Why is the media freaking out by suddenly reporting Mubarak is worth billions?
It has been widely reported the U.S. and other countries have given Egypt money,military supplies and equipment and so on.
Also Most importantly: what amendments did Mubarak make in today’s speech? (SEE BELOW: The amendments/law that was stopping the muslim brotherhood from gaining power was/is because they were religion based-)
If you go to Clinton’s official site
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U.S. agricultural sales to Egypt average $2 billion annually. .... and diplomatic expertise give Egypt extensive political influence in the Middle East and ... provided hundreds of millions of dollars in financing to enable the Egyptian
Principal political parties: National Democratic Party (ruling). Principal opposition parties—New Wafd Party, Al Ghad Party, Democratic Front Party, National Progressive Unionist Grouping (Tagammau), and Nasserite Party.
Suffrage: Universal at 18.
Economy
GDP (FY 2009 est.): $188 billion.
Annual growth rate (FY 2009 est.): 4.7%.
Per capita GDP (PPP, FY 2009 est.): $5,650.
Natural resources: Petroleum and natural gas, iron ore, phosphates, manganese, limestone, gypsum, talc, asbestos, lead, zinc.
Agriculture: Products—cotton, rice, onions, beans, citrus fruits, wheat, corn, barley, sugar.
Industry: Types—food processing, textiles, chemicals, petrochemicals, construction, light manufacturing, iron and steel products, aluminum, cement, military equipment.
Trade (FY 2009): Exports—$25.2 billion: petroleum, clothing and textiles, cotton, fruits and vegetables, manufactured goods. Major markets—EU, U.S., Middle East. Imports—$50.3 billion: machinery and transport equipment, petroleum products, livestock, food and beverages, paper and wood products, chemicals. Major suppliers—EU, U.S., China.
In March 2007, Mubarak introduced several constitutional amendments that would increase presidential powers and, more significantly, ban any political parties based on religion, race, or ethnicity. The amendments were put to a popular referendum and, despite low voter turnout and boycotts by opposition groups, passed with 75.9% approval.
Egypt’s judicial system is based on European (primarily French) legal concepts and methods. Under the Mubarak government, the courts have demonstrated increasing independence, and the principles of due process and judicial review have gained greater respect. The legal code is derived largely from the Napoleonic Code. Marriage and personal status (family law) are primarily based on the religious law of the individual concerned, which for most Egyptians is Islamic Law (Sharia).
Principal Government Officials
President—Mohamed Hosni Mubarak
Prime Minister—Ahmed Nazif
Minister of Foreign Affairs—Ahmed Aboul Gheit
Ambassador to the United States—Sameh Shoukry
Permanent Representative to the United Nations—Maged Abdel Fattah Abdelaziz
The Muslim Brotherhood, founded in Egypt in 1928, remains an illegal organization and is not recognized as a political party (current Egyptian law prohibits the formation of political parties based on religion). Members are known publicly and openly speak their views, although they do not explicitly identify themselves as members of the organization. Members of the Brotherhood have been elected to the People’s Assembly and local councils as independents, and most recently scored a major victory in 2005 parliamentary elections, winning 88 seats, thus forming the largest opposition group.
http://www.state.gov/r/pa/ei/bgn/5309.htm
further from your link:
Egypt played a key role during the 1990-91 Gulf crisis. President Mubarak helped assemble the international coalition and deployed 35,000 Egyptian troops against Iraq to liberate Kuwait. The Egyptian contingent was the third-largest in the coalition forces, after the U.S. and U.K. In the aftermath of the Gulf war, Egypt signed the Damascus declaration with Syria and the Gulf states to strengthen Gulf security. Egypt continues to contribute regularly to UN peacekeeping missions, most recently in East Timor, Sierra Leone, and Liberia. In August 2004, Egypt was actively engaged in seeking a solution to the crisis in the Darfur region of Sudan, including the dispatch of military monitors. Following the September 11, 2001 terrorist attacks on the United States, Egypt, which has itself been the target of terrorist attacks, has been a key supporter of U.S. efforts against terrorists and terrorist organizations such as Osama bin Ladin and al-Qaeda, and actively supported the Iraqi Governing Council, as well as the subsequent government of Prime Minister Allawi. In July 2005, terrorists attacked the Egyptian city of Sharm El Sheikh. In the same month, Egypt’s envoy to Iraq was assassinated...