There's a sense of desperation in Afghanistan because of the lack of funding and the fact that the U.S. only has a one-track military strategy. It doesn't have an economic and political game plan.

The biggest mistake Barack Obama could have made is to change quite a few things in his Afghanistan policy. He increased the number of troops and at the same time set the US withdrawal date to 2014. Now the United States has to ensure that Afghanistan does not immediately collapse after being left to itself in 2014.

There is no way the Americans are going to be able to carry out a full scale war against Iraq and at the same time maintain the same kind of pressure on the Al Qaeda network in countries as diverse as Indonesia, Philippines, and Pakistan, as well as in Europe.

I am confident that there are hedge funds, banks or investment companies that could allocate five percent of their portfolios for risky investments. In any event, for countries like Afghanistan the formation of an entrepreneurial class is of vital importance.

If Afghan soldiers continue to kill American soldiers as is happening these days, it can hardly be assumed that they will stay in Afghanistan in the long term. And what role are they to play? There will not be enough soldiers to ensure the security of the country. But will the US still be permitted to kill terrorists in Afghanistan and Pakistan with un-manned drones? That could worsen the situation in the neighboring states and they could view Afghanistan as a threat.

Some Pakistanis fought for the Taliban. Pakistani extremist groups provided infrastructural support to Al Qaeda. There was a coming and going of Al Qaeda militants and leaders between Afghanistan and Pakistan for several years. All that has really happened is that Al Qaeda has escaped from Afghanistan come into Pakistan, got in touch with their contacts and friends in these extremist groups, which then provided them with safe houses, cars, and not just in the border areas but also in the cities. Rooting out Al Qaeda in Pakistan now is where the main battle is being fought.

The Pashtuns feel discriminated against by the Americans because they supported the Taliban and the war is still going on in their region with continued U.S. bombing. They are also disgruntled at the overwhelming power of their ethnic rivals the Tajiks, who dominate the security forces in Kabul and control the key levers of political power. Although Karzai is a Pashtun also, many Pashtuns consider him a hostage to the Tajiks and Americans.