The media has been awash with reports of President Pervez Musharraf’s impending resignation in the face of the current coalition government’s move to impeach him. Late last week, both the Wall Street Journal and New York Times had issued reports that Musharraf was going to resign within days, with the Wall Street Journal going as far as to say within “48 hours.” Those days came and passed and there was no resignation to be found.

We at the Insider Brief have refrained from chiming in on the issue because there has been far too much disinformation and sensationalism out there clouding the actual story and underlying events. As more information has become available to us, we will briefly try to make heads or tails of the situation in Islamabad.

Our sources report that anxiously waiting Pakistan-watchers can likely expect some major news on Monday. The last time our sources told us to expect “major news,” Musharraf shed his uniform; this time may be a little different. We’re hesitant to speculate that Musharraf will resign due to what we’ve been hearing. The level of leaks and “inside news” emerging from Pakistani and American papers alike is unprecedented – and for good reason. Sources further report that a thorough disinformation campaign is being carried out by Pakistani intelligence agencies (“lafafa” journalism anyone?).

We believe that the campaign may be an attempt to focus the attention of Pakistanis and foreign governments towards the prospect of Musharraf’s resignation, away from the idea that he may be planning something altogether different. Based off chatter we’ve picked up on, we believe that any alternate plans being chalked up by Musharraf and the establishment may relate to the repeal of the National Reconciliation Order (NRO) that absolved the likes of Asif Zardari and Nawaz Sharif of their sins, fabricated or otherwise.

Our rationale is based off the fact that Musharraf allowed for the return and political participation of the late Bhutto, and to some degree the Sharifs, with the understanding that they would play by the rules laid out by the establishment. By pursuing Musharraf’s impeachment, they crossed the line in the sand. Now if Musharraf must go, he will pursue mutually assured destruction, bringing the coalition government down with him.

Ultimately, even if Musharraf does go, it’s of little consequence. As president, his constitutional powers are largely ceremonial – for whatever the constitution’s worth.