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It's (Semi) Official: Egyptian President's Son And Family Have Fled To The UK

Tyler Durden's picture




 

Earlier we reported that according to rumors, Gamal Mubarak, together with his family, had left Egypt and were spotted in the UK. We now have confirmation from the Examiner, that indeed, the Egyptian president, Hosni's, son has left his battered country and had relocated to London indefinitely. What is unclear is how much gold, and other inedible commodities, the president-in-waiting had stowed away in his 97 pieces of luggage. Then again, with Egypt holding (having held?) 75.6 tonnes of gold to Tunisia now 5.7, 97 sounds about right...

An Italian news publication has just announced that Gamal Mubarak, Egyptian president Hosni Mubarak's son who is widely tipped as his successor, has fled to London with his family, Arabic website Akhbar al-Arab said on Tuesday, January 24, 2011.

Gamal Mubarak is seen as Hosni Mubarak's successor. The report is unconfirmed, but goes on to say that the family and 97 pieces of luggage on board left for London on Tuesday from an airport in western Cairo.

The day has seen a revolutionary uprising of Egyptians against the regime of Hosni Mubarak asking for his resignation. Police and protesters clashed, and an anti-riot police officer was killed in Central Cairo.

Taking part in the protest were supporters of former UN nuclear watchdog chief Mohammed El Baradei, the outlawed Muslim Brotherhood, the opposition al-Ghad party, the al-Wafd party and supporters of the '6 April' movement.

Mubarak has shown little tolerance for protests in the past.

In the meantime, the Egyptian government, which is still in control, has released the following statement on today's fatal escalations as the country teeters on the verge of a revolution:

PRESS RELEASE

•    Ministry of Foreign Affairs: Egyptians have a right to express themselves
•    Interior: Committed to protecting demonstrators and the public;  calls for respect for the rule of law

Cairo – Groups of protesters organized a number of demonstrations in Egypt today, mainly in the governorates of Cairo, Alexandria, El-Beheira, El-Giza, and El-Gharbia, with smaller demonstrations in a number of other regions.

Commenting on today’s events the Official Spokesperson of the Ministry of Foreign Affairs Ambassador Hosam Zaki said that “Egyptians have the right to express themselves”, adding that these events while notable were not new to the country which had witnessed a number of protests since 2004 as part of its open environment of freedom of expression.

Ambassador Zaki added that Egyptian police forces were focused on protecting the demonstrators and the public, in notable contrast to recent situations in the region.

In a statement released this evening, the Ministry of Interior said that its policy was to allow demonstrators to voice their demands and exercise their freedom of expression, and that during the course of today’s events it had, as noted by all observers, exercised maximum restraint and  that it had “been committed to securing and not confronting these gatherings”.

The Ministry noted that beginning around 3PM, a number of protesters, particularly a large number of those affiliated with the Muslim Brotherhood in the Qasr El-Einy Street began to riot, damage public property and throws stones at police forces, leading to the wounding of a number of personnel.  The Ministry said that when around 10,000 protesters entered Al-Tahrir square, police forces took necessary measures to maintain order and protect public safety.

The Ministry called on all demonstrators to abide by the law and legitimate means of expression, and to avoid threatening the safety of bystanders, and public and private property.

h/t HedgedIn

 

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Tue, 01/25/2011 - 19:49 | 904386 ElvisDog
ElvisDog's picture

London - the first choice for fleeing scoundrels worldwide.

Tue, 01/25/2011 - 19:54 | 904402 Malcolm Tucker
Malcolm Tucker's picture


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

Tue, 01/25/2011 - 20:06 | 904437 kato
kato's picture

it was just a flight for a long-planned shopping trip to Harrod's

Tue, 01/25/2011 - 20:23 | 904480 JLee2027
JLee2027's picture

I hope the new Government of Egypt, if it happens, is not an authoritarian Muslim one.

Tue, 01/25/2011 - 20:35 | 904499 Malcolm Tucker
Malcolm Tucker's picture

Agreed!

Here are the latest videos showing the protests in downtown Cairo's appropriately named Liberation Square. 

Videos show APC and soldiers firing teargas at the crowds, protesters fighting back with stones!

http://fedupmontrealer.blogspot.com/2011/01/egypt-boiling-over-past-midnight.html

 

Tue, 01/25/2011 - 20:58 | 904545 Ahmeexnal
Ahmeexnal's picture

The U.S. is selling it's assets worldwide. Egypt now belongs to China. China will handpick a puppet ruler this time.

 

Wed, 01/26/2011 - 00:18 | 905234 dark pools of soros
dark pools of soros's picture

you mean the Zionists let go of it that easily???

Wed, 01/26/2011 - 13:02 | 906398 GDE
GDE's picture

Unfortunetly, it will. The Muslim Brotherhood is already participating to the riots.

Wed, 01/26/2011 - 08:19 | 905617 tonyw
tonyw's picture

Interpol has a warrant for the arrest of the former Tunisian president Zine al-Abidine Ben Ali his wife Leila Trabelsi and other members of the family who fled the countr.

Has Saudi signed up for that:-)

 

Tue, 01/25/2011 - 20:04 | 904430 kato
kato's picture

and Paris. there are some amazing - AMAZING - places in Paris belonging to the dictator class. one on Place Vendôme has bullit proof glass, mink bedspreads and work done by the finest craftsmen in France. beautiful. but you wouldn't know what it was unless you knew what it was.

Tue, 01/25/2011 - 20:10 | 904448 Cleanclog
Cleanclog's picture

Will there be meaningful protests in Davos?  Wouldn't it be something to see some banksters flee?

Tue, 01/25/2011 - 20:14 | 904457 kato
kato's picture

i was kind of hoping the place would take a nuke

Tue, 01/25/2011 - 21:30 | 904620 yellowbr
yellowbr's picture

+1000

Tue, 01/25/2011 - 20:15 | 904458 ecuador mike
ecuador mike's picture

I heard it was all one big Pyramid Scheme gone bad.

Tue, 01/25/2011 - 20:17 | 904465 Orly
Orly's picture

For real, ec?

Tue, 01/25/2011 - 20:28 | 904489 andybev01
andybev01's picture

*snicker*

Tue, 01/25/2011 - 21:06 | 904560 f16hoser
f16hoser's picture

That was good!

Tue, 01/25/2011 - 20:29 | 904491 High Plains Drifter
High Plains Drifter's picture

The white people of London say, come on down, we can always use another muzzie.......

Tue, 01/25/2011 - 23:06 | 905025 BigDuke6
BigDuke6's picture

Yep, the uk is open for business, no matter labour or tory government.

it may help boost the uk gold reserves and at least they don't differentiate between rich and poor, all islamics are welcome in londonistan, what a shithole.

Tue, 01/25/2011 - 20:45 | 904511 Bringin It
Bringin It's picture

Thaksin fled to London ... and bought a football team ... OK, in Manchester.

Tue, 01/25/2011 - 21:12 | 904580 bankonzhongguo
bankonzhongguo's picture

OK.  Mubarak and family out.

Who's minding the store?

http://www.youtube.com/watch?v=nROMRVUhXuY

Wed, 01/26/2011 - 06:48 | 905562 fajensen
fajensen's picture

HaHa: All of the Egyptian terrorists and islamist nut-boyz are in London too! May they meet up soon!!

Tue, 01/25/2011 - 19:50 | 904390 gwar5
gwar5's picture

How long did it take for the plane to get off the runway?

I'm surprised this was allowed to leak out. Weakness.

Tue, 01/25/2011 - 19:55 | 904406 Don Birnam
Don Birnam's picture

Weakness ? Or an indication of the degree of internal breakdown ?

Tue, 01/25/2011 - 19:50 | 904391 unky
unky's picture

I would be more interested in how much gold they stole ;- )

Egypt is supposed to have much more than Tunesia in gold reserves, so...

Tue, 01/25/2011 - 19:51 | 904394 buzzsaw99
buzzsaw99's picture

The UK and USA both have safe haven for high level criminals who are friendly to the syndicate.

Tue, 01/25/2011 - 20:01 | 904420 Double down
Double down's picture

None beats France in this regard.

BTFD 

Tue, 01/25/2011 - 20:05 | 904434 buzzsaw99
buzzsaw99's picture

A blast from the past:

The Philippine government today is still paying interest in public debts incurred during Marcos' administration. It was reported that, when Marcos fled, U.S. Customs agents discovered 24 suitcases of gold bricks and diamond jewelry hidden in diaper bags and in addition, certificates for gold bullion valued in the billions of dollars were allegedly among the personal properties he, his family, his cronies and business partners surreptitiously took with them when the Reagan administration provided them safe passage to Hawaii. When the presidential mansion was seized, it was discovered that Imelda Marcos had over 2700 pairs of shoes in her closet...

Tue, 01/25/2011 - 19:53 | 904397 Misean
Misean's picture

"In the meantime, the Egyptian government, which is still in control..."

In other meantimes, the Market, which is still in control of the US stock martket issued a statement to keep buying the flipping dips.

Tue, 01/25/2011 - 19:54 | 904400 max2205
max2205's picture

These guys have fuck you money and decided to.... say fuck it

I have 3 pieces of luggage. Going on amazon to get some more

Luggae is the new gold.

Tue, 01/25/2011 - 21:11 | 904578 I am a Man I am...
I am a Man I am Forty's picture

that's funny

Tue, 01/25/2011 - 19:54 | 904401 DJIA36000
DJIA36000's picture

I don't think this matters.  The market no longer considers bad news.  Bad news is good news and good news is excellent news.  The never ending rally continues.  Buy with two fists.  Plug your nose, close your eyes, and buy everything.  We're going dow 36,000 baby!  Need to buy my dow 36,000 hat.  

Tue, 01/25/2011 - 20:14 | 904452 knukles
knukles's picture

Well, the State Department praised the "Jasmine Revolution" in Tunisia, even hinting that they'd supported it for a long time. (WTF?)
So undoubtedly now some State Department summer intern has been prized with the question of the day; "What do we call the revolution in Egypt that we've just decided to support (for a long, long time?)"

Let's see....
How about the "Claridge's Camel Stool Sample and Suppository Movement"? 

 

Tue, 01/25/2011 - 20:18 | 904468 Orly
Orly's picture

I vote for limestone!

Tue, 01/25/2011 - 20:31 | 904494 andybev01
andybev01's picture

Lapis.

Tue, 01/25/2011 - 19:54 | 904403 THE DORK OF CORK
THE DORK OF CORK's picture

So when will France , UK and Israel collude to secure the Suez canal - I guess they don't need permission from Obama anymore.

Tue, 01/25/2011 - 19:58 | 904413 CrockettAlmanac.com
CrockettAlmanac.com's picture

Yes, the canal! That bears watching as does the Gaza border. Interesting times.

Tue, 01/25/2011 - 20:05 | 904432 THE DORK OF CORK
THE DORK OF CORK's picture

Its all about the canal - fuck the Egyptian Gold - its not enough to make a difference , Zero hedge needs to get out off its Gold Vault if it wants to understand the Great Game.

Tue, 01/25/2011 - 20:48 | 904517 Bringin It
Bringin It's picture

Hey Dork - is Brian Cowan the ugliest Irishman that ever lived?  And will he be fleeing to London soon?

Tue, 01/25/2011 - 21:44 | 904669 THE DORK OF CORK
THE DORK OF CORK's picture

Who cares what the Taoiseach does - he will probably just go watch a football game , Jean Claude Trichet is PM here , infact there is unofficial behind the scenes activity that will change the constitution and make the Presidents role more then just ceremonial just in time for his retirement from the ECB.

The Irish may just get a few scraps off the table if we are really really nice , we are the oringinal brown nosers here - Irish rebels are a myth.

Rebel Songs

Tue, 01/25/2011 - 20:06 | 904433 THE DORK OF CORK
THE DORK OF CORK's picture

double post , one canal !

Tue, 01/25/2011 - 20:25 | 904483 JLee2027
JLee2027's picture

Jasmine Revolution...Black Swan?

Tue, 01/25/2011 - 20:07 | 904440 Jack H Barnes
Jack H Barnes's picture

http://en.wikipedia.org/wiki/Multinational_Force_and_Observers

 

My guess is they will be redeployed.

Tue, 01/25/2011 - 20:45 | 904512 Caviar Emptor
Caviar Emptor's picture

On the very same day that they blockade the straights of Aden from Djibouti

Tue, 01/25/2011 - 20:56 | 904536 nmewn
nmewn's picture

Hmmm.

Tue, 01/25/2011 - 19:55 | 904404 breezer1
breezer1's picture

france is a close 2nd.

Tue, 01/25/2011 - 19:55 | 904405 Cow
Cow's picture

This can't be good for Israel.

Tue, 01/25/2011 - 20:00 | 904416 CrockettAlmanac.com
CrockettAlmanac.com's picture

Well they ain't General Motors.

Tue, 01/25/2011 - 19:56 | 904410 gpsnodgrass@cox.net
gpsnodgrass@cox.net's picture

This is just more conspiracy drivel. London is packed with Egyptians this time of year. It's Harrod's annual sale.

Tue, 01/25/2011 - 19:59 | 904414 Id fight Gandhi
Id fight Gandhi's picture

Where will the US leaders flee when it's time?

Tue, 01/25/2011 - 20:02 | 904423 unky
unky's picture

To some islands in the pacific, or maybe Singapore, or even Australia

Tue, 01/25/2011 - 23:10 | 905048 BigDuke6
BigDuke6's picture

Australia - piss off! - we're all rednecks here.

Obama? He'd go back home to indonesia or kenya or summat.

Tue, 01/25/2011 - 20:03 | 904427 nonclaim
nonclaim's picture

Kennedy comes to mind...

Tue, 01/25/2011 - 21:09 | 904570 ILikeBoats
ILikeBoats's picture

I think Paraguay ... in the spirit of bi-partisanship, Bush will give Obama 40 acres and a drug mule...  http://www.infowars.com/articles/bush/bush_land_deal_escape_to_paraguay.htm

Tue, 01/25/2011 - 21:47 | 904680 awakened
awakened's picture

Damn! another perfectly good retirement location ruined.

FYI the referenced article was written in 2006

"the Governor of Alto Paraguay, Erasmo Rodríguez Acosta has admitted to hearing that George Bush Sr. owns land in the Chaco region of Paraguay, in Paso de Patria. Acosta says that rumor has it that Bush owns near to 70 thousand hectares (173,000 acres) as part of an ecological reserve and/or ranch"......another spoke of "the purchase by (GW)Bush of a 98,842-acre farm in northern Paraguay, between Brazil and Bolivia." the article ends with "The arrival of U.S. troops at a massive air base in Paraguay - interestingly, not far from rich Bolivian gas fields - suggest that administration officials may have dusted an old plan, having learned no lessons from their disastrous intervention in Iraq."

If you havent seen it yet, the Gasland documentary is on HBO on demand til 2/22. It is a must see! Everyone who loves this country and the heartland needs to see what is being done all accross the US. Warning though, you may want a drink on hand, or as a chaser, because this is very hard to watch. If the flouride deception makes you angry, flaming tap water will make you even angrier. If you love Halliburton take a pass on this documentary.

Tue, 01/25/2011 - 22:00 | 904718 knukles
knukles's picture

Whoopie!  Another Conspiracy Theory, be named...

The Pigford Files

Tue, 01/25/2011 - 21:40 | 904651 Cathartes Aura
Cathartes Aura's picture

dual-nationality makes that question rather easy to answer.

got passport?

Tue, 01/25/2011 - 20:00 | 904415 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Who would want to go to London, as far as cities go it's one of the biggest toilets in the entire world. Horrible place.

Tue, 01/25/2011 - 20:07 | 904439 RamonLlull
RamonLlull's picture

+1

Tue, 01/25/2011 - 20:10 | 904449 Crassus
Crassus's picture

Still the financial decision making capital of the world, has been since the French Revolution. We're Neo-Hessians. 

Ran some tactical numbers as to our military response capabilities. Not good news. If I were Hillary Clinton, I'd be hanging out with Jay Cutler.

Tue, 01/25/2011 - 20:20 | 904470 RamonLlull
RamonLlull's picture

London I don't think has been the financial capital of the world since end of WW2 and today I suspect it is Bejing.

Tue, 01/25/2011 - 20:24 | 904481 Crassus
Crassus's picture

Respectfully, you are wrong.

Tue, 01/25/2011 - 20:57 | 904537 RamonLlull
RamonLlull's picture

Respectfully, so are you. Financial services industry encompasses so much more than hedge funds and investment banking.

Tue, 01/25/2011 - 21:19 | 904594 Crassus
Crassus's picture

This has more to do with London's influence on those who influence the IMF, World Bank, BIS. - the recent U.S. presidents beginning with the knighted Ronald Reagan, secretaries of state, etc. in short, geopolitical decision making. To these elite individuals, those in the financial services industries, no matter how senior, are "clerks with ink stained fingers."

Tue, 01/25/2011 - 22:03 | 904730 RamonLlull
RamonLlull's picture

Ok, I understand: global financial capital = capital with largest geopolitical influence?! And even so, how would London figure in this post WW2? The British Empire is no more. British Prime Ministers are mere puppets who conveniently for some puppet masters still have a defence industry and a military complex to feed. No idea, what this all has to do with financial services, but hey, I am open minded.

Tue, 01/25/2011 - 22:56 | 904974 Crassus
Crassus's picture

It has almost nothing to do with financial services.

Tue, 01/25/2011 - 23:15 | 905065 BigDuke6
BigDuke6's picture

The fact you think london or the uk has any relevance whatsoever is really sweet and endearing.

I'm wiping a tear from the corner of my eye... sniff.

 

(Sarcasm warning for usa readers.)

 

Wed, 01/26/2011 - 00:23 | 905238 Crassus
Crassus's picture

Relevant enough to take the ashes.

Wed, 01/26/2011 - 01:25 | 905352 BigDuke6
BigDuke6's picture

thats like a dagger in my heart, cobber.

i'm an expat anyway - can't you detect the venom in the way my heart weeps as my ex-great country flushes away down the pan after being managed by generations of weak, empire guilt ridden politicos?

so you?  you love london and one of the few hundred people who still think cricket is cool.

you must be a first generation city boy.  Systems analyst?

Wed, 01/26/2011 - 09:47 | 905788 Crassus
Crassus's picture

Soldier.  If you've expatriated yourself to the U. S. you are watching another country flushed away by empire politicos. Our leaders, elected or not, carry out the business of the British Empire. As we sit here in the old Raj trying to keep Pakistan and India from a thermonuclear exchange (1947). Iraq (1919) awaits the civil war that will break it in three. Egypt (1919) could erupt any moment. Israel/Palestine (1919 and 1947) is a garden of peace and contentment. And Kashmir (1947) ? Now that's the big one. Were I am at the moment has the smell and feel of the Dardanelles.

 

Wed, 01/26/2011 - 10:41 | 905901 Crassus
Crassus's picture

Your enemies are never quite as dangerous as your allies.

Tue, 01/25/2011 - 20:22 | 904475 Jack H Barnes
Jack H Barnes's picture

Did you include the 250,000 "Contractors" with combat experience that are employed and in the theater?

Tue, 01/25/2011 - 20:30 | 904493 Crassus
Crassus's picture

Armor is required here.

Tue, 01/25/2011 - 21:26 | 904605 11b40
11b40's picture

What's the problem? Are we running low on drones?

Tue, 01/25/2011 - 21:29 | 904614 Crassus
Crassus's picture

We're running out of everything.

Tue, 01/25/2011 - 20:17 | 904466 dussasr
dussasr's picture

There's a hole in the world like a great black pit
and the vermin of the world inhabit it
and its morals aren't worth what a pig could spit
and it goes by the name of London.

-Sweeney Todd

Tue, 01/25/2011 - 21:34 | 904629 Híppos Purrós
Híppos Purrós's picture

It does have it's charms, FMB...  Although admittedly, it does help if you're a Russian Oligarch...  But Mel liked it... (and come to think of it, Blighty worked for me, too)...

http://www.youtube.com/watch?v=tVCDZaApwV8

PS to Tyler...  used to work the 'boards' for Global AXA (but not in the way you think)...  Very educational.  Quit after 9 months...  Prior to AXA?

http://www.youtube.com/watch?v=fvDoDaCYrEY

Tue, 01/25/2011 - 21:51 | 904691 tmosley
tmosley's picture

Chelsea is nice.  But then, anywhere is nice for the rich, I guess.

Tue, 01/25/2011 - 21:52 | 904696 tmosley
tmosley's picture

Chelsea is nice.  But then, anywhere is nice for the rich, I guess.

Tue, 01/25/2011 - 20:02 | 904419 knukles
knukles's picture

"Mubarak has shown little tolerance for protests in the past."

"Yeah", said Mr. Mubarak, "I'm not gonna put up with this shit anymore from those fucking dirty, smelly ungrateful Egyptians.  I'm moving to Londinistan to be with people more of my kind, those dirty, smelly, grateful, nouveau-riche Egyptians." 

Tue, 01/25/2011 - 20:03 | 904429 AUD
AUD's picture

What is unclear is how much gold, and other inedible commodities, the president-in-waiting had stowed away in his 97 pieces of luggage

 

None, it's all 'been' at the Bank of England for years.

Tue, 01/25/2011 - 20:05 | 904435 Segestan
Segestan's picture

Just what the west needs , more immigrants.

Tue, 01/25/2011 - 20:06 | 904436 Dr. Porkchop
Dr. Porkchop's picture

Domino Theory Bitchez!

Tue, 01/25/2011 - 20:09 | 904444 gpsnodgrass@cox.net
gpsnodgrass@cox.net's picture

I would advise Hosni's son not to date any British princesses.

Tue, 01/25/2011 - 21:29 | 904613 ThisIsBob
ThisIsBob's picture

Or Sweedish chicks.

Tue, 01/25/2011 - 20:09 | 904445 Don Birnam
Don Birnam's picture

...And when the Shah fled Iran in January, 1979, installing Shapour Bakhtiar as Prime Minister, the "governmemt" was still in control there, also -- for the next 40 days.

Behold the Black Swan.

Tue, 01/25/2011 - 20:16 | 904463 10044
10044's picture

well said sir. RIP Persia

Tue, 01/25/2011 - 20:11 | 904451 colonial
colonial's picture

first...Mubarak has been around 30 years...he already has a nice swiss bank account

second...this isn't over yet...with his family safe who knows what papa will do? 

Lastly, isn't it amazing that twitter is said to have had a role in mobilizing the protest

Tue, 01/25/2011 - 20:12 | 904453 frippy
frippy's picture

Any bets on where our very own corrupt leaders will flee when TSHTF?

A) Paraguay (Team Bush)

B) Kenya (lol)

C) Israel (please see: Lieberman, Schumer, Rahm, Feinstein, Harman, et al)

D) Scores

E) China

F) none of the above

 

Tue, 01/25/2011 - 20:15 | 904460 WaterWings
WaterWings's picture

Excellent. This was on my mind. 

Also, various private islands or bunkers.

Tue, 01/25/2011 - 21:27 | 904609 Things that go bump
Things that go bump's picture

I read that as pirate islands and didn't find it odd.  

Tue, 01/25/2011 - 20:21 | 904472 oddjob
oddjob's picture

Rikers

Tue, 01/25/2011 - 21:10 | 904572 Misean
Misean's picture

ROFL

Tue, 01/25/2011 - 20:47 | 904515 Caviar Emptor
Caviar Emptor's picture

Necker Island

Tue, 01/25/2011 - 20:52 | 904525 Bringin It
Bringin It's picture

Bouvet Island, so remote you could test a nuke there and 'no one' would know.

Tue, 01/25/2011 - 20:52 | 904526 Bringin It
Bringin It's picture

Bouvet Island, so remote you could test a nuke there and 'no one' would know.

Tue, 01/25/2011 - 21:41 | 904656 SilverRhino
SilverRhino's picture

Think I'd rather have Henderson Island.  

Wed, 01/26/2011 - 07:26 | 905577 fajensen
fajensen's picture

-  and no one would miss them!

Wed, 01/26/2011 - 10:07 | 905825 Ricky Bobby
Ricky Bobby's picture

Palm Beach, Jupiter Island, Carmel, Manhatten, San Francisco where ever the fuck they want to go. They won a long time ago. The question is where are you going to flee?

Tue, 01/25/2011 - 20:16 | 904462 iDealMeat
Tue, 01/25/2011 - 20:16 | 904464 Dapper Dan
Dapper Dan's picture

July 11, 2007: Over the last decade, luxury boat builders have begun building submarine yachts. Submarine construction technology has come a long way in the past century, and it's possible to build these boats at an affordable ($15-200 million) cost.  One of the largest civilian submarine yards is in Dubai, where 18 have been built so far, and over two dozen are under construction or on order.

http://www.strategypage.com/htmw/htsub/articles/20070711.aspx

Why would anyone want a sub?  What did the wealthy and powerful know even in 2007?

Tue, 01/25/2011 - 20:22 | 904476 dussasr
dussasr's picture

It's not that they "knew" something.  These people are wealthy enough that they buy stupid shit because they can.

Tue, 01/25/2011 - 22:25 | 904828 gpsnodgrass@cox.net
gpsnodgrass@cox.net's picture

Subs are OK if they have large portholes. Otherwise, not so much.

Tue, 01/25/2011 - 23:08 | 905040 swmnguy
swmnguy's picture

And watertight seals on the screen doors.

Wed, 01/26/2011 - 07:30 | 905578 fajensen
fajensen's picture

Why would anyone want a sub?

It is a perfect vehicle if one happens to be active in the "import-export" business. The latest German diesel submarines are very stealthy and can travel in coastal waters. What the business need, no ;-)

Tue, 01/25/2011 - 20:21 | 904471 dussasr
dussasr's picture

How is it that the Tunisians and Egyptians can mobilize revolts, but the starving North Koreans can't?  I can't think of anyone who should be more motivated than them.

Tue, 01/25/2011 - 20:43 | 904508 JohnG
JohnG's picture

Except US citizens.

Wed, 01/26/2011 - 07:43 | 905593 fajensen
fajensen's picture

Precisely because they are starving. They lack the energy and they spend all their waking hours grubbing for food. If they spend time and energy rioting they will go even more hungry that day.

It is *always* the middle class that starts trouble; It has ambitions, skill and reserves. Bankrupt the middle class and you are definately in for it!

Tue, 01/25/2011 - 20:21 | 904473 John McCloy
John McCloy's picture

Wanna see something creepy?

Department of Homeland Security launches campaign to snitch out suspicious activity in malls. This is like the SS all over again. Be sure to report your parents if they have purchased Gadsden flags as well:

http://www.youtube.com/watch?v=d6D4q23a4WE&playnext=1&list=PL1BE0DD70BF9...

Tue, 01/25/2011 - 20:48 | 904516 Confused
Confused's picture

Wow. Thanks for sharing this. Unbelievable. 

Tue, 01/25/2011 - 20:54 | 904533 Blano
Blano's picture

That's just not right.

Tue, 01/25/2011 - 21:15 | 904563 WaterWings
WaterWings's picture

"Dude, I said no whipcream."

DHS: Cash and Wearing Black....booga-booga!

http://www.youtube.com/watch?v=zYjar0IQRLY

Tue, 01/25/2011 - 21:09 | 904569 THE DORK OF CORK
THE DORK OF CORK's picture

I wonder how those character actors would deal with this suspicious activity ? www.youtube.com/watch?v=bZ05_kgxbtw

 

 

Tue, 01/25/2011 - 20:25 | 904484 THE DORK OF CORK
THE DORK OF CORK's picture

I think they better pay some money for decent belly dancers - this could be the end...............................

www.youtube.com/watch?v=aB02sR5YQTk

Tue, 01/25/2011 - 20:34 | 904498 walküre
walküre's picture

Algeria, Tunisia, Egypt.. Saudi Arabia

Oil should do a number soon. Inflation sky high.

Oil crisis redux?

Tue, 01/25/2011 - 20:39 | 904501 wisefool
wisefool's picture

Does this mean its on like donkey kong?

Tue, 01/25/2011 - 20:39 | 904502 chindit13
chindit13's picture

Hindsight is 20/20.

As Bush, Obama and the Neocons are just now beginning to realize, the invasion of choice in Iraq using the assembled might of the (Second) Greatest War Machine on Earth was completely unnecessary.

Instead of sending in the Army, Navy, Air Force & Marines, all the US need have done was turn the matter over to the real Merchant Bankers of Death, Brigadier Ben Bernanke and his POMO Platoon, dictator destructors par excellence. Saddam would have fallen to the hungry hordes faster than a 3:30 ramp job, with the added benefit that there would have been an ongoing strong bid under London luxury home prices.

Tue, 01/25/2011 - 21:13 | 904582 TheSettler
TheSettler's picture

Thanks again for your excellent condensation of the situation.

Situational Awareness...worth more than Gold..

Tue, 01/25/2011 - 21:13 | 904584 Logans_Run
Logans_Run's picture

Yeah, instead the benbernake gets turned loose on us!

Tue, 01/25/2011 - 20:41 | 904503 Racer
Racer's picture

Fantastic news, Gordon Moron Brown's (aka "an end to boom and bust")selling of gold at the bottom has instantly been reversed and UK gold holdings soar... just like hyperinflation of petrol and everything else you need for existence that has just been taxed even more

Tue, 01/25/2011 - 20:54 | 904504 THE DORK OF CORK
THE DORK OF CORK's picture

 If we all cool it and think of the undulation withen poltical circles  - we can make a contribution to the debate and perhaps provide solutions to this mess.

Egyptian Belly Dancing : Undulation

 

Wed, 01/26/2011 - 01:28 | 905358 jomama
jomama's picture

thanks, made my night!

Tue, 01/25/2011 - 20:50 | 904514 Racer
Racer's picture

And ZH please I ask you to investigate WHY do UK people have to pay 3 credit reference agencies for you to look at information about yourself that they hold for you? Surely you should be able to see what these people hold on your files which can be extremely detrimental and held there for 6 years without your knowledge as part of freedom of information? No, it is the secret society of banksters...... and they make it as difficult as possible for you to change your slavery status

Tue, 01/25/2011 - 22:45 | 904910 Cathartes Aura
Cathartes Aura's picture

trust me Racer, credit reports are second nature for amrkns - they like to drop their "FICO score" into conversations all the time. . . also a good tool to keep folks in fear of "default" on credit cards, and credit scores are used by business to deny home rental, loans, etc. - utility companies can demand hefty upfront "deposits" from anyone with dodgy credit, car insurance rates are higher, etc. 

UK was just a bit late to be added to the "game". . .

Tue, 01/25/2011 - 20:52 | 904524 Caviar Emptor
Caviar Emptor's picture

The match has been set to the tinder. The whole region is flaring up (as I and others here predicted). Those who think it's inevitable that every country in revolt will end up like a pre-crisis US consumer paradise is sadly naive. There are lots of undercurrents and the US is not favorably viewed in many pats of the world at the moment. 

Tue, 01/25/2011 - 21:01 | 904550 Bringin It
Bringin It's picture

the US is not favorably viewed in many pats of the world at the moment.

Gross understatement.  The brand's been terminally tarnished, starting with wars of aggression and ending with global toxic bond dispersal.

Tue, 01/25/2011 - 21:11 | 904574 Caviar Emptor
Caviar Emptor's picture

Agree. I up my understatement

Wed, 01/26/2011 - 01:22 | 905349 Bob
Bob's picture

It ain't over yet: We've got a world of hunger and starvation to export in order to cover our banksters' losses on those toxic securities.

Tue, 01/25/2011 - 21:31 | 904624 samsara
samsara's picture

As Clif said, This year it's   "Global-Rev'

Then 'AmRev 2.0'

Tue, 01/25/2011 - 23:27 | 905116 High Frequency ...
High Frequency Traitor's picture

So right you are!

 

Take a look at the track-record of revolutions over the last two centuries, almost all have ended in seas of blood followed quickly by the rise of tyrants. The odds of the Muslim Brotherhood turning Egypt into a liberal paradise are about the same as the odds of Danny DeVito being the Player of the Year in the NBA. This will end badly; either another sharia nutfarm from the twelveth century or a rerun of the Dictator of the Month Club.

Wed, 01/26/2011 - 08:04 | 905604 fajensen
fajensen's picture

Why is this bad? AFAIK, the people of the middle east is not exactly our best friends.

Tue, 01/25/2011 - 20:53 | 904529 Racer
Racer's picture

Oh and surprise surprise the 'after' hours consumer confidence was yet again not confident at all....

Tue, 01/25/2011 - 20:55 | 904535 Caviar Emptor
Caviar Emptor's picture
We're in a good complacent spot right now in the markets 
Tue, 01/25/2011 - 20:57 | 904540 LudwigVon
LudwigVon's picture

What is unclear is how much gold, and other inedible commodities

 

It gets funnier every time, I def. laughed out loud.

ty Tyler for the excellent reporting and analysis. 

Tue, 01/25/2011 - 22:10 | 904692 DarkAgeAhead
DarkAgeAhead's picture

Definitely, I agree.  Funny shit.

That said, here's my take on eating Gold.  For a localized or even global economic collapse, sure, Gold ensures you eat. 

But, with a localized or global ecological disintegration, the Gold crowd will find it, ultimately, as inedible as anything shiny and full of human value.

 

Tue, 01/25/2011 - 21:54 | 904699 DarkAgeAhead
DarkAgeAhead's picture

dp

 

Tue, 01/25/2011 - 22:23 | 904816 Alienated Serf
Alienated Serf's picture

double penetration?  this is a family site.  

Tue, 01/25/2011 - 23:28 | 905117 JW n FL
JW n FL's picture

lol

Tue, 01/25/2011 - 23:03 | 905008 americanspirit
americanspirit's picture

The Egyptian army is controlled by the Muslim Brotherhood and will seize control of the country within days. The new government will quickly announce an alliance with Iran and Syria. The Suez canal will be closed, as will the straits of Hormuz. Hizbollah will begin launching thousands of missles on Israel. Lebanon and Jordan will fall quickly - Iraq will not be far behind. Iran will set off a nuclear test in Balouchistan, assisted by North Korean technicians. Egypt and Iran will jointly announce they have the 'Islamic Bomb'. Chemical weapons will be deployed against Israel. There is no stopping this. Armageddon is a village in Syria. Duck and cover - I've been waiting to say this - bitchez.

Tue, 01/25/2011 - 23:16 | 905068 Hephasteus
Hephasteus's picture

It's like watching a cat chase a flashlight light on the wall.

Tue, 01/25/2011 - 23:27 | 905113 JW n FL
JW n FL's picture

the brothers are coming to get you and the jews both.. boogie! Boogie!! BOOGIE!!!

Wed, 01/26/2011 - 16:45 | 907163 Hephasteus
Hephasteus's picture

LOL. This boogie opens the cage to that boogie which opens the cage to that boogie. Then the boogie boogie boogie is ON!!! LOL

Tue, 01/25/2011 - 23:23 | 905095 BigDuke6
BigDuke6's picture

Heheheheheheheheh, and we're glad you sed it buddy.

Get it off your chest.

That would sort out this gold dip thats for sure.

Only a matter of time before the fracking 'islamic' bomb....

Wed, 01/26/2011 - 00:34 | 905183 New World Chaos
New World Chaos's picture

Hahahaha

I've been waiting two years for hyperinflation to cause an avalanche of revolutions.  Libya next, then Ireland, maybe Venezuela.  China and America are the big prizes, but they are not sufficient.  To defeat the bankster cabal, many countries will have to pass through the purging fire and be reborn in freedom.  Also, the European Union must be destroyed, as it is a stepping-stone to world government.

Wed, 01/26/2011 - 01:02 | 905315 vxpatel
vxpatel's picture

Sure he's a corrupt dictator who uses terrorist tactics on his own people, depriving them of basic freedoms and the ability to make a living, but dammit, he's our ally and we can't let things like his management techniques stand in the way of our love for him.

FREEDOM IS NOT FREE, especially on the other side of the world.

 

Palin/Quayle 2012 - Bring Jesus back into our schools, until the rapture....

Wed, 01/26/2011 - 06:28 | 905553 Petlock
Petlock's picture

The Egyptians will go for the Connaught, near the Arab Edgeware Road and with four different high speed exits. The Harrods sale has not quite ended. Personally, I'm glad not to be the hall porter with those heavy, heavy suitcases.

All I do know is that if the Chinese ending up fleeing with suitcases, it won't be the Connaught and it won't be London.

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