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Egypt Riots Update: First Casualties Reported As Police Use Live Ammo Against Protesters
Update: Alshaheed reports that Egyptian police in Suez has opened fire live ammunition killing Mustafa Reda Mahmoud Abdelfattah, 20 years old
The last time a scene like this happened in Greece, Waddell and Reed sold some futures. This time around, nobody even cares. In the meantime, riot police has now escalated to firing tear gas at protesters, as the riots have metastasized to Alexandria, the Nile Delta, and the cities of Mansura, Tanta, Aswan and Assiut (not without Hillary Clinton voicing her opinion, who has called the Egyptian government stable). But the most notable update is that according to reports, Jamal Mubarak has left Cairo to London while Husni Mubarak is fending off tiger sharks at the Sharm el Shekh. Unclear how much Egyptian gold either may have absconded with.
h/t Scartaliano
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ALLAHU AKBAR!
angry mobs and rioting FTW
BTFDYFI
should be boosting oil and gold, but of course the fed is meeting so we'll have none of that.. reality will have to wait till next weeks commodities rally.
Let my people's bids flow!
MUST SEE VIDEO of an Egyptian protester stand up to a water cannon truck, ALONE, and getting blasted in the face!!!
Reminiscent of "tank man" in Tienanmen Sqaure! So inspiring!
http://fedupmontrealer.blogspot.com/2011/01/egypt-boiling-over.html
In the same link there is another video of a badly beaten police officer being carried to an ambulance
++++++
Thanks for the videos!
Twitter reports that Egyptian workers at Heathrow spotted Mubarak's wife arriving in London!
Plus videos of the protests at night and ruling party members burning their membership cards!
http://fedupmontrealer.blogspot.com/2011/01/egypt-boiling-over-at-night.html
Great link - thanks!
BUY THE F'ING DIPS YOU F'ING IDIOTS! BEnron WILL BUY UP THE STOCKS! WIN WIN!! ALWAYS WIN! EVERYONE RICH!
I laughed at how easy it was to translate YFI.
The ruling family probably went to London. They're financial-criminal "friendly" there.
Unlikely, I smell the CIA.
http://www.youtube.com/watch?v=tqX52K9fosU
http://www.youtube.com/watch?v=vp0_Bimjjlk
Egypt obviously wasn't pro-democracy enough for our exhalted leaders.
When the signs are in english, then the CIA is involved. . . these signs are in egyptian!
YOU'RE DOING A HECKUVA' JOB, BEN BERNANKE!
Seems telecommunications have been taken down in a primary square of Cairo. Can follow on twitter @monasosh
lock up the gold, bitchez
do we have any kinda reason for this riot?
Not really, just the price non-inflationary stuff like food and gas going through the roof.
As Timma and the other gay CNBC anchor, whose name I cannot recollect, said: "What inflation??"
Nary a word on the UK slipping into recession..? not even on ZH..
When was it out?
You are right. When was it out.
What I wonder though how little the FTSE was impacted by the news.
It was because of the snow, don't you know?
Because this is a global depression. Get the terms straight. :)
http://www.guardian.co.uk/business/2011/jan/25/uk-economy-shrunk-point-f...
Oh well thats 'old news' now...release date almost 4 hours ago sheesh!
Why lock up the gold? Only a FOOL would want it, as all around zerohedge the calls for its certain demise are rampant. Funny though when a govt falls, everyone seems to take off with the gold.
SDO, it is obvious you don't travel much with Royalty.
Gamal Mubarak would have taken stacks of FRN notes. But, as we all know, those are made of linen and can wrinkle easily. Since she's taking a unscheduled FLEE to London, she couldn't take her servants with her, so, who would iron all those notes once she arrived at her hotel? A deposed Royal cannot be seen spending wrinkled money, hence the GOLD, silly
got it - but still you cant eat it...correct? just asking to make sure, because you never know... perhaps, the new tungsteen type can be eatable
Ahh, this link will answer all of your Precious Metal eating questions:
http://www.straightdope.com/columns/read/1979/is-eating-gold-and-silver-...
So, all those people saying that "you can't eat gold" are wrong.
Of course, now the phrase "shitting bricks" will have a somewhat different meaning.
True enough, but they could have gotten around all that by simply dumping the gold for SPY futures! They should know they cant fight the FED and stocks only go up.
I saw in a short Reuters article that a lawyer immolated himself 1/18/2011 which kicked off the party.
http://www.reuters.com/article/idUSTRE70O4ZS20110125
I have strong doubts that state force is going to avert this one.
Is this bullish for Wheat?
Historically speaking, it's bullish for war with Israel. Egypt needs a distraction badly right now.
...This time around, nobody even cares..."
What happens in Egypt, Stays in Egypt?
Witty, no?
Witty and original indeed.
I like posting on me facebook page all of the different riots of the people against the various states out in the world. The facebook world thinks that these incidents only happen in third-world countries. Unfortunately, the facebook crowd doesn't realize the USA fits the shoe of a third-world country quite nicely.
How much more food and gas inflation is needed here in the US to get the people off of their asses?
No.
First, it'll take a lot more than a few protestors to unseat Mubarak, as important if perhaps not more important an ally than Saudi Arabia. The US will get involved before he's toppled. Militarily, if need be.
Second, if Egypt does somehow fall to the People, that's it. Secure the last of your provisions, lock the gate, and man your barricades. The Arab world will ignite spontaneously like a cloud of interstellar gas reaching critical mass, and what happens in Egypt will eventually happen in Las Vegas.
I am Chumbawamba.
It's always the domino you didn't expect to fall that takes down the entire stinking edifice.
Agree. And also consider Egypt to be potentially very significant.
Did you realize that Chumawamba is spelled Abmawamuhc backwards? Makes you think, doesn't it....
Wonka wash
not sure I'd go that far, but it would be interesting to see if Israel could resist the urge to meddle were such an eventuality to transpire.
Egypt is, however, the "moderate" regional ally with sufficient gravitas...and we have no ready replacement for them should they fall. Certainly there is the potential here for a cold war redux of 67-73 and Egypt's collapse if it occurs would certainly embolden the rest of the region to try to reprise.
Unrest is brewing out there the likes of which haven't been seen in quite awhile.
Fucking hell, we may well see Israel come in to help support Mubarak. What would he have to lose at that point? Everyone in the Arab world knows he's a petty dictator in service of the zionist cause. All they would be doing is putting blunt confirmation to the "conspiracy theory".
Jordan is next. Then, ultimately, Saudi Arabia and the rest of the Gulf states.
Remember the helicopter pulling the last Americans from the Vietnamese embassy?
I am Chumbawamba.
It was an apartment building inhabited by many high ranking CIA employees not an Embassy but the image is evocative. It will ultimately come down to the loyalty of the Egyptian Army. They could go either way.
1st, long time reader, great to see you posting.
You are Bang On, dead right sir.
This is NOT a sanctioned thing. No Color Revolution(Black Rev?).
Chum, you might enjoy the humor here about how Saudi Arabia goes down and what would happen in the US.
http://www.newcolonist.com/dim_ages.html
As you said, If Egypt goes, Katy Bar the Door.
if this occurs, there is wider war. The US would be forced to occupy KSA in order to preserve the petrodollar and the aggregate flow of crude. There's simply no way around this. In all likelihood, an invasion of Iran would ensue, Lebanon...Israel would have to mobilize into Jordan and probably would whack Syria just for spite.
Russia sits on its own oil; they would be rightly disconcerted and remember the times in which Egypt was a client State, but this is not that time.
Egypt has been the useful tool for peace treaties and Israel recognition since the 70s. Have been a sketchy gov't for some time...have not had quite the iron hand the House of Saud has and nowhere near the weaponry
Talk to people in the street in Cairo and if they talk they talk of Mubarak's repression, Sadat had nothing on Mubarak. The whole thing will go up because the Persians will help it go up..
Recall that several of Rumsfeld's "dead ender" irregular enemy forces, captured in Iraq, were sent to Egypt for proper "interrogation." Extracting information the old fashioned way...Since 1981.
This is a CIA operation, they have been stirring up the mediterranean region for a while now. They are on a roll after their Tunisian success, their friends over at wikileaks have done them a great service, thank you Cass Sunstien.
It's the colour revolutions all over again.
No, it's not. This is the real deal.
I guarantee you CIA is on the ground doing what they can to keep the throngs away from Mighty Mubarak.
Leave Arab politics to the experts, will ya?
I am Chumbawamba.
Now now chumba, stop playing with your food. :>)
I have left it to the expert, the leaders under fire have been trying to do away with "democracy" by leaving their countries to their families. This would be bad for the anglo-american empire because they decide who gets elected, it is much harder to exert influence over a monarch.
Webster Tarpley (Geopol) explains, 3:20 onwards deals with this issue. Remember this was recorded three days ago before Egypt was in the news.
http://www.youtube.com/watch?v=vp0_Bimjjlk
How much harder? Check Saudi Arabia. It took smuggled wishkey to influence the Saudi Monarch.
The colour revolutions were nice because they targetted tyrants who were friendly to Russia.
Tunisia and Egypt's tyrants are already in the pocket of Western interests.
Any change would be counterproductive.
And extremelly dangerous. Just think of a democratic government renegating on the Arabic tyrants economic deals.
Saudi Arabia must be forgotten. This tyranny is one of the best friends of the US. Any change could endanger the USD oil peg.
I think we'll be too late. But I agree that Egypt is absolutely pivotal.
Having recently listened to Webster Tarpley (1/22/11 broadcast, http://tarpley.net/world-crisis-radio/) he posits that this is fully planned by intelligence circles. It's worth listening to for all the nuanced arguments. Expect if Mubarak goes, that the next figurehead will be a dutiful US boot licker.
P.S. I always believe in padding my provisions, but I need a larger water storage.
Well Hilary deems it all quite stable, so it has to be!
lets see.......riots, inflation, bad news for the banks(jpm) and now taco bell not using real beef. i love it when a plan comes together. see you on the other side of hell uncle ben.
Mmm...anti-dusting agent. Dust-free tacos, bitchez!
industrialization ftw
Who in their right mind wants regular bread for their kids' sandwiches anyway?
When wheat gets pricey, cut it with sawdust.
If you have baked bread before, then you know you have to put some ingredient in there, right? Why not cellulose from sawdust? That is right...sawdust, bitchez!!!!
There is no inflation, right Liesman? That is because Sara Lee® Delightful™costs the same as regular bread! FTMFW!!!!!!!!!
http://www.saraleebread.com/our-bread/delightful/bread
If you don't kill it, grow it, grind it, bake it yourself, you are probably eating something you shouldn't be.
If you have baked bread before, then you know you have to put some ingredient in there, right? Why not cellulose from sawdust? That is right...sawdust, bitchez!!!!
That's what the Germans fed to my Uncle when he was their prisoner in '45.
http://wiki.answers.com/Q/What_is_Anti-Dusting_Agent
Priceless! However, I definitely don't want that in my taco.
I had to LOL for reals on that one!!! good stuff!
Mmm yummy!
Sweep up the crap on the floor, anti dusting takes care of the rest.
Anti-dusting agent = Pledge wood protectant
Once the world figures out the Bernank is to blame for the rampant inflation, their anger will turn to "guess who"? WWIII on the horizon.
The entire POMO Meltup is a ploy to secretly bailout the banksters with the commissions on the bond buybacks and to prop up the market to bailout underwater pension funds.
The "wealth effect" is bullshit....it's a double secret bailout.
You MEAN:
http://www.youtube.com/watch?v=Y0cF2piwjYQ
These countries can de peg and end their food inflation now.
But Keynes says that would be bad for exports.
http://www.reddawn2011.com/
Wolverines!!! Nice trailer.
Pay attention everyone. This is what it looks like when the refrigerator light goes on and the cockroaches scatter.
Looks like we have a little momentum going here. That's 2 ruling families in a week. At this rate, Obama should be packing his bags for Tanzania by mid March.
I wonder where they all go. I'm picturing something kind of like Narnia, but with more sex trafficking and fewer satyrs...
Let's hope they do like the dubai world islands and sink 6 feet below sea level.
Or maybe if enough of them gather on one side of a small island it will tip over.
Why, Saudi Arabia, of course. They practically have retirement villages for deposed dictators. Currently heavily populated by former African depots. They're making room for the new arrivals as we write.
I am Chumbawamba.
Flee, baby, flee....
I don't even think we have seen the worst of the rioting yet in these countries that are now smoldering. Once the police realize they are protecting their own masters things will heat up appropriately.
Yup. This started as an internet grass roots effort after Tunisia and Mubaric is heading for the hills after a few crowds in the streets. I think those in power feel the fragile grasp they have against the masses. Very interesting indeed! Wait till Ireland comes online next month
Where's Empress Theodora when you need her?
+1
Nika !
.......Wait till Ireland comes online next month.....
LOL!
It doesn't mean anything. Not yet anyway.
Nothing means anything until it means something.
All I'm saying is that the government isn't going to go down that easy. Not easy at all. They will spill the blood of thousands of civilians before they leave power.
It's sounding like they might just do that. What it will mean, depends on whether the rest of the world cares.
if they've actually left Cairo, this must be far worse than is being reported or else there is an antagonistic military element involved
Unknown Comic on the Gong show, I love it.
http://www.adnkronos.com/IGN/Aki/English/Security/Egypt-Presidents-son-a...
"US Secretary of State Hillary Clinton has said Mubarak's government is stable despite the demonstrations. Mubarak is an important US partner in the Middle East."
http://www.guardian.co.uk/global/blog/2011/jan/25/middleeast-tunisia
So no cheering from the US for a plebeian effort to shake the yoke of tyranny.
A long US tradition dating back from Haiti. Something like 200 years.
Good, good.
With the US, much better to be a friendly dictatorship than a independently thinking democracy.
Interesting developments. The potential descent into political maelstrom for the "stable" Egypt ?
Ah, the gracefulness of the black swan...
I wouldn't try to sneak too much gold out of the U.S., either.
http://www.shtfplan.com/precious-metals/mexican-authorities-seize-150-ounces-of-gold-from-us-citizen-headed-to-panama_01252011
Has this revolution been assigned a color yet? Maybe a flower?
I think Hillary is auditioning children now to get just the 'right look' for the 'Save Egypt with Our Boy's Lives' poster...
No it needs to be something young and trendy. The twitter revolution is taken, maybe the iPad revolution, companies can pay the CIA for advertising, the free market is a wonderful thing.
Has this revolution been assigned a color yet? Maybe a flower?
Color Revolutions are used to unseat those whom the US opposes. The US does not want Mubarak to fall. No color to this revolution -- it's all quite clear.
Kudos!
They still can't eat it!
Right! Fools, taking off with all the gold...dont they know its a 'bubble' and you cant eat it?
Does Egypt have any oil? Very little. Then we don't give a sh*t!
http://en.wikipedia.org/wiki/Petroleum_industry_in_Russia
Vladimir Putin used a Russian proverb to explain why he’s granting BP Plc access to 125,000 square kilometers (48,000 square miles) of Arctic water: the man who’s been beaten is worth two who haven’t.
The Russian prime minister is betting that BP has learned from the trauma of last year’s Gulf of Mexico oil spill and won’t repeat the same mistake. The Jan. 14 meeting with Chief Executive OfficerBob Dudley in a ceremonial room at Putin’s country retreat sealed an agreement to swap BP shares for a holding in OAO Rosneft, Russia’s largest oil producer.
The summit ended negotiations that started when Dudley’s ill-fated predecessor Tony Hayward visited Russia to seek support as the Gulf of Mexico oil spill threatened to destroy the London-based company. Talks gained pace after Dudley took the helm at the start of October, and over hundreds of meetings the agreement that puts BP at the center of Russian oil exploration took shape, people involved in the deal said.
“This gives us an important leg in Russia’s oil growth for the next decades,” said David Peattie, BP’s head of Russia. “It’s one of the last remaining very prospective basins of planet, one that a company the size of BP is able to bring a lot to. We have a track record of opening basins.”
The exchange of a 5 percent stake in BP for a 9.5 percent holding in Russia’s biggest oil producer is the first of its kind between a state-owned company and an international oil producer. BP and Rosneft will search for oil in the Kara Sea off Russia’s north coast.
http://www.bloomberg.com/news/2011-01-18/putin-proverb-seals-bp-arctic-oil-drilling-deal-after-hayward-wooed-russia.html
That deal was for the South Kara Sea with another of those "Barrels of Oil Equivalent" quotes that usually means (when it's miles and miles deep) that it's 95% natgas and 5% oil.
The over under says 1-2 billion barrels total of the good stuff recoverable, with extraction rate of MAYBE 100Kbpd.
This is hype, not substance.
I dont care about the deal, I was demonstrating that oil is in play and has been.. russia wants to supply the us which would cut into opec...
No oil, but a great location... for an Armageddon staging area.
bear and eagle in the valley?
sure..
energy is in play... thanks kgb / bp!
The Muslim Brotherhood will crush the riots ...
I'd pay money to see the Muslim Brotherhood crushed.....
And the Nazi/Ba'ath party needs a final beating.
I told you the hood' would crush the riots. Live Ammo has been sent to the front lines.
Ahhh...who cares about Egypt. UK posts bad numbers so...Gold down. Silver down. Commodities down. Treasury sales up. Inflation now abating!!!! Growth on the move. All is well soon.
Exactly. I keep the following link in my bookmarks to remind me that no matter what happens, Bernankes on it. Sort of like Marsellus Watson
http://www.zerohedge.com/article/here-comes-another-25-billion-excess-we...
May as well just call it $25 trillion weekly...wont make any difference at all.
oh my...how will i do my rituals in the Pyramid in 2012?
Seriously. Fucking bummer on that one...
Two words.
Private security.
Wear a tutu. If you're batshit crazy the egyptians will give you a little extra breathing room. That's how we got measurements.
Nothing will change in Egypt without a lot of blood being spilled.
Better do an acid test on the museum displays.
Wow, imagine what happens if they hike tuitions...
"The jet with Mubarak, his family and 97 (!) pieces of luggage on board left for London on Tuesday from an airport in western Cairo, according to the US-based Akhbar al-Arab."
http://www.adnkronos.com/IGN/Aki/English/Security/Egypt-Presidents-son-a...
The anti-government protests in Egypt broke out after opposition groups waged an internet campaign inspired by the Tunisian uprising.
Well if the Muslim Brotherhood get involved Israel is screwed. Anyway I am glad that the egyptian people are uniting to overthrow that police state. However what will replace the Mubarack regime? A military coup,civil war? Who knows but I bet Israel is sweating balls now because Mubarack was Israel's "ally." Also Hezbollah has power in Lebanon so Israel will do something stupid.....again. We should have listened to Washington when he warn not to get involved in wars and alliances.
.......... " Sunni-majority Saudi Arabia, the world's largest Arab country by land size and – as the world’s largest crude oil producer – one of the region's wealthiest nations, has also been (until now, secretly) a strong opponent to Iran’s growing nuclear capabilities. But according to a cable recording a conversation between Saudi Ambassador to the US Adel al-Jubair and a US diplomat, Saudi King Abdullah repeatedly urged the US to attack Iran. “He told you to cut the head off the snake,” al-Jubair told the diplomat – the snake, of course, being Iran. The cables also reveal a US plan to reduce Chinese energy dependence on Iran by increasing China's purchases of Saudi oil. " ..................
Everything is under control.
Oh yeah war with Iran will go so well! Just like the neo con saying "Anyone can go to Baghdad,but real men go to Tehran." Oh i am so excited that the House of Saud and israel want us to bomb Iran and have suffer tremendous casualties from Iran's proxies in Iraq,Kuwait,Baharain,Qatar,UAE. Oh joy more dead US soldiers dying for Saudi Arabia and Israel's agenda. Sarasm off.
Yep. Thats the downfall of being a superpower. You must take out the trash ... We could only take so many bombings at the world trade center before we did something about the growing extremism.
http://www.youtube.com/watch?v=QeKNhyhROm8
Egypt to Spain Via Morocco. That's the path of the riotovirus.
Someone up there said (I think Chumba) that the US will protect Egypt. Militarily even.
Maybe not. But you know who might gladly fill the shoes? Or the boots? Or better yet the jack-boots required?
Why the UN of course. Blue Helmets, we come in peace with a gun.
Fascinating to watch at a distance because India is similarly primed.
Dominoes!
ORI
http://aadivaahan.wordpress.com/2010/06/18/of-tipping-points-and-shape-s...
Have we had the water cannon video yet ?
http://www.youtube.com/watch?v=YtTUsqra-MU
Yeah; I bet they found his face a block away.
Ouch.
How much gold and silver did they leave with.....then I will know if they are serious or not...
Cool police uniforms with built in whiplash collars and ass kicking boots
.308 Bitchez!!!
+BDC reticle quick & easy
red dot , short range.
cqb or nothing, with apaches, a-10's you had better be in real fucking close... never mind 24/7 predators... fuck? did i say .308.. i meant stingers!
May we be cursed or blessed to live in interesting times. The end of history? Hahahahaha.
blessed!
Global Emperor Ben exporting political instability, inflation and chaos in return for temporary social stability here in America. Global wars have been started over considerably less. Eventual determination that this is the result of the banking cartels policy here in the U.S. & U.K. will result in the banning of U.S. business in their home nations.
And then we have war after the propaganda smears these nations. This is and has been the goal of the shadow CIA / Financiers who have gained the true power in this nation in secret since the coup on JFK.
Like Vietnam the goal is not to win the war but merely to promote instability and disruption in foreign nations so that we can consolidate power.
...on the theme of temporary social stability in US; what is the Achilles Heel---I think its the US multinationals. I am pretty much certain of that.
Indeed. This is roll call, all of the players have to be identified.
Will Us cops , shoot to kill? I submit to you, that it would be a extremely bad mistake for them to start that shit.
It depends.
Are you referring to the ones that still have jobs or the recently disenfranchised?
Because I think that in either case the answer is 'yes'.
Don't be so hard on the Bernank.
All of these nations who are dollar-pegged were taking advantage of the relentless growth of Z1 dollar credit over the decades by growing their own economies on the back of US debt.
they were all too happy to open factories and sell commodities and have money flowing and growth in wealth for themselves and all their cronies and even some for the common man.
This is the downside; credit isn't growing anymore, so the Bernank is having to print the growth. It's as simple as that.
Sure, let nations like China come unpegged and watch economic activity collapse. The system survives on increasing borrowing, always increasing. If you can't read that headline saying we need $100T increase in debt/credit to continue economic growth as we've known it and know what that MEANS in a deep sense, then you need to sit back and listen a bit.
The Bernank is doing what the private sector can no longer do.
The US choking themselves... Less and less inputs to support the US way of life. Could work for a Hollywood movie.
I love the smell of teargas in the morning.
Coffee's not too bad either....