Thursday, February 10, 2011

Mubarak Refuses to Step Down, Crowds Furious, Silence From Obama

Just when everyone thought Mubarak stepping down was a done deal, we find out otherwise. Needless to say, the protesters in Cairo and Alexandria are furious.

Please consider Mubarak Refuses to Step Down
President Hosni Mubarak told the Egyptian people Thursday that he would delegate more authority to his vice president, Omar Suleiman, but that he would not resign his post, contradicting earlier reports that he would step aside and surprising hundreds of thousands of demonstrators gathered to hail his departure from the political scene.

In a nationally televised address following a tumultuous day of political rumors and conflicting reports, Mr. Mubarak said he would �admit mistakes� and honor the sacrifices of young people killed in the three-week uprising, but that he would continue to �shoulder my responsibilities� until September, and did not give a firm indication that he would cede political power.

Even as Mr. Mubarak spoke, angry chants were shouted from huge crowds in Cairo who had anticipated his resignation but were instead confronted with a plea from the president to support continued rule by him and his chosen aides. People waved their shoes in defiance, considered an insulting gesture in the Arab world.

�We will not accept or listen to any foreign interventions or dictations,� Mr. Mubarak said, implying that pressure to resign came from abroad as opposed to masses of people demanding his ouster through his country.
Cairo Live Feed MSNBC



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Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
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