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Coup Under Way In Egypt, President Advisor Says, Warns About "Considerable Bloodshed", "Tanks On Streets"

Tyler Durden's picture




 

The Egypt drama is reaching its inevitable, and largely expected, conclusion. From Reuters:

  • EGYPT PRESIDENT'S NATIONAL SECURITY ADVISER SAYS MILITARY COUP UNDER WAY
  • NO MILITARY COUP CAN SUCCEED AGAINST POPULAR RESISTANCE WITHOUT CONSIDERABLE BLOODSHED -MURSI AIDE
  • MURSI ADVISER SAYS EXPECTS ARMY, POLICE VIOLENCE TO REMOVE PRO-MURSI DEMONSTRATORS
  • EGYPT BROTHERHOOD SPOKESMAN SAYS TANKS ON STREETS, VIA TWITTER
  • SEVERAL HUNDRED EGYPTIAN SOLDIERS, TOGETHER WITH ARMOURED VEHICLES, PERFORM MILITARY PARADE ON MAIN ROAD NEAR PRESIDENTIAL PALACE - REUTERS WITNESS

In other words, if Morsi leaves, you get a Civil War.

Elsewhere: 

As for the US...

 

 US stocks, in the meantime, at day's highs.

As always, follow the live action below:

and from Bloomberg:

 

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Wed, 07/03/2013 - 14:45 | 3719068 SilverRhino
SilverRhino's picture

You must have missed that part of Christianity called the New Testament.  

 

Romans 13:8-10 

8 Owe no one anything, except to love one another; for the one who loves another has fulfilled the law.  9 The commandments, "You shall not commit adultery; You shall not murder; You shall not steal; You shall not covet"; and any other commandment, are summed up in this word, "Love your neighbor as yourself." 10 Love does no wrong to a neighbor; therefore, love is the fulfilling of the law.

Pretty much washes out all the bad parts of Leviticus.  

Islam has never had a Reformation or a New Testament to correct the excesses of the Koran and the Hadith.   

Wed, 07/03/2013 - 15:14 | 3719202 thisandthat
thisandthat's picture

You must have missed that part of Christinanity called facta, non verba... and then, again, go tell that to "Christians", namely, the american...

Wed, 07/03/2013 - 14:05 | 3718887 de3de8
de3de8's picture

We get it, they are worse than animals.

Wed, 07/03/2013 - 12:55 | 3718514 thisandthat
thisandthat's picture

Yeah, because Christians and Jews aren't, either...

Also, infidel refers to non-believers (atheists, namely): Christians and Jews are part of what they call the "People of the Book". Obviously, (ignorant) fanatics are everywhere and among everyone.

Wed, 07/03/2013 - 13:27 | 3718684 WillyGroper
WillyGroper's picture

The term infidel originated with the CATHOLIC CHURCH. 

Wed, 07/03/2013 - 12:27 | 3718361 Ghordius
Ghordius's picture

the phrase "buy when there is blood on the street" is allegedly from one of the Rothschilds

Wed, 07/03/2013 - 12:15 | 3718293 robochess
robochess's picture

Meteor heading towards earth, ice caps melting, fucking $SPX pops to a 21,000 and the Dow goes to 1,000,000,005

 

Wed, 07/03/2013 - 12:16 | 3718296 Darth Mul
Darth Mul's picture

The military wasn't happy with him anyway, but my understanding is that when Morsi {or it might have just been one of his aides in the MB - not sure} called for Assad to be overthrown, couching it in jihad-against-apostates terms, that was the last straw.

There may or may not be a distinction between the FSA and Al Nusra, but it has become clear, not that the media is giving it much attention, that many of the 'rebels' are outright targeting Christians for murder.  Apparently, that has no impact on the zeal for our own government to destabilize that country, with money and arms and logistics provided to the very people engaged in jihad against religious and ethnic minorities.

 

If you've figured out why our government is supporting the rebels when the punchline is going to be years of war, ethnic cleansing and Balkanization - good for you.  I've read several pieces on here declaring that its all about Qatari pipelines, which is odd, given the fact Saudi Arabia isn't on board, and a failed state isnt the best place to run pipelines through.  Weakening Hezbollah and Iran ahead of the planned attack on the latter seems more likely to me.

Wed, 07/03/2013 - 12:17 | 3718303 Uchtdorf
Uchtdorf's picture

I thought (have) Mercy kicked out the little green army men generals he didn't like and installed his own sycophants.

Wed, 07/03/2013 - 12:18 | 3718312 hugovanderbubble
hugovanderbubble's picture

SHORT FRENCH EQUITIES

 

SHORT ITALIAN EQUITIES

 

SELL FRENCH BONDS

Wed, 07/03/2013 - 12:20 | 3718320 ShrNfr
ShrNfr's picture

Al Hayat reports that Morsi has now been detained by the military.

Wed, 07/03/2013 - 12:20 | 3718322 ebworthen
ebworthen's picture

AC/DC - "If You Want Blood"

http://www.youtube.com/watch?v=H4DRPSb8wvg

Wed, 07/03/2013 - 12:20 | 3718325 Jumbotron
Jumbotron's picture

"The time to buy is when there's blood in the streets."

Baron Rothschild

Wed, 07/03/2013 - 12:24 | 3718342 falak pema
falak pema's picture

preferably Boney's blood if you go short on french toast and long on british roast. 

Wed, 07/03/2013 - 12:22 | 3718335 falak pema
falak pema's picture

so the americans have abandoned Morse code?

What will the CIA do now to send its messages?

Use plain language out in the open?

Wed, 07/03/2013 - 12:27 | 3718364 maneco
maneco's picture

ORDO AB CHAOS

Wed, 07/03/2013 - 12:29 | 3718367 ekm
ekm's picture

Civil war, my ass.

Miltary takes over. They imprison MB guys.

IMF releases the 4.8 billion loan.

 

Everybody's happy

Wed, 07/03/2013 - 12:29 | 3718377 XitSam
XitSam's picture

This time we will get the intervention right! We promise!

Wed, 07/03/2013 - 12:36 | 3718412 kw2012
kw2012's picture

Time for another show trial. 

 

Nail him on embezzlement, fraud, corruption charges.

Wed, 07/03/2013 - 12:42 | 3718452 moonstears
moonstears's picture

He's Lucky that the "religion of "peace" prevails there. Whew, I'm holding my breath for that surely fair trial, you elude to.

Wed, 07/03/2013 - 12:38 | 3718429 BandGap
BandGap's picture

They are out of FOOD. It's the same fucking reason this whole bag of shit started burning a little over a year ago.

Egypt is the LARGEST importer of wheat in the WORLD. When Mursi, Morsi, Morrissey or whatthefuckeverhisname is didn't focus on making sure people had something to eat OUT HE GOES.

Ofucker gave them tanks and planes, he has shit for brains. Or not.

Wed, 07/03/2013 - 12:58 | 3718538 Proofreder
Proofreder's picture

+10

You, sir, have hit the nail on the head.

Not to mention the ongoing government fuel subsidy which promotes $.60 gallon gasoline.

Wed, 07/03/2013 - 14:29 | 3718867 Things that go bump
Things that go bump's picture

Egypt was historically the bread basket of Rome, the largest exporter of grain in antiquity, producing such a great excess that it allowed Rome to keep its underclasses fed and pacified with free bread. I understand that the population of Egypt is much greater than at those times, but with modern farming methods you would think that they could still feed themselves. I wonder if this has something to do with the Aswan dam stopping the yearly inundation that deposited rich new alluvial soil every year and gave them their abundance or if they have been robbed of the means of production in some other way. Interesting. 

Wed, 07/03/2013 - 12:43 | 3718457 icanhasbailout
icanhasbailout's picture

What, other than to put our government's arrogance on public display, could possibly be accomplished with this statement?

 

Our State Department could really use a cup of STFU.

 

Wed, 07/03/2013 - 12:49 | 3718483 Father Lucifer
Father Lucifer's picture

So this is how it will look. Fucking amazing to be able to watch this shit live. I'm old and could never had imagined this in my wildest dreams. With comercials non the less, how fucking bizarre.

Wed, 07/03/2013 - 12:52 | 3718502 sbenard
sbenard's picture

It's so nice to know that even violence and authoritarianism are reasons for the markets to rejoice in this new utopian world!

Wed, 07/03/2013 - 12:57 | 3718529 ndetmer
ndetmer's picture

Morsi should do this to buy some more time

http://www.youtube.com/watch?v=SbWg-mozGsU

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