Mubarak resigns, hands power to military ""In these grave circumstances that the country is passing through, President Hosni Mubarak has decided to leave his position as president of the republic," a grim-looking Suleiman said. "He has mandated the Armed Forces Supreme Council to run the state. God is our protector and succor.""
Egypt Crisis Puts Spotlight on Weakness in US: El-Erian "The US should consider the lack of a move into traditional US assets as "a warning that if we don't get our house in order we will no longer command the global standing" in currency and debt markets, El-Erian said.
"However, should the situation escalate and start spreading through the region, that could change.
""If we get widespread violence in the streets you will get a massive risk-off trade," El-Erian said. "You will see equities sold off, oil go up and you will see a Treasury rally."
Crisis Flummoxes White House "The White House is now squeezed between Arab and Israeli allies, who have complained that Mr. Obama was pushing Mr. Mubarak too hard to step down, and lawmakers who accuse the White House of not pushing hard enough. Now, the White House finds itself largely a bystander." Wall Street Journal.
Egypt Exposes Obama Doctrine Happy Talk "But the Obama Administration’s intelligence fumbling did not end there. Just 30 minutes after Panetta passed off CNN headlines as CIA intelligence, General Clapper created his own entire reality when he testified that Egypt’s Muslim Brotherhood is “largely secular.” This is, of course, completely false. In reality, the Muslim Brotherhood, founded in 1928, is the Middle East’s oldest and most influential Islamist movement."
The U.S.-Egyptian Breakup "The original sin was Sadat's separate peace with Israel, which Mubarak inherited and scrupulously upheld.
"From the perspective of many Egyptians, this arrangement hopelessly constrained Cairo's power while freeing Israel and the United States to pursue their regional interests unencumbered." Foreign Affairs magazine
Iran Uses Egyptian Turmoil to Push West "Saudi rulers may also have drawn certain conclusions from US President Barack Obama‘s treatment of Mubarak. King Abdullah is reported by our Persian Gulf sources as so enraged by what he sees as “Obama’s betrayal” of the Egyptian president – virtually giving him his marching orders – that the White House felt compelled to send a special personal envoy to the Saudi palace in Morocco this week to smooth his ruffled feathers and explain the game the administration has been playing in Cairo."
Egypt Crisis Puts Spotlight on Weakness in US: El-Erian "The US should consider the lack of a move into traditional US assets as "a warning that if we don't get our house in order we will no longer command the global standing" in currency and debt markets, El-Erian said.
"However, should the situation escalate and start spreading through the region, that could change.
""If we get widespread violence in the streets you will get a massive risk-off trade," El-Erian said. "You will see equities sold off, oil go up and you will see a Treasury rally."
Crisis Flummoxes White House "The White House is now squeezed between Arab and Israeli allies, who have complained that Mr. Obama was pushing Mr. Mubarak too hard to step down, and lawmakers who accuse the White House of not pushing hard enough. Now, the White House finds itself largely a bystander." Wall Street Journal.
Egypt Exposes Obama Doctrine Happy Talk "But the Obama Administration’s intelligence fumbling did not end there. Just 30 minutes after Panetta passed off CNN headlines as CIA intelligence, General Clapper created his own entire reality when he testified that Egypt’s Muslim Brotherhood is “largely secular.” This is, of course, completely false. In reality, the Muslim Brotherhood, founded in 1928, is the Middle East’s oldest and most influential Islamist movement."
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| http://townhall.com/cartoons/mikelester |
The U.S.-Egyptian Breakup "The original sin was Sadat's separate peace with Israel, which Mubarak inherited and scrupulously upheld.
"From the perspective of many Egyptians, this arrangement hopelessly constrained Cairo's power while freeing Israel and the United States to pursue their regional interests unencumbered." Foreign Affairs magazine
Iran Uses Egyptian Turmoil to Push West "Saudi rulers may also have drawn certain conclusions from US President Barack Obama‘s treatment of Mubarak. King Abdullah is reported by our Persian Gulf sources as so enraged by what he sees as “Obama’s betrayal” of the Egyptian president – virtually giving him his marching orders – that the White House felt compelled to send a special personal envoy to the Saudi palace in Morocco this week to smooth his ruffled feathers and explain the game the administration has been playing in Cairo."An Iranian super-plan to annex Sinai to Gaza for a radical Palestinian state. Emphasis added
Radical murderous states must love it when the US elects Democrats to our leadership.
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