Kardar's resignation

A lot is being written and said in the media over the reported resignation of State Bank Governor, Shahid H Kardar.
It is, indeed, unfortunate that an eminent finance professional, a man of integrity and a well-meaning Pakistani, Shahid H. Kardar, instead of toeing the line of a wayward, corrupt, clueless and incompetent dispensation that does not understand even the basic principles of finance, economy and bent upon taking the country to the cleaners, instead of becoming a part of the rampant financial indiscipline, unleashed and being perpetrated by a bunch of money launderers, bank loan defaulters and white-collar criminals, decided to quit rather than succumb to their despicable and evil machinations.
According to media reports, the reasons for Kardar's resignation stemmed from the serious difference of opinion on key financial issues, he has had with those of Asif Zardari on matters such as the corruption via conduit of Benazir Income Support Programme, being floundered under Farzana Raja, truly an "Alice in (financial) Wonderland", (read statement of PPP's Jamshed Dasti reported in the print media of July 15, as an example), the ill-conceived Sindh Bank, offing of another mega banking disaster, horrendous scale of government borrowings, soaring administrative and non - productive expenditures and thus the list of financial misadventures goes on and on.
As all this financial and economic mayhem goes around, one is sad to see that the status of a passive, lame-duck, ineffective and subservient Finance Minister, Hafeez Shaikh, is reduced to that of a 'book-keeping' junior clerk, having no say in the matters of the ministry. It is time that Dr Shaikh showed that he too, is a man worth his salt and is guided by professional integrity as opposed to expediency!
What a pity that the complex financial matters of the near bankrupt country, Pakistan that require deft handling, prudent management, impeccable leadership and astute oversight, are being dictated by a mere 10th grader. The term, Discounted Cash Flow, (DCF), for Asif Zardari, means how to Depreciate Cash Flow into the coffers of the national exchequer via corrupt practices, printing of trillions of rupee currency notes and rampant inflation. The term ' Hurdle Rate " for him is, how to create hurdles in the way of implementation of financial discipline in fiscal matters. And finally, Return On Investment, (ROI), for him, are the bribes, extension of perks, privileges, favours and distribution of ministries to form coalitions with delinquent politicians and yesterdays' adversaries, in return and exchange for their loyalties to survive the next 2 years as the ruling junta!