Word: mutuals
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...been a great year for many mutual fund investors. Standard & Poor's Equity Research reports that 165 equity mutual funds are up at least 47% through Oct. 31, or at least double the return...
...past, we too often defined our relationship with Pakistan narrowly. Those days are over. Moving forward, we are committed to a partnership with Pakistan that is built on a foundation of mutual interests, mutual respect and mutual trust. We will strengthen Pakistan's capacity to target those groups that threaten our countries, and have made it clear that we cannot tolerate a safe haven for terrorists whose location is known and whose intentions are clear. America is also providing substantial resources to support Pakistan's democracy and development. We are the largest international supporter for those Pakistanis displaced...
...suffering. We have no interest in occupying your country. We will support efforts by the Afghan government to open the door to those Taliban who abandon violence and respect the human rights of their fellow citizens. And we will seek a partnership with Afghanistan grounded in mutual respect - to isolate those who destroy, to strengthen those who build, to hasten the day when our troops will leave and to forge a lasting friendship in which America is your partner and never your patron...
...will have to use diplomacy, because no one nation can meet the challenges of an interconnected world acting alone. I have spent this year renewing our alliances and forging new partnerships. And we have forged a new beginning between America and the Muslim world - one that recognizes our mutual interest in breaking a cycle of conflict and that promises a future in which those who kill innocents are isolated by those who stand up for peace and prosperity and human dignity...
...world. But ask some Indian officials how the objectives are supposed to be achieved by a public sector that has not - let us put this charitably - always been known for its Prussian efficiency, and you will be told, in effect, "No problem." Past performance (as the prospectuses of mutual funds say) is no guarantee of future returns. Just because India's progress was for years strangled by red tape and corruption, there is no reason to think it always will be. Just because India's political system is noisy and disaggregated, with power dispersed between the central government and states...