwell on that item, the last news item in that list of six top stories was just more bad news on several fronts.
Things in Afghanistan, the place where Bin Laden and his henchmen hid and planned their attacks on America, are getting worse. The Taliban are resurgent in Afghanistan, and we are losing soldiers in Iraq. The Afghan government is getting weaker and Bin Laden is nowhere to be found, and we are preparing for an attack on Iran.
And, what did we just manage to do? Our mistaken bombing just killed 47 civilians there, including women and children. Surely not a sign of success in winning hearts and minds. Bad, very bad, news.
With Bin Laden still out there, the Taliban attacking us and our allies more and more, Iraq still a morass, our economy in meltdown, and oil aiming for $200, what is a President to do... why, start a new war of course! Hello, Iran. Hello, $300 oil. Hello, total economic meltdown.
What do you think?
Tuesday, July 08, 2008
MADvertising: Old Stereotype Underlies Sports Authority Under Armor New Prototype
However, I also strongly believe that, regardless of the (low) merits of political correctness, it is imperative for businesses, especially those in communications or consumer industries, to be cognizant of how their work(s) may be perceived. Sometimes, a racist, or bigoted, or sexist, person may deliberately create advertising, or TV characters, or movie situations that play up stereotypes. Other times it is sheer cluelessness that leads to the same results.
The latest example of such, most likely clueless, MADvertising came into my Inbox just now. It is a Sports Authority electronic promotion for Under Armor brand sportswear.

What amazes me about this image is the deliberate or inadvertent combination of racism, sexism, stereotyping as a big, strong, and apparently determined Black male is seen running after (or behind) an obviously weaker (single?) white female. Even worse, look at the expression on her face. She is not out running in a determined manner of an athlete. There is almost an expression as if she is concerned and stressed, and looking for shadows on the ground to see if someone is coming after her.
Yes, I can be accused to seeing imagery that is not there and imagining these issues where none were implied. But, that is the whole reason I call it MADvertising. Smart communicators and marketers avoid such potential pitfalls to the best of their abilities. This particular ad surely could have been done a lot better.
What do you think?
===
PS. This comment generated a lot of comments, as you can see below. I am quite amazed, and amused, by some of them, but displaying them regardless of the personal attacks. As can be seen, everyone's comments have been posted.... even the ones from the same 'anonymous' using the same computer a few minutes apart. :-)
It is also interesting to see many people completely miss my referring to this as most likely an example of clueless advertising (the world is full of more examples than just this) or MADvertising.
I think people also miss that I am personally sick of political correctness (or of pandering to particular races that a lot advertising is now doing). I am also sick of having to squint my eyes to read English instructions on product packaging because half of the space has been given up to Spanish. I detest having to choose between English and Spanish when I call banks or other companies' phone numbers. This is America. We speak English. I feel if an organization has so many customers of a particular language or ethnic group then they should set up a separate 800 number for them instead of making their (most likely) 90%+ of English speaking customers to have to select what language to speak in their own country.
But, that does not mean I can claim there is no racism here. (I will be accused of being racist for the above comment, while being accused below of seeing racism where it does not exist!)
I do raise eyebrows when I see particular ads where, for example, the likelihood of seeing Black models tends to be higher if the ad depicts some sort of stupid behavior. Again, it is not only Blacks shown doing stupid things. There are plenty of ads showing stupidity (in the name of humor) with models who are white males, females or even groups of people. (I will post something about those separately later).
But, everyone's comments are appreciated and posted here. Thanks!
Imran