abc-Bhutto-xyz

While teaching us different forms of GARCH models (Generalized Autoregressive Conditional Heteroskedasticity Model)- a type of econometric model, the professor told us that nowadays, you can see different forms of GARCH models. Generally speaking there are many abc-GARCH-xyz models. Changing different names would not make a real difference. All newly developed models lead to the same thing, so don't be overwhelmed by looking at these different models. Same thing can be attributed to Pakistani politics. Since the birth of our country, we have seen many dynastical political leaders coming one after the other. For last four decades, the leadership remained in the hands of a few families. They come turnwise, and in order to change the scenario a little bit rather too much, a military General takes over the scene and lead the country in his own dogmatic style which is referred to as "Dictatorship". These military leaders take advantage of "the corrupt" democracy and they get a good chance to veil themselves as being the most honest person who can lead the country to the zenith of success. They rule for almost a decade in most of the cases and leadership style is so excellent and articulate that when they eventually leave the country, only years after the poor public realizes that they cut the roots of economy from the very deep. In their era, everything seems perfect.

Anyways, the topic of discussion was the circulation of leadership in two-three lucky families of Pakistan. I would call it a "Vicious Cycle". This term is used in economics to show a situation in which the apparent solution of one problem in a chain of circumstances creates a new problem and increases the difficulty of solving the original problem. Hence with the movement of leadership back and forth from some "Shareefs" some "Bhuttos" and then ruinously came in hands of Mr. Zardari. The public never looked at him as a respectable person of the society. Somehow, with the demise of his wife, he was able to take advantage of emotional Pakistani Public, who elected his party unprecedentedly and he who was the entitled as the MOST CORRUPT person of Pakistan, became the President (and after 18th amendment in the constitution), CEO of Pakistan. In recognition of his acts, the public noted him as "Mr. ten percent". Soon after he became the President, his popularity graph started to decline with a large slope but Mr. Zardari was not shaken by this. Although the guy is not very well qualified able to make a plea to prolong the leadership of his party over the country for seemingly an indefinite/ infinite period of time. This shows that sharp minds do not need any formal education. Now Zardari wants to regain his political popularity by once again taking advantage of innocence of Pakistani public by launching his son. Sooooo at last, another Bhutto, Bilawal  Bhutto is going to rule us. This all didnt start just a few days ago. The planning was made long ago just at the next day of death of B-Bhutto (his wife). He had launched his son right at the same day by changing his name from "Bilawal Zardari" to "Bilawal Bhutto Zardari". Here comes another version of a Bhutto who is not really a Bhutto but a transformed version just in lust of money, in desire of wealth, in long of endless power and what not. Interestingly, this version BZ-Bhutto is a good combinition of two elder Bhuttos i.e., Z-Bhutto(Zulfiqar one) and B-Bhutto (Benazir). In would be interesting to see another Bhutto, F-Bhutto (Ms. Fatima Bhutto, cousin of BZ-Bhutto) using her lucid writing skills to bring a bad name to her Aunt, B-Bhutto in front of whole world.

I would acknowledge here that Pakistani Public is not ready to accept another abc-Bhutto-xyz or any Shareef but once again the emotions will win over rationale; we will loose- they will win, we will be deprived-they will remain blessed, we will be suffering from natural/ man made disasters and they will remain ostentacious and with time, this gap will become wider and wider. The nation will never stand up, they will never recognize their rights. This is what I can predict seeing the Emotional Mindset of our Nation. We will never get out of this Vicious Cycle.