Just ran into a student of mine in the PDC (Pepsi Dining Center) at LUMS. He has joined the MBA program here. It was good to see him after a long time. He worked at a software development company in Karachi for two years after his graduation from NED University before joining LUMS. He was appreciating the very tough studies here and mentioning the nighters that he is doing. I agreed with him and said that while we did nighters at the end of the year at NED, here we do it throughout the year. It'll be good to have a familiar face from the past at LUMS.
Well, he said he'd change the city's fate. You gotta give credit to the man, he's done it in admirable time. He said he'd change it into Paris. Well, maybe he didnt exactly make it Paris, but Venice isnt too far from Paris, is it. You have to give him credit for that. I guess we should rename to something like I. I. Chundrigar Canal, or M. A. Jinnah River.
The other day, I was watching a program on TV which was addressing the concerns of overseas Pakistanis wanting to invest in real estate back home. Give me a break! As if the pseudo-investment from within wasnt enough to blow things out of proportion. Property prices have increased to at least 4 times what they were about five years ago. House rents have sky rocketed. Anyone renting a house is obviously a salaried class person. In my opinion seven or eight years ago, any salaried person renting a house could never hope to own a house. Now, it's even worse. I am seriously wondering if we'll be able to rent a house one or two years later. What the hell is this? I dont buy any such thing as investment in real estate. It's the most selfish thing I ever heard, which is benefiting one person and hurting millions of others. If it were investment in real estate in the form of hotels and stuff in the tourist districts, I'd understand, because that would give tourists better facilities and create employment. But no, I dont see people going that way. All they want to do is to buy a piece of land in a housing society somewhere, keep it till its price is three times its buying price (which, imho is at least six times what it reasonably should be), or erect a house and rent it out. No one cares! And how about the masoor key daal selling at Rs. 70 per kg. To my overseas friends who think the present regime is good: Yea, sure. If they'd only leave us able to live. We might not be able to sustain livelihood for more than two years if these trends continue. OK, so the price trends are the same everywhere in the world, there's a slum, but we're getting subsidies, and aid, and still not getting it. Our oil prices are decided based on international market prices even though we are sold oil at much lower rates. But who cares, right! Not until you find the chokehold too tight for you to breath. Await that moment, my countrymen. I can only pray that at that moment, we depart as less painfully as possible.
So the "in dependence" day is drawing close. I just cant get myself to be happy on this day. It pains me greatly to see the very plight of us. 59 years we've been banging our heads on the walls. At least we should've developed some civic sense, of which we have none. We have no sense of responsibility towards the country that we live in. Nothing but selfishness abounds. I wish someone would come up with a way to set things right quickly because there's very little time left.
So, our Federal Minister for privatization said to the press guys that following the detailed judgement of the supreme court, the Pakistan Steel Mills will be re-offered for privatization. He also said that whoever is found guilty in the misdeeds of doing a bad deal in the previously held privatization process of the same indsutry will be punished. It's funny that the same people who were happily claiming the privatization as their success will have to look for people responsible for a discovered failure in the same.
Forgot to upload a site image to explain what I am talking about, when I published this post originally. Here is a pictorial view. Well, I've got an excellent business idea. I cant put it in action since I am not in Karachi. But it's yours for free, if you are up for it. Thinking of the submerged underpass turned swimming pool is right there in Clifton, and the dockyard is nearby, one might as well run a submarine service to get people and their vehicles across the underpass. Dont like that? Here's another one. Suck out a little bit more of water (if the surrounding area could use some more, so that there is some head clearance in the underpass to operate a ferry. Operate a cruise across the damned thing. From that, you can go crazy about the opportunities and value added services. Here's another free idea, throw in a few fish as well, makes for a great cruise. There's money to be made here.
"It wasnt our fault. It wasnt the drainage problem. It wasnt rain water. It was a sewage line nearby that burst." The sewage line is someone else's problem. They probably beat the shit out of the person asking the question. Go figure!