Military Counter-Coup In Egypt? Prime Minister Hands In Resignation Of Government

Tyler Durden's picture

And in tried and true fashion, the counterrumor arrives:

Egypt cabinet spokesman denies report that PM handed in resignation of whole government

From Reuters:

- A spokesman for Egypt's interim government on Tuesday denied a report that the entire cabinet had resigned.


Al Jazeera television had carried a headline stating that the Prime Minister Essam Sharaf had handed in the resignation of the whole government.


But a cabinet spokesman, Mohamed Hegazy, denied the report and said the government was continuing to work.


An army source also denied the TV report which had followed the resignation, announced in Egyptian state media, of Finance Minister Hazem el-Beblawi.


That revolution sure was fun while it lasted.


This follows the announced resignation of the finance minister earlier today:

Egypt's Finance Minister Hazem el-Beblawi has quit after less than three months in the post over the government's handling of a protest by Coptic Christians on Sunday night, an aide to Beblawi said on Tuesday.


The protest ended with clashes between the army and demonstrators that killed 25 people, making it the deadliest outbreak of violence since the ousting of Mubarak in February, and sparked anger among Copts and rights activists.


Beblawi was appointed in July by the ruling military council which took power after the overthrow of President Hosni Mubarak earlier this year. His resignation was confirmed by state news agency MENA.


Beblawi resigned "in protest at the government's handling of the events at Maspero", the aide said, referring to the area of Cairo where the clashes took place.

It is unclear how those $1 billion of US-guaranteed Egyptian notes will fare now that the much anticipated "Thermidorian reaction" counterrevolution has come.

More as we get it.

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Mutatto's picture

Big fat Egyptian pension?

dlmaniac's picture

So much for Egypt embracing democracy. There are already reports that their Christians are harassed and attacked by others. You didn't see that coming when you called for Mubarak's removal, did ya Mr. OweBummer?

HellFish's picture

He saw it and he stands with the muslims.

karzai_luver's picture

He is at the head of a criminal regime that kills muslims and any other that dare step out of the line the world over.


A very twisted way of being for the muslims.


tool time


GottaBKiddn's picture

The egyptian military has been receiving money from the western governments for many years, nothing new here. But we can thank the egyptian military for quickly showing us the results and intentions of the OTPOR "revolutions" that are bringing democracy to the downtrodden masses, especially in their latest effort known as OWS.

BrocilyBeef's picture

This is gonna be fun.

Walk like an Egyptian, Talk like an Egyption, Dissolve the Gov like an Egyptian

Spirit Of Truth's picture

This, along with the ongoing crisis in Syria, is extraordinarily dangerous IMHO.  While the Elliott Wave count might be indicating Oct. 4 was the low of intermediate wave 1 down, this is not written in stone.  There's still the potential that some sort of autumnal crash is in the making and it could take the form of war.  The peak danger is between the full moon and new moon this month and the full moon is hours away:

LFMayor's picture

ahhh.  Fond memories of the Bang-Alls.   Let us reflect.

Uncle Sam's picture

This is a rough estimate of how it works:

The Copts (Christians) in Egypt are finished, just like there are no more Christian churches in Afghanistan (after the US Christians "saved" them, at a cost of trillions of dollars):

And now, no prosecuting of Domestic Violence in Topeka, Kansas:

With a significant Muslim population in Topeka, this is very good news - See #1.

Coming to a city near you.

Bob's picture

Afghans don't feel the Christian love yet?

Christ, we must have given them a million bombs by now, and delivered them for free.  On our own initiative! And if that ain't the spirit of generosity itself, I don't know what is. 

They've even got their opium fields back in bloom. 

What more will it take to save these people--Mel Gibson himself?



ZeroAffect's picture

"Afghans don't feel the Christian love yet?"

No, but Afghans are getting a dose of Lucifer's betrayal. Besides, did you not know that America's military apparatus burns Christian bibles that are sent to its own soldiers?

bigkahuna's picture

Screw this backward ass shit hole. We have plenty of our own problems to deal with--including our own politicians, the UN and NATO. What a bunch of scum sucking dirtbags.

kito's picture

dont worry HERMAN CAIN wil fix it. hes the best. he will lower your taxes AND expand the monetary base!!!! noting better than a former FED chairman as PRESIDENT OF THE UNITED STATES!!!!!!

HelluvaEngineer's picture

In 9 days he will print 9 trillion dollars and give it to the 9 largest banks!

MFL8240's picture

No, lets leave Obama in for 4 more yeras so we have no country left.  Sound better to you fool?

kito's picture

@mfl8240  fool...riiiigght..keep voting within the same paradigm jackass and you will get what you deserve.....

karzai_luver's picture

I hear Mitt wants to build a bunch of ships and sail them into the COptic's area there and bring peace and order.


Ponzi MIC onward christian.

You realize we supported a gvt that killed COps long before this , o right that didn't make the MSM,


tool time


MonsterZero's picture

Unless 1% of the population is actually killed I think revolutions are bound to fail

Ecoman11's picture
Reuters Breaking News: Egypt cabinet spokesman denies report that Prime Minister handed in resignation
rwe2late's picture


That "revolution"?

The term "revolution" is misapplied in this case. There was no transfer of power away from the ruling establishment.

Never really was there a revolution. The military was in power. The military remains in power. Was more like a coup to short-circuit the popular protests.

Mubarak was ousted, but the generals (backed by the US government) still run the show.


FMR Bankster's picture

Correct. Significant elements of the military were looking for a way to get Mubarak out because of his desire to pass power to his son. The uprising provided a way to get it done under the cover of popular will. Military remains in firm control. The military can work with, and incorporate elements of the Muslim brotherhood into it's operation. Only real difference will be more fundamentalist islamic activity in society and a more hostile public attitude towards Israel. However, no risk of war as they are dependent on us for weapons and ammunition supplies.

Ms. Erable's picture

I don't think they're too worried about being cut off from the weapons teat - Uncle Sugar needs their cash. Some Egyptian M1A1 tidbits for y'all:

rwe2late's picture


February 13, 2011

CAIRO, Feb 13 — Egypt’s new military rulers will issue a warning today against anyone who creates “chaos and disorder”, an army source said.

The Higher Military Council will also ban meetings by labour unions or professional syndicates, effectively forbidding strikes, and tell all Egyptians to get back to work after the unrest that toppled Hosni Mubarak.

The army would also say it acknowledges and protects the right of people to protest, the source said. — Reuters 


MFL8240's picture

Another sucess for Obama and his communist movement.  This shit needs to end and he needs to get the hell out of office, he is a danger to the world.

WonderDawg's picture

I think you're giving Hopey the Clown too much credit. He isn't making any significant decisions. He is told what position to assume, and he assumes it. He's a puppet, and TPTB probably think he's a good one. He looks convincing, his mouth moves in perfect unison with the words he's given to read. He lifts his chin and looks down his nose, which is supposed to be a powerful, presidential kind of look and makes for a good picture. But the only danger he represents is by being persuasive when he talks to his "people", and even that charade is wearing thin. His usefulness is on the decline.

karzai_luver's picture

The only peeps in the world that don't laugh and ridicule the bomber in chief are dopes like you still stuck in the red/blue tool shed.


tool time




Parth's picture

There is no oil in Egypt. But it does spoil my Pyramid holiday coming up. I think I will try a quick tour Cairo and Luxor before some goofball messes the sites in Egypt up.

LFMayor's picture


"So I adjusted my silk, Kitty Bartholomew scarf and changed course , my powered parachute engine throbbing like a beast in heat against my lower back.  The scenic jaunt now spanned across the Valley of the Kings as I sped on my way to check a back street shop in Alexandria where some doubloons, authenticated by the Spanish government were being had for 4% over spot..

LFMayor's picture

LOL.  And the moral of the story is, no guns, no power.

Jean's picture

Gold vs Steel and Lead, how to balance the portfolio

This was intended as a reply to the message above

disabledvet's picture

Sounds like France wins again in that as they used to say during the Cold War "how many Americans does Europe need to win" and they would say ""just one." in other words as with Libya, as with Syria so with Egypt...the USA getting sucked into empire building.

Money 4 Nothing's picture

And after Syria, were off to Iran, search: 7 countries in 5 years and you will see where we have been and where we are going next, their behind schedule a bit.


And.. this changes what? Same US appointed dictator in power, so what? We keep sending them US M1 Abraham tanks and M16's to do what? To fight whom? NATO? We are NATO people. Read on to this link and nothing happens by accident besides Obama getting elected.
New American Revolution's picture


    This is not the Thermidor of the Egyptian Revolution, they are ending the 2nd stage of a revolution and now appear to be entering the 3rd and most dangerous stage, and that is the failure of the government that replaced that government which was over thrown.   The Thermidor occurs after the violent reaction of stage 3 has taken place and the winner begins to consolidate their victory.   

    I've been trying to get a post office address even for ZeroHedge so I can send you my book that is coming out in November, "New American Revolution: The Constitutional Over Throw of the United States Government", but I get no answer to   This is not surprising seeing that I inquired to advertise on ZeroHedge, got referred to your ad agent, called him and have not heard a peep since.  

   Must be a systemic failure.

   I've been seeing a number of people start to talk about revolution on the 'talking heads', especially their reaction to OWS, and I must say they are all misinformed.   Not a big surprise that all these expert pundits really don't know much about revolutions.   So  your not alone.

Segestan's picture

It requires organization to effect change , good or bad not revolutionary chaos......... Liberals only have hope and a wild dream.

karzai_luver's picture

the world proves you incorrect as nothing is organized at first and all started as a dream.


fajensen's picture

Chaos is good too: Stir the shit and see what floats to the surface, maybe it is worth something.

slewie the pi-rat's picture

"The protest ended with clashes between the army and demonstrators that killed 25 people, making it the deadliest outbreak of violence since the ousting of Mubarak in February, and sparked anger among Copts and rights activists."

the coptic christians were allegedly wondering what was holding up the promised civil/religious rights laws of the "new arab spring" post-mubarak "soon-to-be-a-democratic-nation" (after transition) and were run over when the armored personnel carriers were driven into the crowds

just christian skulls crushed by militant military APCs which may have been remote-controlled, for all we know, eh?  can't wait to see the cover of this month's Crowd Control Weekly!  smile at the camera, now, and be proud of yer new security-chip implant!

no pictures of flowers being placed by citizens in gun or tank barrels any more, either, BiCheZ!

nah's picture

wonder how angry people have to get for all hell to break loose


israel might have to guard its borders against 2 layers of refugee buffer zones lolz