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Farewell Benazir Bhutto

December 27th, 2007 at 09:35 pm

I am shocked. Benazir Bhutto, former prime minister of Pakistan, was assassinated and declared dead at 6:16 p.m. Pakistan time.

I am shocked and saddened by this event. Benazir Bhutto was a moderate Pakistani politician. She was a strong female leader in a part of the world beseiged with prejudice and persecution.

As she was a politician, I am quite sure that she was no saint. Nevertheless, she was a voice of moderation and reason in Pakistan, a place that cannot afford to lose its intelligent, semi-honest leaders.

While everything I write about on here does not have to tie in to personal finance, the assassination of Benazir Bhutto ties in as much as anything else. An unstable Pakistan equals a world market that is less stable than it could be. An unstable world economy directly affects me.

I am not shocked and saddened by the world economy at the moment, however. I am hurt that this has happened. I am sad that such hate and violence exist in the world that a leader like Bhutto is not safe to seek democratic election.

This is a loss to Pakistan. This is a loss to women. This is a loss to democracy. This is a loss to capitalism. This is a victory for terrorists and religious fanatics. God be with Bhutto.

Posted in Current World Events | 7 Comments »

7 Responses to “Farewell Benazir Bhutto”

  1. davera Says:
    December 27th, 2007 at 09:53 pm 1198792386
    1198792386

    I too, feel deep sorrow at the passing of this remarkable, courageous woman. It is shocking that simply standing in opposition to a ruling political party is grounds for murder in so many places in our world.

    Although our U.S. political system, especially our campaign financing, are far from perfect, the Americans among us are blessed to live in a land where the 5 freedoms of the First Amendment are guaranteed, and form the basis of a free country where we can daily enjoy the rights to life, liberty and the pursuit of our happiness (including economic self-sufficiency).

  2. davera Says:
    December 27th, 2007 at 09:53 pm 1198792436
    1198792436

    "Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances."

    --The First Amendment to the U.S. Constitution

  3. Broken Arrow Says:
    December 28th, 2007 at 03:10 am 1198811436
    1198811436

    Yes, it really is a sad chapter in Pakistani history, and I sincerely hope that it will galvanize the nation towards a better path in life. May her death not be in vain.

    On a separate related note, I'm a little bit surprised that the stock market would react so negatively to the news. I know some of it was already due to some negative forecasts, but still, I have to ask exactly what does her death have anything to do with our stock market?

  4. Englishteacher Says:
    December 28th, 2007 at 04:22 am 1198815739
    1198815739

    Her death impacts our stock market because it reflects instability. When politicians are being assassinated, even if it happens in Pakistan, it shows that the rule of law is being trampled. An unstable Pakistan is a Pakistan that may or may not be able to hold the line against fundamentalists and fanatics.

  5. Broken Arrow Says:
    December 28th, 2007 at 06:03 am 1198821829
    1198821829

    You're right, and yet, that is also exactly my contention. People are allowing their emotions to rule their financial decisions.

    If they would simply step back, take a deep breath, and look at it rationally, they would realize that a tragedy in Pakistan isn't going to change the bottom line of companies in other countries....

    Unless they have a direct investment stake in Pakistan, but even I would still question the need for the market as a whole to dip the way it did.

    But that's OK. That just means it's a good time to buy. Big Grin

  6. Nic Says:
    December 28th, 2007 at 12:20 pm 1198844428
    1198844428

    This is truly sad. She was one of the saner voices from that part of the world.

  7. debtfreeme Says:
    December 29th, 2007 at 12:05 am 1198886724
    1198886724

    i was shocked to hear about this today. It saddens me because she was the first woman of a post colonial muslim country to lead (or try to lead) with a moderate, educated voice and with a desire to shape a beter Pakistan and indeed a better muslim world.

    She will be missed greatly.

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