I wish good, peaceful transition to wherever they are heading. A few interesting notes on external reaction: Fitch Ratigns Agency has downgraded Egypt's credit rating from 'stable' to 'negative'. Egypt Stock market suspended after loss of > 20% in 3 days. The Egyptian pound is at a 6 year low, and falling. and other local currency (SA, Turkey, Israel) are also falling.
That is AFTER all of the financial turmoil that started this ball rolling. Ouch. On Fri, Jan 28, 2011 at 12:55 PM, Judah McAuley <[email protected]>wrote: > > On Fri, Jan 28, 2011 at 9:39 AM, G Money <[email protected]> wrote: > > > > On Fri, Jan 28, 2011 at 11:23 AM, Judah McAuley <[email protected] > >wrote: > > > >> > >> But El Baradei is under house arrest and Mubarak still has the > >> grudging support of a lot of leaders, the US amongst them. I wouldn't > >> put it beyond him to find a way through this while keeping power. > >> > > > > I'm not sure how strong the US support is for Mubarak. Egypt has been an > > ally of convenience in the region for awhile now, mostly because of their > > slightly-more-rational approach to Israel than most other countries. But > if > > the US felt a true democracy could actually take hold in Egypt.....i > think > > we'd kick Mubarak to the curb in a heart beat. > > > > But I know little to nothing about US relations with Egypt, other than > what > > i read in the papers. > > Not hugely strong support but as it stands right now, The White House > has come out against Mubarak shutting down the Internet and has pled > with him to allow dissent and protest but Biden also said, yesterday, > that Mubarak is not a dictator and when asked if Mubarak should resign > he said: "No. I think the time has come for President Mubarak to begin > to move in the direction that - to be more responsive to some... of > the needs of the people out there." > > They are trying to walk a fine line and it's hard. You don't want to > be seen as being overly meddlesome in the internal affairs of other > countries but the US also has a tradition to uphold encouraging > freedom and democracy. > > So, we'll see. Mostly I want this to all go down with as little > violence as possible and I want to see the phone lines and Internet > open up again so I can be sure that my friends are safe. > > Juda > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:333757 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
