Hank Mubarak Pulls The Bankster M.A.D. Trump Card: "If I Leave, Egypt Will Collapse"

Tyler Durden's picture

Hosni "Hank" Mubarak sure is learning from the best criminals in the world.... Fast. Well over two years after Hank Paulson told Congress that the world would end unless he was given unlimited power to give the banks however much money the needed, Egypt's despotic president has done exactly the same, and in an interview with ABC's Christiane Amanpour, "said he's fed up with being president and would like to leave office
now, but cannot, he says, for fear that the country would sink into
." And there you have it: the same mutual assured destruction strategy used by bankster and by despotic tyrant alike. One wonders - is there really any difference between the two.

From Christiane Amanpour:

I've just left the presidential palace in Cairo where I met for about 30 minutes with president Mubarak. He told me that he is troubled by the violence we have seen in Tahrir Square over the last few days but that his government is not responsible for it. Instead, he blamed the Muslim Brotherhood, a banned political party here in Egypt. He said he's fed up with being president and would like to leave office now, but cannot, he says, for fear that the country would sink into chaos.

I asked President Mubarak about the violence that his supporters launched against the anti-government protestors in Liberation Square.

He told me, "I was very unhappy about yesterday. I do not want to see Egyptians fighting each other."

When I asked him what he thought seeing the people shouting insults about him and wanting him gone, he said, "I don't care what people say about me. Right now I care about my country, I care about Egypt."

I asked how he felt after giving the speech Monday night, saying he would not run for president again, he told me he felt relief.

For now, Mubarak remains in the presidential palace with his family, heavily guarded by armed troops, tanks and barbed wire. We were joined by his son Gamal, who was once widely considered to be his successor. Mubarak told me it was never his intention to have his son follow him into office.

And he pledged his loyalty to Egypt. I would never run away, he said, I will die on this soil. He also defended his legacy, recounting the many years he has spent leading his country.

While he described President Obama as a very good man, he wavered when I asked him if hour felt the U.S. had betrayed him. When I asked him how he responded to the United States' veiled calls for him to step aside sooner rather than later, he said he told President Obama "you don't understand the Egyptian culture and what would happen if I step down now."

I asked him how he himself was feeling. He said I am feeling strong. I would never run away. I will die on Egyptian soil.

We forget: did Hank Paulson also say he would die on US soil when he used the same rhetorical contraption in September 2008? Or does he have everyone's permission to do so in a non-extradition treaty country, next to his stash of gold and his private jet?

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NOTW777's picture

and on cue erin B supports him and with a smile says no democracy for those mid-east people

tickhound's picture

Took the words right out of my mouth... future headline "mubarak saves egypt from economic collapse"

NOTW777's picture

he knows better what the masses need just like ben

Thomas's picture

But unlike Hank, he supported pyramids rather than pyramid schemes.

Pure Evil's picture

Why do so many people think democracy is such a panecea to societal corruption. We have democracy and yet our government crooks are bigger and we have a lot more of them. Living in a democracy is like living in prison. Voting for your political leaders is like voting for which group of prison thugs will be raping you later that week.

Windemup's picture

He's lookin' for a bailout. A few billion in freshly minted fine paper ballots should do the trick.

Yen Cross's picture

Don't take it personally. Erin is against hunting camels in the outback.

jus_lite_reading's picture



PULL OUT THE M.A.D CARD BOYS! BEnron is about to do the same thing!

Michael's picture

Baghdad Bob had more credibility.

Ragnarok's picture

When do the Banks open in Egypt?  Fireworks baby!

Sudden Debt's picture

The real money is already being wired out at light speed.


Yen Cross's picture

Ther are reports of a borg starship hovering over Cairo.

cougar_w's picture

The phrase “Après moi, le déluge” (“After me, the deluge") is attributed to the King of France, Louis XV.

It is worth pointing out that these characters create these very situations. Flood, indeed.

DaveyJones's picture

they're all Louis XV now, with crappy economic policies that ultimately lead to revolution

cougar_w's picture

We've never really figured out how to kill kings. They have deep roots.

I think you have to kill the king, the king's entire family out to third cousins three times removed, everyone in the entourage, the king's advisors, the footmen from the coach, the town crier, and the hounds.

To start.

It turns out not to be worth it. I guess we'll always have kings. Though killing them all once in a while is certainly something to look forward to.

cosmictrainwreck's picture

you forgot all the wenches...oh, uh that's "entourage"

DaveyJones's picture

revolution, venting, catharsis...as long as I get this anger out

Big Ben's picture

King Louis was correct. The revolution lead to a deluge of blood in the streets. Lots of people, not just kings, were killed during the Reign of Terror by the "Committee of Public Safety". For example Lavoisier, the discoverer of oxygen was guillotined (for selling watered down tobacco). His lawyer told the tribunal: "You cannot execute this man. He is a great scholar!". To which the judge replied: "The Revolution has no need for scholars.".

Napoleon emerged later in the revolution and his wars spread death and carnage throughout Europe. (Not to mention all of the French soldiers who froze to death in Russia.) I cannot understand why the French continue to celebrate Bastille Day. To me, it seems that France and the rest of the world would probably be a lot better off if the French Revolution had never happened. (Of course, the USA did receive some benefit from the Louisiana Purchase, which Napolean consented to in order to finance his European wars.)

Rather than killing kings, it seems much better to do as the British did and simply marginalize them slowly over time.

dizzyfingers's picture

"ultimately lead to revolution"

Cannot possibly happen fast enough in US.

Don Birnam's picture

Hosni can ride out with his camel cavalry/Plainclothes Praetorian Guard. Would that the Opposition is successful in driving out this pharaoh wanna-be.

dizzyfingers's picture

The son Gamal will be a problem. The name, and his father has groomed him for "next".

Ned Zeppelin's picture

It's not just a coincidence that his name rhymes with "camel"?

Cognitive Dissonance's picture

That's the signal to release the dogs of civil war upon the civilian population.

Now that he has made the statement that chaos is around the corner if he leaves, he will need to show through covert false flag attacks via plainclothes police and Army how bad it gets while he's there to "maintain control".

Self fulfilling phrophcey and all.

cougar_w's picture

I've been watching AlJazeera continuously this week (the reporting is excellent) and there is a lot of evidence from the scene that police and released convicts are attacking pro-democracy protesters, and factories on the edge of town have been emptied and workers bussed in paid to "protest".

Our own media are complicit in trotting out the chaos donkey.

If Egypt burns, it will be because Mubarak would rather see it burn than give it up.

EDIT: And to keep the real story under wraps the government thugs are harassing foreign journalists, who we can assume are more likely than State media to report on the methods of the regime.

DaveyJones's picture

you're right our own media have been pathetic on the source of violence. 

these guys were talking about it this morning


tonyw's picture

aljazeera online has been great with live coverage, you can watch it here:



The armed forces searched all the pro-democracy suporters and prevented them from taking in supplies (including food & medicine) to the square but did not prevent mubarak's thugs from attacking with weapons so not exactly totally unbiased.

Foreign journalists reporting for several organisations were attacked, with reports of Mubarak supporters said to have stormed a number of Cairo hotels. The attacks have drawn condemnation from Britain, France, Germany, Italy and Spain. A number of political activists were arrested by military police, as well as representatives of Human Rights Watch and Amnesty International.

State media has claimed that foreign spys have gone to Egypt to stir up trouble so inciting distrust of foreign media crews.


IMHO mubarak will throw a few scraps to the crowds to try and split them and make them think some progress is being made. Of course it it all settles down then he will just round up anyone who has played a prominent part.

downwiththebanks's picture

This Movement isn't taking scraps.  That all ended beneath a hail of petrol bombs and rocks.

pan-the-ist's picture

You mean Mubarak's brown shirts?

Saxxon's picture

See, this is why I think the Egyptian revolution is done and Mubarak\The West won.

Mubarak is staying and so is his hand-picked successor.

They are just too well positioned with police\media\soldiers for whatever a very large a mob of courageous but unarmed and disorganized citizens can throw at them.

The despots all play by the same rule book and all help one another.  They are dead souls walking but how can you dislodge them?

Open question.

pan-the-ist's picture

In a libertarian society there would be no fascists or strongmen.

Flakmeister's picture

  Yeah, and in heaven everyone gets a harp and their own little cloud, not to mention a Unicorn that shits kruggerands...

Never think about how an "ism" will succeed, figure out how it will fail. In there lies the path to wisdom.

pan-the-ist's picture

I think I am preaching to the choir.

alien-IQ's picture

Never underestimate the power of a large mass of people who in unison determine that they have had enough.

Not that Americans will ever know that feeling....but they can see it on TV...except they can't watch Al Jazeera...so they can watch the watered down version of it on CNNFOXABCCBSMSNBC and the rest of the alphabet soup of the American mainstream propaganda machinery...but I digress...

oh yeah...BTFD...right?

equity_momo's picture

The Romanian mob managed to dislodge their problem in 1989. 

I imagine having a passive military and some heavies on your own side helps. 



robertocarlos's picture

Laser guided bombs. Or drop a cruise missile on his house.

Assetman's picture

Excellent points, but I don't think it's over by a long shot, pardon the pun.  I do agree this round will go to Hank and the thugs, however.

The revolution does have a chance of working if the effort becomes a lot more organized and essential strategic assets are targeted.  The revolutionaries need to win supporters within the military/police, though, to have any chance at all.  The reasons the Egyptian people got to this point aren't going away, so there will be plenty of time to organize and find armed support.

One consequence of this revolt is that Mubarak isn't going to making any public appearances anytime soon.  It really didn't take much to remove Sadat from the scene, and I'm sure Hosni remembers 1981 like it was yesterday.

Calmyourself's picture

Make sure your country has a right to be armed with more than chunks of asphalt.

Just Observing's picture



Give me a few more days to finishe up the last of my looting and I'm off to the Islands forever.

Dr. Porkchop's picture

Don't let the door hit you on the ass biotch.

bob_dabolina's picture

How cool is that though? I mean I wish I could do this at my job.

If you fire me...the United States of America will collapse. You sure you want to proceed?

If you don't give me $700 billion dollars by tomorrow @ 6:00AM SHARP....well...you are all fucking dead.

LOL! I think it's great.

downrodeo's picture

Yep, and the worst part is that we're helping the lie. We went along with it, we allowed ourselves to believe it, and I guess we'll deserve whatever we get from it.

pan-the-ist's picture

Who is "We?"  We didn't have a choice.

"We" need to buy bus tickets for the unemployed and send them to washington to protest.