Mubarak Resigns, Hands Power to Military Government
by ilene - February 11th, 2011 3:55 pm
Courtesy of Jesse’s Cafe Americain
Certainly well received by the crowds in the Cairo square, and of course the US equity market.
Mubarak Resigns as Egyptian President, Hands Power to Military
But the real work of reform is yet to come. This victory is perhaps more symbolic than substantial. Vice President Omar Suleiman is waiting in the wings, and the alternative is rule by the military. As the Americans and English recently learned, one can throw out the scoundrels, but another version creeps in, if the overall climate of corruption remains intact.
The first step is to realize that one is not free. This is not always so simple given some of the subtleties of modern tyranny. The next step is to be willing to do something about it, to peacefully stand for change, and demand freedom and reform.
Many other people can take this lesson from this. And they will. This is the forecast set out here for several years, and it all seems to be coming to pass, but slowly.
The spirit of Indignez-vous may provide an unsettling summer in Europe. Change is in the wind, but it is not always predictable and constructive. It moves like a force of nature-- sometimes a life giving rain, but at other times a tsunami.
Are you old enough to remember the euphoria surrounding the liberation of Paris? Most likely not, but perhaps the more recent collapse of the Wall in Berlin? Tonight reminds me of those times when hearts sang.
But one must also consider, in this latest turn of the drama between the will to power and the spirit, what is the empire that crumbles? And behind the scenes, who plays Gorbachev, and what overweening power does he serve?
I wish the Egyptian people well in their coming efforts and difficulties. Now the real work begins. For freedom is not an achievement, or even a destination, but a way of life.
Although for tonight, a celebration.
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Mubarak’s Acts of Cowardice; Obama Calls Mubarak for 30-Minutes; Cell Service, Internet Total Shutdown; Anarchy in Cairo; How Long can Mubarak Last?
by ilene - January 29th, 2011 3:04 pm
Courtesy of Mish
The situation in Egypt has gone from bad to worse. Cairo is in a state of near-anarchy and Egyptian President Hosni Mubarak’s cowardly disruptions to the internet and cell phones have made things worse.
Egyptian citizens unable to get news on the internet or cell phones have only one place to get it now, the street.
President Obama called Mubarak in a 30-minute phone call. Obama’s message was "Ultimately, the future of Egypt will be determined by the Egyptian people."
If that was a hint, Mubarak did not get it. Instead, Cairo is in flames as protesters have turned more defiant.
Mubarak Orders Crackdown, With Revolt Sweeping Egypt
The New York Times reports Mubarak Orders Crackdown, With Revolt Sweeping Egypt
With police stations and the governing party’s headquarters in flames, and much of this crucial Middle Eastern nation in open revolt, President Hosni Mubarak of Egypt deployed the nation’s military and imposed a near-total blackout on communications to save his authoritarian government of nearly 30 years.
Friday’s protests were the largest and most diverse yet, including young and old, women with Louis Vuitton bags and men in galabeyas, factory workers and film stars. All came surging out of mosques after midday prayers headed for Tahrir Square, and their clashes with the police left clouds of tear gas wafting through empty streets.
By nightfall, the protesters had burned down the ruling party’s headquarters in Cairo, and looters marched away with computers, briefcases and other equipment emblazoned with the party’s logo. Other groups assaulted the Interior Ministry and the state television headquarters, until after dark when the military occupied both buildings and regained control. At one point, the American Embassy came under attack.
Six Cairo police stations and several police cars were in flames, and stations in Suez and other cities were burning as well. Office equipment and police vehicles burned, and the police seemed to have retreated from Cairo’s main streets. Brigades of riot police officers deployed at mosques, bridges and intersections, and they battered the protesters with tear gas, water, rubber-coated bullets and, by day’s end, live ammunition.
Cairo in Near-Anarchy
The Washington Post reports Cairo in near-anarchy as protesters push to oust president
The Egyptian capital descended into near anarchy Friday night, as the government sent riot police, and then the army, to quell protests by tens of thousands of demonstrators determined to
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Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...
Ilene is editor and affiliate program
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