Mubarak Gone . . .
This is already old news, but here is a quick round up of Egypt headlines:
• Al Jazeera English: Live Stream
• Egypt’s joy as Mubarak quits (Guardian)
• Mubarak Resigns, Delegates Affairs to Army (WSJ)
• Why Mubarak is Out (Ratigan)
• Egypt’s Mubarak Resigns, Hands Power to Military (Bloomberg)
• Mubarak Steps Down, Ceding Power to Military (NYT)
• Mubarak resigns, army to suspend parliament (USA Today)
• World reacts as Mubarak steps down (Al Jazeera)
• Mubarak resignation creates vacuum for U.S. in Mideast (Washington Post)
• U.S. officials welcome Mubarak resignation (CNN)
• Mubarak resigns; hands power to military (Washington Post)
• After three decades of rule, Mubarak will be remembered for how it ended (Washington Post)
• Egypt live updates: Mubarak steps down (Washington Post blog)
• Mubarak Steps Down, Says Vice President (WSJ Video)
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February 11th, 2011 at 12:38 pm
I wonder how many other authoritarian regimes will be forced out by the Fed? Government’s around the world better start subsidizing food and eliminating town squares pronto!
February 11th, 2011 at 12:43 pm
Funny, the Iranians rioted in the streets before the Fed ‘s QEII, as did the Indonesians, the Eastern Europeans, etc… etc…
Mubark, “Cheney’s friend,” gone.
http://news.yahoo.com/s/afp/20110206/pl_afp/egyptpoliticsunrestuscheney
February 11th, 2011 at 12:51 pm
With friends like Obama, who needs enemies?
Bring on the Muslim Brotherhood and the Islamists.
February 11th, 2011 at 12:57 pm
From reading the news my sense is that the United States gov’t is failing to properly recognize what’s going on. Is this about “Democracy” or “feeding one’s family and having a good job”. The rhetoric out of Washington is mostly speaking about Democracy, but I think this is more about the latter. People revolt first and foremost when they can’t sustain themselves.
I can only imagine the diplomatic behind the scnenes discussions going on these last several days, and the fear our allies in the region are experiencing. There’s a genuine concern about future regional instabilitybeing unleased and whether America can be counted on as a partner.
February 11th, 2011 at 12:58 pm
http://search.yippy.com/search?input-form=clusty-simple&v%3Asources=webplus&v%3Aproject=clusty&query=Suleiman+CIA+Puppet
http://search.yippy.com/search?input-form=clusty-simple&v%3Asources=webplus&v%3Aproject=clusty&query=Pistole+DHS+trained+Egypt%27s+SSIS
http://search.yippy.com/search?input-form=clusty-simple&v%3Asources=webplus&v%3Aproject=clusty&query=DHS+Stasi+Primakov+KGB
seems like there’s, still, some work left to do..
February 11th, 2011 at 1:05 pm
I guess the angry mobs got what they want. And I think our State Department paid close attention and may have made a “note to self” about our own instabilities.
Still, I wonder if Mubarek’s leaving will stop the demonstrations? Seems like the people of this part of the world just enjoy the opportunity to loot and pillage. And I’ve got close friends here in Birmingham with ties to Egypt.
February 11th, 2011 at 1:23 pm
Our instabilities?
The well fed sheeple are nearly 3 centuries past a revolution
February 11th, 2011 at 1:31 pm
“Met the new boss, same as the old boss”
If the military is the decider for Egyptian politics and they were OK with the House of Hosni for 30 years then the new boss could be like the old boss, just a lot younger and filled with piss and vinegar.
Israel will never get a better deal than they had with Hosni.
I wonder if Hosni will have to flee the country? Does he go to another arab country or London, Monte Carlo etc? He’s an old man and without military support he is permanently retired from politics.
February 11th, 2011 at 1:44 pm
Nick Kristof, who has been in Egypt during all this: Avoiding a New Pharaoh –
http://kristof.blogs.nytimes.com/2011/02/11/avoiding-a-new-pharaoh/
February 11th, 2011 at 2:02 pm
i don’t think anything has really changed yet. media is saying that the military is now in control, but one could argue that they have been really in control since the days of nassar and sadat. the figurehead has moved on, and they are deciding which new figurehead will still allow them to keep power and appease the masses. i don’t think our state department/intelligence/administration has much of a clue as to how to deal with this. i think it may be more instructive to watch how iran and the saudis react over the next days. if the saudis approve and the iranians are disappointed, then things really haven’t changed much.
http://www.nationalreview.com/corner/259572/egypt-what-next-michael-rubin
February 11th, 2011 at 2:03 pm
Won’t Get Fooled Again –
http://www.youtube.com/watch?v=Ll-bxodxjts&feature=fvst
February 11th, 2011 at 2:04 pm
Mubarak resignation creates vacuum for U.S. in Mideast
A vacuum? That really sucks
February 11th, 2011 at 2:07 pm
Arab dictators are nervous now.
February 11th, 2011 at 2:07 pm
You gotta love the markets. It’s just like 2006:
Revolution Starts in Egypt: No Market Reaction
Revolution Ends in Egypt: Great News! Big Celebration!
February 11th, 2011 at 2:11 pm
I don’t know anything about Egyptian politics.
But, if I’m reading this right, The Muslim Brotherhood just ousted a dictator,who was friendly to the US and Israel and for the most part did well to establish and maintain peace, 9 months ahead of a democratic election over food prices and with the US/World’s backing .
Is this a good development? I mean, why didn’t Obama demand Mubarak out … in 9 months through an open and informed election with multiple candidates? Isn’t that what democratic order is all about? A transition of change through popular vote? Instead we have once city in Egypt see mass protests and next thing is a President resignation and some new dictator will likely emerge to steal the election 9 months from now?
So if 5 million Tea Partiers descend on DC and demand Obama get out, he should just walk?
It should be interesting to see if The Muslim Brotherhood now has some momentum to overthrow other governments. I wonder if open democracies in the Middle East will be like America where Corporations run the show or if they will stay true to their democratic roots and just try to start wars with Israel.
Call me cynical.
February 11th, 2011 at 2:19 pm
james clapper, head of DNI, testified to congress that he felt that the Muslim Brotherhood was a largely secular organization and eshewed violence. he later ‘clarified’ those remarks, but that – and the fact that he was asked to comment in a television interview about the december london bomb threats that had occured that morning, and knew nothing about it – makes me a little concerned about our intelligence.
http://www.politico.com/blogs/joshgerstein/0211/DNI_Clapper_Egypts_Muslim_Brotherhood_largely_secular.html
February 11th, 2011 at 2:22 pm
Does Fox News’ Rupert Murdock want to leave the march to freedom to community organizers and college professors? Judge for yourself, this is from his business tabloid, the WSJ, today…
How to Handle Employee Activism: Google Tiptoes Around Cairo’s Hero
http://online.wsj.com/article/SB10001424052748704132204576136323073589858.html
1) “…As the world marveled this week at the remarkable story of Wael Ghonim, the Google manager who helped organize a popular rebellion in Egypt, a great sigh of relief could be heard rising from much of the rest of American business: “I’m glad,” came the exhale, “the guy doesn’t work for us.”
…who said this? It’s in quotations. What business person wouldn’t be proud to employ Wael Ghosin?
2) “…A lot of U.S. companies, which now manage millions of employees abroad, watched with trepidation.”
…Really? Which companies? Again, no quotes. Just typical made-up Fox News nonsense.
3)”…Reflecting on Mr. Ghonim’s extracurricular activities, an executive at one big U.S. manufacturer operating abroad was adamant: “Anything that affects the brand – we hate that,” he said. “It wouldn’t be allowed.”
…Really? Oh really? Please tell us who said that. Wouldn’t this made-up person have more trepidation being quoted for saying that in the Wall Street Journal, than for employing Mr. Ghosin?
Finally, so while Google pulls out of China, Rupert Murdock kowtows to them. ..
http://www.newser.com/story/3524/murdoch-kowtows-to-china.html
http://www.slate.com/id/2167031/
http://www.salon.com/technology/how_the_world_works/2008/01/31/murdoch_in_china
…You can nod mindlessly at everything you hear on Fox or read in the WSJ and believe businessmen have no place in the quest for freedom. I do not.
February 11th, 2011 at 2:22 pm
So what’s the difference between Egypt and Iran?
In Iran they blow away enough of the protesters that they get scared and go home.
So why doesn’t this happen in some of the other African dictatorships?
Same reason as in Iran. Except in may of these places they use machetes instead of guns.
So instead of blowing them away they chop them to pieces.
So how bad is the Egyptian Army?
No nearly so bad as a lot of them.
So could this have worked in Iraq?
If it’s true the Iraqi Army was offering to be bought… probably.
February 11th, 2011 at 2:27 pm
Those of you who think the Muslim Brotherhood did this…yes, you don’t know anything about Egyptian politics, so be quiet.
“It should be interesting to see if The Muslim Brotherhood now has some momentum to overthrow other governments.”
Not really all that interesting, as the Brotherhood is very very very weak in other countries. Other dictators could be in trouble, but it won’t be from the Brotherhood.
“i don’t think anything has really changed yet. media is saying that the military is now in control…”
Of course, nothing has really changed. It’s a couple hours into changing an entire government. Talk about complicated. It will take some time.
“If the military is the decider for Egyptian politics and they were OK with the House of Hosni for 30 years then the new boss could be like the old boss, just a lot younger and filled with piss and vinegar.”
It is unlikely the military retains power. Most of the information points to the military being a transition government.
February 11th, 2011 at 2:32 pm
How not to say stupid stuff about Egypt –
http://open.salon.com/blog/stellaa/2011/01/31/a_guide_how_not_to_say_stupid_stuff_about_egypt
February 11th, 2011 at 2:33 pm
In the last two thousand years Egypt has had four years of democracy.
February 11th, 2011 at 2:42 pm
“The well fed sheeple are nearly 3 centuries past a revolution” .. ok its been an hour I’ll take the bait :-o glomp
WSJ by an Australian .. NYSE by the Germans .. a plant nearby by Italians .. another plant near but farther by the Indians
MA Rothchild “Give me control of a nation’s money and I care not who makes the laws.”
http://en.wikipedia.org/wiki/American_Revolutionary_War
= just the Revolutionary Battle
February 11th, 2011 at 2:59 pm
Mubarak stepped down on the anniversary of 1979 Iranian revolution.
February 11th, 2011 at 3:05 pm
@Chad
“Those of you who think the Muslim Brotherhood did this…yes, you don’t know anything about Egyptian politics, so be quiet.”
Please direct your professorial condescending statements to the information outlets giving us the cause of Egyptian revolution as A) food prices, B) the internet is down, C) The Muslim Brotherhood/ other dissident and/or revolutionary groups, and D) that guy from google.
Thanks. I just want to be informed too.
February 11th, 2011 at 3:07 pm
Yeah, Greg0658, I get what Mr. Ritholtz is saying. No doubt about it, I don’t know what it would take to get Americans off their asses and demand some accountability, but we’ve done pretty well by removing people from office by election, so that’s a better alternative than blowing stuff up and turning over cop cars.
Let one or two more large US cities devolve into what Detroit has become, and parts of other large cities, and you’ll see rioting. It won’t be for democracy, but rather, the latest Apple igadget…..
February 11th, 2011 at 3:18 pm
Isn’t Mubarak’s departure all about unrestricted access to information, as much as it might be about youth and the recent protests? The protests could not have succeeded without access to up-to-date information. Social media have shown that when information is freely available, there’s usually enough to clear out disinformation. Wikipedia is a good example of that.
If, in its new constitution, Egypt can make unrestricted access to information a basic right, then media manipulation will clear up, eventually, as will attendant misuse of power. This will surely will help ensure Egypt’s journey to a government that actually represents its people and is responsive to them.
February 11th, 2011 at 3:31 pm
You are welcome. Fox, CNN, etc. only give you the very basic info. You can’t rely on them for real in depth information.
February 11th, 2011 at 3:37 pm
but we can rely on you right Chad? For the “in depth” stuff ? Man, I’m glad your around . . .
February 11th, 2011 at 3:40 pm
Thanks, man. I really appreciate it.
February 11th, 2011 at 3:57 pm
Ratigan’s piece was excellent. Thank you for the link.
February 11th, 2011 at 4:06 pm
had a flash back to the movie “the candidate.”
‘so, what do we do now?’
February 11th, 2011 at 4:20 pm
ashpelham2 @ 3:07pm .. agreed on peaceful plans needed in advance of despair .. on Mubarak’s departure – and the OT discussion – it seems the Egytians want/need a similar change in the FMCitBPtP – the forces of capitalsim gravity – best wishes to ALL
February 11th, 2011 at 5:14 pm
Some of the messages in this thread are the best evidence that we need Al Jazeera on US cable. I see that many have been watching the AIPAC channel.
“loot and pillage”? You had tens to hundreds of thousands out over the past two weeks and millions today out in the street and no violence by the demonstrators. The only violence in the past two weeks was from the police and the thugs sent out by the gubment. It makes me proud that our Revolution was quicker and non-violent.
It’s too early to see how things will shake out but it’s very easy to envision a Turkish style parliamentary democracy with the army in the wings standing for stability.
February 11th, 2011 at 5:33 pm
@Mike
While I don’t really care who rules Egypt, I do have to point out that the Islamists have slowly disassembled the Turkish Army, which no longer serves as a check on their power.
I think it’s hilarious, btw, that people on both the left and the right apparently learned nothing over the last 10 yrs. Wingnuts were demanding that the US bomb Cairo to keep Mubarak in power, and lefties were demanding that the US bomb Cairo to help “the people.” Har!
Finally, anyone see The Mummy?
Im-ho-tep. Im-ho-tep. Im-ho-tep. Im-ho-tep.
February 11th, 2011 at 6:40 pm
To Mike in Nola
Your statement is so true!
February 11th, 2011 at 7:14 pm
And, franklin411 backs up my previous comments.
February 11th, 2011 at 7:18 pm
f411:
You are correct. Didn’t mean to imply that anything was permanent, but the Turkish army had a pretty long run. And no analogy is exact, e.g. the Egyptian army is also a business institution with a somewhat different role. Don’t expect Egypt to be as secular as Turkey; no Attaturks floating around. So there won’t be things like the veil issue to galvanize Islamists, as long as Israel doesn’t act too stupidly wrt the Palestinians. But, even that is not really a religious issue; more an Arab nationalist one that is used by the Islamists.
February 11th, 2011 at 7:20 pm
What I really want to know is whether Boehner teared up. Seeing that large of a joyous and nonviolent crowd after 30 years of repression is moving.
February 11th, 2011 at 10:21 pm
Government Overthrow.
No handguns.
No Second Amendments Rights.
February 12th, 2011 at 1:29 am
People around the ME would probably be better off revolting at the same time, so that the US foreign policy apparatchiks can’t keep up with the news flow.
February 12th, 2011 at 2:44 am
“Overthrow” .. we’ll see – more like a military directive to offer the olive branch for the doves to land on and go home – return to business like you know you’all have to – and we’ll all try harder (at something)
February 12th, 2011 at 8:39 am
Swag, Rock the Casbah by the Clash has been timely for 30 years. Military imposed democracy is an oxymoron.Everybody was happy when Batista left too.
http://www.youtube.com/watch?v=bJ9r8LMU9bQ
February 12th, 2011 at 9:12 am
uhmm – rktbrkr knew the tune but thats a video in the Mtv (music video days) remember’g the preMiscTV days .. that rock’n'roll was a religion at 1 time
February 13th, 2011 at 2:44 pm
How about getting Mubarak’s $billions back from the banksters to feed the Egyptian people? Anyone proposing to do that and hold up this schmuck for what he stole?