Congratulations to Nawaz Sharif on his resounding election victory.
Pakistan is a country where 60% of the population, over 100 million people, live on less than $2 per day.
And they elect a billionaire as their leader? Well of course; perhaps his money-spinning prowess will rub off on his countrymen, although it didn't do so on his last two kicks at the Prime Ministerial can.
According to Time Magazine, the country's woebegone electricity infrastructure is the number one issue on the minds of the voters. Sharif will fix the electricity troubles by privatizing the electrical grid.
Were I a betting man I would bet that Sharif, his party, party insiders and assorted cronies will do well out of the privatization. I would also bet that after they do well the $2 a day folks will have pretty much the same luck with their electrical supply as they have today.
The Time article leaves out a couple of salient facts about Mr. Sharif's track record. He was a prime mover in the nuclear weaponization of Pakistan; and he spent his exile in Saudi Arabia, spiritual home of the Taliban.
Overall, it's quite an eclectic CV he's got there.
Billionaire Taliban sympathizer with access to nuclear weapons.
But maybe that's just what Pakistan needs!
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