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 problem right now, which I've been pointing out very bluntly to American officials in Washington, is that the U.S. has no economic presence in Afghanistan. The Afghans can't point and say, "Oh, the Americans built that road. They built that telecommunications facility. They built that electricity powerhouse," because nothing has been built so far.

The Soviets held to the tradition of colonialism. They raped the country and killed many people. But they also built dams, electrical power plants, streets, and technical schools. They were communists and had the same vision for Afghanistan that Stalin and Lenin had for the Soviet Union: Progress is communism plus electrification. And today? Today Kabul gets its electrical power from Uzbekistan, Herat from Iran and Jalalabad from Pakistan.

Pashtun nationalism is reasserting itself. Its political history spans several hundred years. The Pashtuns are angry at the Americans because, one, they're still being bombed, and two, they perceive that the Americans are backing the Tajik faction, which controls the army and security forces in Kabul.

We should remember that the Pashtuns are the largest ethnic group in Afghanistan. Of course, many of them did support the Taliban. But you cannot equate all Pashtuns with the Taliban.

[Mullah Omar] gave himself this religious title. So it was something that all those people there who swore an oath of loyalty to him as a religious leader could not easily get rid of.

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.