What do we want to debate? Debate lies? :halo: His article is full of lies and shows his intellectual standing and people he is addressing. Obviously a clever person would not lie blatantly in newspaper than expect to be taken seriously 
I think only idiot would take a blatant liar seriously 
Don’t you think so?
Political failure … economic U-turn .. What a crap … seems this guy is on Hafeem (opium) :). He could not see political success and economical U-turn Pakistan experienced during last 8 years It shows that he is not only blind but one that also has no brain … and could not see obvious.
Problem is that such crappies do not think that others can think, hence they expose their idiocy openly in newspaper, expecting that ignorants that may by any chance read them would not see that they are writing lies and BS.
I won’t go into details as what he wrote is nothing but a collection of lies and tons of BSs and to comment on BS is taking an idiot seriously. I know that some propagandist would think that I am just trying to cover things up, but I am not. Even though all his post is lies, just for their sake, I would pin point such an obvious lie from his article that even an empty brain would see it (unless their brain is not just empty but there is something else in their brain).
Pakistan Steel Mill is not even privatized and this idiot thinks that it is privatized (unless I missed something) …
[Though if it would have got privatized, it would not have been cheaply, but still … it shows ‘S M Naseem’ mental state and knowledge that he thinks Pakistan Steel Mill got privatized :)]
Pakistan Telecommunications Corporation is cheaply privatized. What an idiotic statement as only idiot would think that PTCL was privatized cheaply :). Actually, Pakistan robbed Etisalat (UAE) selling them 26 percent shares in PTCL at for 2.6 billion dollars (shares that at time of privatisation was worth around half what Pakistan got, and today it is worth $800 million … or 30 percent of what Etisalat paid).
This is the privatization details of PTCL by this government (now let see how many people would consider that it was cheaply privatized):
When Musharraf government came to power (1999):
PTCL was trading at around Rs 15 (this was situation when Nawaz left).
When it was partly privatized in mid 2005 (26 percent shares of PTCL): PTCL share open market trading price = Rs 67 (that was hyped price before privatization)
Government reserve price was Rs 62 per share.
[At that time, PTCL needed investment and there was also lot of over staffing and corruption in the company. It was expected that new management would bring new investment and that would increase profitability and share price of the company, that in return would increase dividend and taxes to government plus increase share price would make government held share more valuable]
Three bidders made bid for 26 percent share:
Sing Tel (Hong Kong) that made a bid with price of Rs 52 per share
China Mobile (China) that made a bid with price of Rs 63 per share
**Etisalat (UAE) **made a bid with price of Rs 117 per share (compare to market price of Rs 67 and bid reserve price of Rs 62)
Etisalat won the bid.
[Funny thing is that after bid, Etisalat realized that they paid too much and wanted to not take up the company and was willing to lose their $40 million earnest money they deposited as requirement before bidding … instead of paying $2.6 billion ($2600 million) for 26 percent shares of PTCL.
Later government had to push Etisalat (and UAE government) to take over the company and pay the bid price of $2.60 billion for 26 percent share of PTCL]
Today: PTCL share can be bought in open market at Rs 38 per share.
If this idiot thinks that PTCL was sold cheaply, he should return Etisalat their $2.6 billion and take back all shares Etisalat holds. I am sure that Etisalat would be more than happy to return those shares even at half that price as the share they hold is worth 800 million dollars in open market or 30 percent what they paid.
Actually, all world at the time and even now thinks that Etisalat paid too much for PTCL .. except maybe this funny idiot :).
Etisalat invested a lot on PTCL and even than the company is a ‘White Elephant’ for Etisalat because of all consumers and workers safeguard Pakistan has imposed on Etisalat.