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Hosni Mubarak steps down

February 11, 2011 Comments off

Omar Suleiman said Mr Mubarak, who earlier left Cairo for Sharm el-Sheikh, has handed control to the military.

Car horns were heard around the capital in celebration following the announcement.

Crowds in Cairo’s Tahrir Square chanted: “The people have brought down the regime.”

“In these grave circumstances that the country is passing through, President Hosni Mubarak has decided to leave his position as president of the republic,” Mr Suleiman said. “He has mandated the Armed Forces Supreme Council to run the state. God is our protector and succor.”

Mohammed ElBaradei, one of Egypt’s key opposition leaders, said: Read more…

Hosni Mubarak gives authority to VP Omar Suleiman

February 10, 2011 Comments off

Egyptian Presidential Palace

On October 14, 1981 Muhammad Hosni Sayyid Mubarak assumed the Presidency of Egypt following the assassination of President Anwar El Sadat. He is the longest-serving Egyptian ruler since Muhammad Ali Pasha.  He announced today that he will not resign but will handover power to Vice President Omar Suleiman ,however, he will no longer run for office.

He quotes “Will work for a peaceful transition of power; says he wants honesty and transparency…I will not run for next presidential election; wants smooth transfer of power…Praises youth and sacrifices; says he will punish those responsible for attacks”

On Feb 4, 2011 there was a failed assassination attempt on Egypt’s vice president left two of his bodyguards dead.

Since January 25, 2011, for a total of 17 days, a popular uprising from the people of Egypt called for his resignation as president of Egypt due to corruptness and illegal activities that the government was associated with.  Because of inflation, many Egyptians are currently struggling to feed themselves as the country’s food crisis is beginning to spiral out of control utilizing anywhere between 40 to 60 percent of their wages going to food.

With this announcement brings many questions to mind. Who will lead Egypt?  What will the future of Egypt bring to the world?  How will this affect the relationship with Israel and the United States?  Is this just a preview of what is to come in other Middle East/ North Africa countries whom are in an eerily similar format?  What will happen with crude oil prices?  As of now all we can do is watch and see history unfold before our eyes.  September awaits…

Cables say Israel favours Suleiman

February 9, 2011 Comments off

Preference for Egypt’s new vice-president to succeed Mubarak disclosed by leaked documents obtained by WikiLeaks.

Mounting protests against Mubarak’s rule prompted the Egyptian leader to appoint Suleiman as vice-president [AFP]

Omar Suleiman, Egypt’s recently appointed vice-president, has long long seen by Israel as the favoured successor to Hosni Mubarak, the current president, according to a leaked diplomatic cable obtained by WikiLeaks, the whistleblower website, and published by the UK daily, The Telegraph.

The August 2008 cable said David Hacham, a senior adviser at the Israeli ministry of defence (MoD), told US officials the Israelis expected Suleiman, spelt Soliman in some cables, to take over.

“Hacham noted that the Israelis believe Soliman is likely to serve as at least an interim president if Mubarak dies or is incapacitated,” the cable sent from the US embassy in Tel Aviv said.

“We defer to Embassy Cairo for analysis of Egyptian succession scenarios, but there is no question that Israel is most comfortable with the prospect of Omar Soliman,” the memo cited US diplomats as saying.

The cable said Hacham was full of praise for Suleiman, even noting that Read more…

Egypt: What’s Really Happening? Listen to The Globalists

February 8, 2011 Comments off

Tony Cartalucci, Contributing Writer
Activist Post

A great debate is going on amongst honest commentators over what is actually happening in Egypt. The debate stems from the horribly inaccurate information being supplied by the globalist owned mainstream media. A superficial look at AlJazeera, BBC, and CNN reveals that even their concerted efforts to build up public opinion behind the protesters are inconsistent. There is no better example than AlJazeera’s 2 million man march, BBC’s 100’s of thousands man march, and CNN’s tens of thousands man march.

Accomplished historian and unparalleled researcher Dr. Webster Tarpley outright calls AlJazeera a British intelligence operation, noting that Hahrir Square had at best 50,000 protesters at the height of the “march of millions.” He attempts to point out that the protesters lack any pragmatic solutions amongst their demands.

The protesters’ demands indeed lack any pragmatic, technical solutions for the myriad of problems that face Egyptian society, but their demands do become very specific regarding the changes in the system they Read more…

American Warships Heading to Egypt

February 7, 2011 Comments off

Connecticut’s newspaper The Day noted on January 24th:

Connecticut National Guard Detachment 2, Company I, 185th Aviation Regiment of Groton has mobilized and will deploy to the Sinai Peninsula, Egypt, to support the Multinational Force and Observers.

The unit left Connecticut Jan. 15 for Fort Benning, Ga., for further training and validation. The unit operates C-23C Sherpa aircraft and has deployed three times in the last seven years in support of the conflicts in Iraq and Afghanistan.

The unit will provide an on-demand aviation asset to the Multinational Force and Observers commander to support its mission of supervising the security provisions of the Egypt/ Israel Peace Treaty.

Yesterday, the Los Angeles Times reported:

The Pentagon is moving U.S. warships and other military assets to make sure it is prepared in case evacuation of U.S. citizens from Egypt becomes necessary, officials said Friday.

The Kearsarge, an amphibious assault ship carrying 700 to 800 troops from the 26th Marine Expeditionary Unit, and the Ponce have arrived in the Red Sea, putting them off Egypt’s shores in case the situation worsens.

Pentagon officials emphasized that military intervention in Egypt was not being contemplated and that the warships were being moved only for contingency purposes in case evacuations became necessary.

In addition to the Marines, the Kearsarge normally carries around four dozen helicopters and harrier jets that would permit evacuations and other humanitarian operations, the officials said. More than 1,000 Marines from the Kearsarge were sent to Afghanistan last month on a temporary deployment, leaving roughly one-third still aboard, officials said.

The Kearsarge is an attack vessel.

As Wikipedia notes:

In carrying out her mission, Kearsarge not only transports and lands ashore troops, but also Read more…

Mubarak could be worth $40 billion to $70 billion

February 6, 2011 Comments off

Egyptian President Hosni Mubarak and his half-Welsh wife Suzanne

Embattled Egyptian President Hosni Mubarak could have amassed huge sums of money as much as 70 billion dollars during the decades that he has been a top official.

According to analysis by Middle East experts, Mubarak has taken much of the gains overseas and deposited much of his wealth in secret bank accounts in British and Swiss banks, The Guardian reported on Friday.

Observers say the Mubaraks have also invested in real estate in Read more…

Egypt is Just the Beginning for Gold’s Next Move

February 6, 2011 Comments off

Watching CNN, its easy to be lulled into the sense that the cute little third world African country that is home to Cleopatra, mummies and pyramids is having a little revolution to get rid of a tired old tyrant. That the old goat is putting up such resistance to the national message is to be expected, and might be forgiven. Unleashing bands of paid thugs under the guise of ‘supporters’ reveals true brutality and illuminates the character of the man, Hosni Mubarak – a sociopath.

This phenomenon, originated in Tunisia, a nation of 10 million, and now raging in Egypt, of 85 million has spread to Yemen, population 25 million and Jordan, population 6 million is no mere regional political shift: this is the beginning of America’s loss of control over the region.

That the democratic process even got a foothold in the tribal and historically despotically governed middle east is due to a series of historical power plays, and not so much to a nascent and organic inclination towards the idea of democracy. When oil emerged to become the most strategic substance on earth after the second world war, the United States, armed with the economic windfall from the war machine, set about toppling governments and seeding insurrection through the offices of the C.I.A., bolstering governments that were ‘incentivized’ to protect U.S. interests, and destroying those that were not.

Back then, before the light-sped connected world, the C.I.A. could operate with Read more…

Inflation Group Says U.S. Cities Will Be Like Egypt in Four Years

February 5, 2011 Comments off

The National Inflation Association has issued a chilling new advisory in which it warns that the inflationary time bomb being created by the policies of the Federal Reserve will lead to American cities experiencing similar chaos currently unfolding in Egypt by 2015.

Egyptian dictator Hosni Mubarak has been in power for three decades and in that time has managed to handle all manner of threats to the stability of his regime. But it was the huge unrest sparked by soaring food prices that finally led the Egyptian people to launch a revolution which is likely to see Mubarak forced out of office for good.

“Food inflation in Egypt has reached 20% and citizens in the nation already spend about 40% of their monthly expenditures on food. Americans for decades have been Read more…

Egypt VP Targeted in Assassination Attempt That Killed Two Bodyguards, Sources Tell Fox News

February 4, 2011 1 comment

An assassination attempt on the Egyptian vice president left two of his bodyguards dead, sources told Fox News Channel on Friday.

The unsuccessful attempt to kill Omar Suleiman reportedly came in the past couple of days as violent unrest rocked the capital Cairo.

White House press secretary Robert Gibbs would not comment on the matter when asked Friday.

Fox News Channel said it had not been able to independently confirm the story on the ground in Cairo.

Meantime, an AFP correspondent reported that gunshots erupted Friday for a few minutes at Cairo’s central Tahrir Square at the epicenter of protests against President Hosni Mubarak’s 30-year grip on power.

White House Press Secretary Robert Gibbs declined to address the assassination reports when asked by Fox News.

“I’m not going to … get into that question,” Gibbs said.

Categories: Egypt Tags: ,

Egypt’s economy draws parallels to US economy

February 4, 2011 Comments off