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Locked on 02/02/2011 7:40:50 AM PST by Sidebar Moderator, reason:
New live thread: http://www.freerepublic.com/focus/news/2667337/posts |
Posted on 01/28/2011 9:14:48 AM PST by SE Mom
From FOX:
DEVELOPING: Loud explosions and gunfire were heard in the Egyptian capital of Cairo Friday, as protesters demanding the removal of President Hosni Mubarak defied a curfew, Al Jazeera reported. Egyptian television reports the ruling party headquarters in Cairo are on fire.
From TWITTER:
WashingtonPost: Clinton: We urge #Egypt authorities to allow peaceful protest, reverse unprecedented steps it has taken to cut off communications less than 20 seconds ago
The longer the better, imo. Once he steps aside, there is no telling what will happen.
” Getting ready to watch the Markets today.......should be pretty interesting and hopefully not bloody! “
Odd - Turbotax Timmie Geithner spent yesterday evening at a quickly-laid-on dinner to commune with ‘former Treasury Secretaries’ (was a ouija board provided??) —
And this morning, the DJIA is UP - with the market apparently blissfully unaware of the upheaval in the ME....
Something’s just not passing the ‘smell-test’, here.....
The market makes no sense these days. Trading is low volume, yet the average is higher. The volatility of the Dollar is behind most of these crazy statistics.
I'm not betting on anything right now. Even if ElBaradie announces that he is now King.
I don’t trust the market anymore to explain, predict or reflect. Ever since TARP it’s been odd.
I saw that the students were able to get out safely. Thank God!
They have injected close to 4 Trillion dollars into several American Corporations since TARP, (About 40) for them to us use, invest and use for “research”, and not one News outlet or MSM report about any of it. It's like this is happening in another Universe or something.
And J.P. Morgan has been given the Food Stamps scam, with now over 150 million people holding Food Credit cards. And, of course all the corruption that Goldman Sachs has already been involved in. This is beyond unprecedented!
At least we know we will get unbiased info from Cooper, right? /sarcasm
1512: BBC security correspondent Frank Gardner says: “Out of all of Egypt’s state institutions, it is the military that is now facing the biggest dilemma. Should they continue to support their clearly unpopular president, or urge him to step down as Tunisia’s military did with their president earlier this month? Clearly, the street protests have not yet reached the tipping point where senior military officers withdraw that vital support, even if some units have been allowing protesters to draw graffiti on their vehicles calling for the president’s removal. Featuring prominently in their calculations will be the annual military subsidy from Washington, totalling $1.3bn. The Egyptian military know that would probably be withdrawn if their country moved to an Islamist government so there will be many who want to preserve something of the status quo. But the true test for the military may yet be to come. And that is the street protests grow out of control and Egypt’s largely popular military are ordered to open fire on their own people, a nightmare scenario for government and protesters alike.”
1505: BBC Arabic’s Nagwa El-Gebeily has just spoken to Um Muhammad, a housewife who lives in Cairo’s al-Matariya district, about rising food prices, which have been a trigger of the recent unrest in North Africa. “Some goods are available on the shops, but they’re expensive, and there are large queues for bread,” Um Muhammad says, adding that there is a severe shortage of fresh vegetables. “We are worried about everything - the whole world, the whole country, our children, our work. Not just food,” she adds.
1453: Former UK Prime Minister Tony Blair, now a Middle East envoy, tells the BBC that President Hosni Mubarak should be involved in any democratic change in Egypt. “You’ve got a regime that has been in power for a long time; you’ve got a movement for democracy and change; but you’ve also got an Islamist movement, which means you cannot be sure what type of change will be produced there,” he says.
http://www.bbc.co.uk/news/world-middle-east-12307698
A sour note in the Egyptian rendition of “Kum-Ba-Yah”??
{this is a cross-post}
http://www.freerepublic.com/focus/f-news/2666117/posts
Egyptians have reservations about ElBaradei
Reuters ^ | Jan 31, 2011 | Jonathan Wright
Posted on Monday, January 31, 2011 8:28:22 AM by Ooh-Ah
Egyptians on the streets of Cairo said on Monday they had reservations about opposition leader Mohamed ElBaradei, who has offered to act as transitional leader to prepare Egypt for democratic elections.
ElBaradei, former head of the International Atomic Energy Agency (IAEA), returned to Egypt on the eve of the protests which swept the country on Friday, when tens of thousands of people called for the overthrow of President Hosni Mubarak.
Awarded the Nobel Peace Prize for his work with the IAEA, ElBaradei and the powerful Muslim Brotherhood said on Sunday he had a mandate from opposition groups to make contact with the army and negotiate a government of national unity.
At least one opposition party, the Arab nationalist Karama Party of Hamdin Sabahi, has rejected ElBaradei outright as a transitional figure, saying he was trying to jump on the bandwagon of the popular uprising.
...
“NOT NEUTRAL” ON IRAN
...
“ElBaradei’s positions toward other Arab countries, and toward Iran and North Korea, were not neutral... So I don’t find him very acceptable,” said Walid Abdel-Mit’aal, 36, who works for a public sector company.
(Excerpt) Read more at reuters.com ...
There is an article on the main board which I found of interest. The comments shook me also. Should I, if posting post be the article link or the link from the main board with the comments?
To my way of thinking, this thread serves as a clearing-house and archive for this crisis, so I cross-post quite a few articles from the ‘main board’ that I feel might be relevant...
(Other posters to this thread may disagree, of course..)
If you look at my last post, you’ll see the format I use...
Please put me on the list.
This is wonderful news.
” I couldn’t do html with twenty dogs leading the way... “
Me either —
Everything I do is simple “Copy-Paste”.... ;)
Please add me to your list. Thank you very much.
If it’s an article I found on FR, like Uncle Ike I would post the FR link, then maybe the headline or quote the point(s) I found of interest. It might look like this:
http://www.freerepublic.com/focus/f-news/2666132/posts
Malcolm Hoenlein Tells YWN Egyptian Opposition Figure Mohamed ElBaradei Is ‘Stooge Of Iran’
...
Also- there might be a comment/post in the middle of a thread that seems apt- then I’d post the link, and the post # like this:
http://www.freerepublic.com/focus/f-news/2666065/posts
See post # 21
It's been odd since at least the Clinton years.....
And in fact, I think the markets are not really driven by market forces per se, anymore -- at least, not in the sense people usually think of them: money following and rewarding good business decisions, and punishing bad ones.
The majority of market volume is controlled by software, which seems to be oriented more toward making money off of short term price fluctuations than anything else.
Large swings seem generally to be prompted by emotional reactions and "Tulip Craze" considerations that have limited contact with actual market conditions. Somebody gets ginchy about oil or something else, and everybody starts to pile on ... and the software begins responding to the emotional price spike.
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