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Watch Hosni Mubarak's Address To Nation Live
Any minute, Egyptian president Hosni Mubarak is address the nation in a speech in which he may or may not announce he will step down, but one in which he most certainly will state that he is not running for presidential reelection. We are not sure what this slap of a gesture toward the Egyptian people is expected to achieve: that is the equivalent of hiring Ben Bernanke as your advisor on how to economize on toner ink.
Reuters (after the jump) will carry the full address.
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"President Obama has been contact with me for the past few hours. After some discussion, I have been given permission to step down, provided I make sure that my VP or my PM will become President. Thank you for all your support over these decades. God Bless Me, and God Bless Egypt."
He will step down AND run.
Like Ben Ali.
He'd better be more like Muhammed Ali if he's going to make it out alive.
Like Mr. T!
http://www.youtube.com/watch?v=pWAu7FmKbYc
did our assholes tell him to wait till the US markets were closed?
all hell is going to break loose if this guy doesn't resign....
did our assholes tell him to wait till the US markets were closed?
all hell is going to break loose if this guy doesn't resign....
To see the way it is being played in the news, you would think he already resigned. And this administration is like Jimmy Carter all over again.
He needs Obama's permission.
What is wrong with that? Our tax dollars bought and paid for him - he is our boy. Now we have to make a new one.
The demands of empire never stop.
"You say you want a REEEEVOLUUUUUTION OOOO"
BEATLES
tyler, help get this story out!
thanks
http://news.firedoglake.com/2011/02/01/activists-plan-national-call-in-to-pressure-state-attorneys-general-on-foreclosure-fraud/
The question isn't really if Mubarak is gone. The question is who will replace him. And what's for breakfast, lunch and dinner until then in Egypt.
Remember that this started as riots and protests over food. How will a change in leadership alleviate these shortages?
And on an olfactory note, where are the million people milling about central Cairo going to the bathroom?
-double-
The Egyptians are rioting against the wrong individual- they should riot against BENron!
american job, but heck we got the 99ers so
We in the US should already be rioting against the Bernank and the government.
Ah well, how about that Super Bowl!
Food shortages, inflation, and unemployment.
I, too, wish the cause of these underlying issues wouldn't get ignored while the mainstream media sells this as a "people power" political revolution. But I don't have much hope.
Meanwhile, rice up ~15% so far in 2011.
CD,
If it is ordered then there is a good chance the Us or IMF will provide assistance. Thinks are tough all over so some gifts, but also loans. Now I'm sure Egypt has a few assets they can collateralize a food loan, like their gold for example. It's just a barbarous relic sitting there. Personally I would take the Pyramids, imagine how impressive it would be for Strauss-Khan to tell the ladies "Why yes I do own the Pyramids!"
Also if was the House of Saud I would be dumping money at grain, for my own people and as a gift to the people of Egypt to show "solidarity". Worth spending a few ducats to keep the masses from trying to mess with your business of pumping that sweet crude. Oh and using my US connections to get sound cannons and the pain rays. I had friends work on those devilish things, and I'm sure Uncle Sugar is willing to export.
Is that a pyramid in your pants or are you just happy to see me?
BTW is there really a shortage of food world wide or just a shortage at the older lower prices? Call me cynical but this is just an excuse to charge more for the things the world needs. I suspect 50" LCD TV's can be had for a reasonable price in Egypt.
I'm not seeing it as a shortage. I see it as a bumper harvest of fiat, and no harvest of grain can compete with that. Also have to remember that in many of the big boys eyes there is entirely to many people on this planet. Starvation is one hell of an effective way to kill, even more efficient then war and with no clear "bad guy". And even more then in war the people will agree to anything when they are hungry.
Pyramid in the pants, shopping for pants is a nightmare, and the tailors immediately freak out...
This is not about food ! The regime change in Egypt was planned for the past three years by the US.
http://www.telegraph.co.uk/news/worldnews/africaandindianocean/egypt/828...
and yet, regardless of what he announces...somehow, I'm sure the market will see that as cause to rally into the close while further shanking the USD ever closer to Zimbabwe territory.
but I might grab a few SPY puts...just in case.
agreed CD - "the devil you know..." and all that jazz.
After reading ZH for over 1.5 years, I always wondered what "After the Jump" meant. Anyone help?
It means that the original post is truncated on the front page, so once you click "read more", you see the rest of the article.
It means that...
You need to start thinking with portals.
:)
In this case it apparently means they forgot to put the link on this page...unless they did it while I was typing this response.
Which they did.
Following a hyperlink as if jumping through hyperspace.
Use the Google, Luke.
Sad that we can't even get Americans to slip a jock strap over their pants to make a statement about airport patdowns.
It looks to me like the problem is our middle class. They're co-opted bitches.
i am a 60 year old white man. I wish to go to Germany soon and expect i will dress in a burka, The the beekeepers suit full blown, they wont know i am a man until they do the patdown at which time i will laugh my ass off. I intend to have fun at their expense and I have an infectuous laughter tho its loud. Lol
Fuckem if they cant take a joke.
I hope that makes the news...too funny.
Take two viagra about an hour before the pat down.
Ha ha haaaaa....Boiiiiiiing
Don't forget the metal cock ring.
Are they adjustable...as in diameter?
Nice. I intend to take the 'blue pill', literally. Then request a pat down and watch their discomfort as they negotiate the hard on...
They can't take a joke. You'll be held for questioning, psychological evaluation, and background check.
Then you'll miss your flight.
Hope you weren't planning on traveling with family as they will be forced to make a decision to stay or leave you.
You'll lose the money you paid for the flight..
joke is on you...
That's the spirit!
Make sure you have a friend video tape it for posting on YouTube.
If they beat you down or strip search you, your defiance will be our rallying cry for justice.
P.S. Do not try this in Germany, they definitely have no sense of humour at their check points.
Jock straps Zombie-style my droogs
http://www.tagtele.com/videos/voir/52072
"Please give me time to take my possessions, some gold and not have my assests frozen."
Mubarak announcement
Mubarak will announce that he will not be running for re-election which has now been rescheduled for Dec 22nd 2012
I can't imagine that would be sufficient or acceptable at this point. The people have come this far and really put themselves at risk...I think anything short of his immediate resignation would inflame the situation.
Mubarak not running in the next elections is not new news. He already decided not to run a while back. People are worried he is grooming his son to take his place.
I think "after the jump" is info added later
I am surprised the World Bank has not pressed for U.S. funded global SNAP cards. Surely, Obama's or Bernanke's visage would have replaced all those of local potentates and gods.
Isn't this the time in the movies where the evil emperor's secret weapon comes on line?
blogs usually allow you to separate a post into two parts, one an excerpt that gets posted to the main page and to RSS, and the other a continuation with the main text of the article. 'After the jump' usually refers to the part that you see after you click 'read more...'. "Below the fold" means the same thing on some sites.
On some sites, but "Below the Fold" is an old newspaper term referring to information placed on a single page. Newspapers were folded in half, and the most important stories would appear "above the fold", that is, face up, and the less important ones "below the fold".
This is usually used now in context of pages that require you to scroll. For example, if you type "tomatoes" into Google, you will get wiki, USDA, Ben Bernank, whatever, and to see the links "below the fold", you would need to scroll down.
Hopefully that makes sense. I would say it's different than "after the jump".
Does Murbarak think he's dealing with kids?
Apparently.
Or with uninformed Americans who do not know he had already announced he wouldn't run before the protests began.
Just as I expected, the people of Egypt are not accepting his "I won't run for office again" bullshit.
The protest is organizing to move to the Presidential Palace on Friday. Next step, storm the palace. ( I love the sound of that "storm the palace". So fitting for our times. )
Watch for Friday to get seriously crazy.
He thinks he's dealing with subjects, yes.
He sees himself as King and is grooming his mfing SON to takeover. He thinks he has a line of succession going to a Constitutional Presidency.
but then, look at the USA...from Georgetown basketball to the fuckin Mayor of Chicago; the cretins love their Kings.
This is why I say most people shouldn't have the right to vote. Even in the early USA, the sheeple wanted GW as King. He refused. Men like that should vote, the rest STFU
Two million wogs in Tahrir Square...bfd
I just saw a copy of the Mubarak speech. He plans on saying that The Bernank is sorry and please accept this gift of a tin of cookies for the trouble.
Tin? That's just shiny metallic paint on plastic.
Someone should tell him that he can't eat tin.
The tin is better for you than the cookies, tho; I gave Ben those cookies myself for Hanukkah in 1998.
The people are not leaving until he leaves.....could get tense as he pulls this stunt.....they will just chant..."try again asshole".....and tomorrow another speech saying that after second thoughts....I am outta here....
He's been buying time, that's all. You try loading 75 tons of gold onto a private yacht and see how long it takes you. As soon as it's managed, he's gone.
That better be one bouyant-ass yacht.
Um-mm, I think Mubarak needs a little more time. Here he is bailing out the official mobile Gold storage room.
I told him not to put it all in the forward compartment. But did he listen to me? Nope.
Thanks for the pleasing chuckles and grins.
I was pondering earlier today if NetJets has exposure to fleeing middle eastern despots.
You should have put that silver ballast closer to the center of gravity.
Yemen leader Saleh calls emergency meeting of parliament in response to rampant unrest. Official says he will announce he won't run for re-election.
The dominos fall, threatening US hegemony
http://online.wsj.com/article/SB1000142405274870344590457611822322329356...
Barry made his re-election announcement not too long ago too.
My gratitude for the explanations - never even thought of using Google!
American military wogs are getting their asses kicked in Afghanistan - world's most powerful military in Afghanistan for 10 years?
"Greetings fellow Egyptians. In the interest of...uh...national security, I am speaking to you now from the City of London, from whence I will conduct affairs of state until such time as it becomes necessary to transfer power to another pupp--I mean, duly elected president. Allahu Akbar."
Telephone rings in Cairo:
Bang Dai-Ho: Herrow, Hosni? .....me see you on TV.
Hosni: Oh... hello Bang. Been a long day.... whats up?
Bang Dai-Ho: Me say, have young girls for you. Make happy. You retire.
Hosni: But Bang, but I'm 82 years old and already married.
Bang Dai-Ho: Oooh is best part.... names Shi-No Kair and Lik-So Goud
I tell you, it never gets old. It's like saying "that's what she said." It's funny every time.
My 2 favorites...
http://www.youtube.com/watch?v=OOLBZr3UXmA
Almost forgot about them. Love Austin Powers
Jones Lang LaSalle must have just struck a deal to build office buildings and shopping centers in Egypt...
LOL...
Oh, so THAT's why lumber prices are going up.
Robo, it is comical.
I know this industry well.
I have never, ever seen some of the shittier stocks on the exchange behave this way, ever.
I would compare this with the dot.com bubble.
I don't know what's worse: A company with no earnings, but with little debt, rocketing to unfathomable highs, or a company with negative earnings, and masses of debt doing so...
The Davos halo effect, which will probably wear off when reality sets in.
I can agree with this; the more BK the stock, the more it went up.
Always had a question as to how equities would behave during an inflation, prior to the entire crash, back in the mid 00s. guess I got my answer lol
I'm gonna guess that Egyptians aren't going to be too excited about Mubarak stepping down at the next election. If an American politician cut the US off the Internet, and disabled mobile phone service, covered the country with shock-troop police, Americans would be just a little upset... If he isn't gone by tomorrow mid-day what do you bet that they storm the palace?
Load up on the gold.
Does he really double, triple, cross his heart hope to die pinky promise that he will not really run again??
Debka says Obama and Egyptian Army brass have today told Pharaoh Hosni I to step down:
http://www.debka.com/article/20619/
Well it is obvious that the internal security forces could not handle the situation and the army decided to stay out of it. So what choices does he have? To tell police conscripts to go and shoot their fellow Egyptians would be a order from hell itself under these conditions. When millions of people are in the street, it is game over for any government. Perhaps we could learn something from the muzzies. Let the games begin here in the states gentlemen.
Wishful thinking.. In foodstampistan?.. Hardly.. I use to hope for this.. not anymore.. I like my chances of winning the Mega Millions better.. I have 130 people on my facebook.. I posted that emotional video of Egyptian calling for freedom.. 2 people liked it, no comments..
Al Jazeera reports that as soon as the announcement came that Mubarak would be speaking, an article appeared at NYT that Obama told him not to run in the next election... The administration desperately trying to remain relevant here.
BTW, I'm keeping the money bitchez!
Waiting with baited breadth. Pun intended. Gibbs need to finish his fluff job first.
You implying Gibbsies little dong look like earthworm, white boy?
His head should adorn an obelisk in the square.
"My name is Ozymandius . . . "
This tells me that this could be done here as well. I mean all we need are the numbers. The more people in the street the better. No guns needed. Just determination. Are you ZH members ready yet? Let's do the thing.
as soon as my show is over and i finish this slab of ribs. lol
is wrestling on tonight? i forget.
Didn't you people hear Bibi Natanyahu yesterday? He "Urgerd" president Obama and the rest of the world not to be too harsh on Mubarak. Rest assured even if Mubarak resigns the same ruling party will be in charge. They might through the demonstrators a bone or two but thats about it. Democracy or even stability in the MiddleEast will not happen until the Palestinian issue is resolved.
"Urgerd"?
Isn't that what happens when you reach down for the soap in an Egyptian sauna?
curious how he won't speak until after the market closes....
Its 11 PM in cairo. What the hell is he doing up this late?
Haven't you been paying attention?
He's been supervising the loading of the gold onto suitable transport.
watchin the zillions still out in the squares chanting LEAVE LEAVE
OMG. Mubarak is blowing it.
Here it comes...
"Chaos or stability. Now choose."
Right, and in Egypts case 'stability' means you live on $1 a day, 'chaos' means govt officials run for their lives. I say off with all their heads.
Hey, it worked for Hank Paulson.
my thoughts exactly...and we all know how well that worked out...and for whom.
We should try that here.
DOWN WITH MU-BARACK OBAMA!
He is not going . ha ha ha ,
oh good grief. here comes the cops again.....this idiot is getting very bad advice. they want him out of there now, not in a few months. if they fall for this, it is a big mistake.
read my post above...925081
Yes it is correct. Its really all about that bandit state known as israhole. it has been this way since the early 2th century. Mubarak looked the other way, while many Palestinians died in Palestine and did nothing. They are sick of him and his bogus crap. I am sick of Israhole and its bogus crap. I hope they do not give in on this issue. It is their country. They must realize what is at stake here.
I agree that Israel is the main problem in that area and the way APAC has a hold on the US foreign policy makes me sick. Having said that, truth is Egypt has sacrified many of its son in defense of palestine and palestinian cause.
they need to march on the palace tomorrow morning, first thing. no more games. no more bullshit.....
++
I hope they don't fall for all this fluff.. Absurd
blood has been shed. there is no turning back. the die has been set. they cannot accept this bullshit. they are trying to screw with the people. they must not go for this bullshit. they must not accept anything less than what it is they truely want. this is a compromise. they do not want this. i hope they do not fall for this bullshit...
its funny he says he is going to die on egyptian soil when all of his family members have flown the coop now and are livng in style somewhere courtesy of stolen money in their swiss bank accounts....i hope the people do not go for this bullshit.
Shorter Mubarak: "Okay whatever you jokers. I'll not run for office again. But I'm taking all the time I need to pick my successor. Enjoy your election or whatever you want to call it. You are screwed either way."
Since when is 7 months a "very few months"?? He's talking to his people like they're idiots.
Since it only takes that long to loot the Egyptian treasury...
That entire speech was for the benefit of Western media. "See I'm a cool guy, I'm giving up." But the Egypt citizens understand that he'll use the time to unwind their own goals. He can arrest and kill a lot of "thugs" (as he called them) before the next election. His party will stay in power if he's given that time, and the West will be happy to help him.
Few as in you can count on one hand...+/-
sooo.....he says he will "die on the soil of Egypt." Is that some kind of dumbass dare or something? Who the hell writes this guy's speeches? Oh wait....he's a dictator (for now)...he writes his own...
Well I'm sure this will all go over swimmingly well with the mobs and all it's all good for USA stocks!
Egyptian president Hosni Mubarak- "I cannot resign until I get my gold moved."
There will be blood.
He is going to die on Egyptian soil at the hands of a Col in the army or a security guard. Bix fucking mistake Hosni "You got to know when to hold them and know when to fold them."
It's a trap. Let's see if the mob takes the bait?
Bet Foggy Bottom and Langley are crapping their pants.
JUST LEAVE MUBARAK!!! NO MORE MONTHS JUST LEAVE TODAY
follow Mona Eltahawy on twitter
I'm going to follow her back to her flat as soon as I can get her out of Tahrir Square!
Hosni cannot leave...apparently his pyramid is not completed yet.
well he just signed his death warrant...and probably his families also....what a stupid idiot...what is he going to do in the next few months OTHER than protect his turf.....nothing else....he will just get the gold out to the country de jour.......what is it today? England....
Paraphrasing a protester after speech: "I guess the only thing left is to storm the Presidential Palace which I would hate to see, because it would be lose of life and damage the country. We need to think this over. They might trick us, but everyone will be back on the streets again if they do."
"[When Mubarak said he will die on the soil of Egypt] we thought that was a really good idea, sooner rather than later."
a siege...start a siege.....fart in their general direction....throw a dead cow at him....
Wow what an idea! 2 million Egyptians farting upwind from Mubarak should surely make him leave. "Let them eat beans!"
Oh, and think how much worse it would be if they didn't shower or use deodorant....oh wait...
He isn't finished looting yet.
This whole thing is not a question about what is for breakfast, lunch and supper. It is about 30 years of brutality, injustice and disrespect of the common man. It is about dishonesty, intolerance, and suppression.
To trivialize this as a 2 million person riot for food money, is disrespectful and humiliating to the Egyptian people. It is sooo American.
It's the sort of thing we would riot about, so of course we think everyone else is the same way.
You should see how our media reports these things. They make it seem like a bunch of pampered university students are kicking up and the police are in control. It's really sick.
Oh, we take it very seriously but there's such a thing as carrying too much baggage. There's 90 million in Egypt not 2 million.
Where's your tears for Venezuela? Iran? Cuba? North Korea? Tunisia? Jordan? Israel? The Afghani women? The Iraqi women? The Albanian genocide? Where were you when the walls in Berlin came down? We died for it. We still had 50,000 troops there at Germany's request after we defeated the Nazi's.
You're disrespectful and full of yourself. It is sooo typical marxist Eurotrash. All talk and nothing but wreckage.
He won't run? He better fucking run.
He wants an orderly transition. Yeh right! Orderly looting, and a nice safe self imposed exile.
The only challenge left is figuring how to smuggle out the Pyramid of Cheops.
This fucking douche just won't give up. Time for action. Run him out of the country.
And ask Mubarak to leave Egypt, too.
I do hope the Egyptians remember that Hosni simply not running was the White House's advice to him.
ZH amazing prediction..yet again!
They interupted Judge Judy with this!
Threaten to stop Egypt's importation of Grecian Formula - that will bring him to his knees. Seriously, this is a watershed moment for Egypt and the many nations of the third world who have been pillaged over the years. I can only hope that Victor Hugo's quote will come to pass: "All the armies in the world cannot stop an idea whose time has come."
talk about out of touch...this guy is cooked and he doesn't seem to know it. Kinda like Marie Antoinette's indignation at being driven to her execution in a horsecart instead of a carriage befitting her status
If they get the army involved, all hell will break loose and civil war will erupt.
and yet it continues it's crash. One Indicator in crash mode. BDI
Geopolitics are a nice diversion to the upcoming crash.
http://www.bloomberg.com/apps/quote?ticker=BDIY:IND
I would like to see that with a % utilisation overlay.