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Santa Claus and the Easter Bunny should take a few pointers from the mutual-fund industry. All three are trying to pull off elaborate hoaxes. But while Santa and the bunny suffer the derision of eight year olds everywhere, actively-managed stock funds still have an ardent following among otherwise clear-thinking adults. This continued loyalty amazes me. Reams of statistics prove that most of the fund industry's stock pickers fail to beat the market.

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Donald Evans

All Moroccans are justifiably proud of the development of democratic institutions in Morocco.

Development, Hymns, Institutions, Justifiably, Morocco
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As President Bush has said on numerous occasions, it is the government's role to create the conditions, the friendly environment, that will attract capital.

Attract, Create, Environmental, Friendly, Government

None who has known the charity of wine, Its pity, the cool logic of its spell Will waver in his loyalty, or dwell In any heaven where the grape lacks a shrine.

Heaven, Known, Loyalty, Pity, Spell, Wine

Beauty in a woman is a moving thing, Yet sometimes just the patient lack of it Will pierce the heart to deeper poignancies, And, melting, draw a note of tenderness That not the fairest woman could evoke!

Beauty, Heart, Moving, Note, Pierce

When you poll all of the economists, uh, across America that I think are intellectually honest they would all, or maybe not all, but 95% of them 96% of them would say you know we really have got a powerful economy.

America, Honest, Intellectually, Powerful, Thinking

The U. S. views Morocco as an important friend, and we applaud your political and economic reforms that culminated with the recent parliamentary elections that were widely reported to have been conducted in a fair and open manner.

Important, Morocco, Political, Reported, Views
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