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« RAW VIDEO: Police Shoot Egyptian Boy In Cold Blood | Main | Budget Deficit Widens to $50 Billion In January - 28th Consecutive Month Of Robbing The Cradle »
Friday
Feb112011

Mubarak Resigns - Tahrir Square Erupts In Celebration

Video - Egyptian people celebrate victory - Feb. 11, 2011

The question now, of course, is what happens next?  Mubarak's VP is the official replacement, but where is the Egyptian Army on any of this?  It's possible that the Army brass has different views from the enlisted men and junior officers.  Just listening to the latest reports on NPR radio just now (c. 12:30 ET), it appears that the protesters are NOT going to back down in the face of any moves by the Army to quash to demonstrations.  At least the opposition leader being interviewed said that they were "not afraid," that there were too many people for the army to shoot, and that if they planned on shooting people they would have done it already.  Clearly the protesters -- the people -- feel they have the upper hand.  They could be right.

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Swiss freeze possible Mubarak assets

ZURICH (Reuters) – Switzerland has frozen assets possibly belonging to Hosni Mubarak, who stepped down as president of Egypt Friday after 30 years of rule, a spokesman for the foreign ministry said.

"I can confirm that Switzerland has frozen possible assets of the former Egyptian president with immediate effect," spokesman Lars Knuchel said, declining to specify how much money was involved.

http://news.yahoo.com/s/nm/20110211/wl_nm/us_swiss_mubarak

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Further reading...

Huff Po - How the Mubarak Family Made Its Billions

 

 

 

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Reader Comments (7)

Good for the people of Egypt. They did a great job the past few weeks. We should be very proud of them.

Now hoping the same thing happens in Iran.
Feb 11, 2011 at 1:00 PM | Unregistered CommenterSell Short
Agreed and well stated...it would be wonderful if they can find the courage...
Feb 11, 2011 at 1:13 PM | Registered CommenterDailyBail
Daily,
The Iranian people have courage, but they are also very peaceful. Last time they decided to protest, they were shot at and beat up by the criminal police and state officials. Shame on these mullas, their days are very numbered.

Go new Egypt and New Iran!!!

Democracy is a beautiful thang!
Feb 11, 2011 at 1:35 PM | Unregistered CommenterSell Short
Los Angeles gets tough with political protesters

For acts of political protest that his predecessor treated as mere infractions, Los Angeles City Atty. Carmen Trutanich is seeking jail time.

http://www.latimes.com/news/local/la-me-protester-prosecution-20110211,0,3758689.story

Be careful out there in LA, sell short...this is unbelievable...
Feb 11, 2011 at 1:38 PM | Registered CommenterDailyBail
Iran vows Mideast without US, Israel

http://www.presstv.ir/detail/164699.html

speaking of iran...
Feb 11, 2011 at 1:45 PM | Registered CommenterDailyBail
Swiss freeze possible Mubarak assets

ZURICH (Reuters) – Switzerland has frozen assets possibly belonging to Hosni Mubarak, who stepped down as president of Egypt Friday after 30 years of rule, a spokesman for the foreign ministry said.

"I can confirm that Switzerland has frozen possible assets of the former Egyptian president with immediate effect," spokesman Lars Knuchel said, declining to specify how much money was involved.

http://news.yahoo.com/s/nm/20110211/wl_nm/us_swiss_mubarak
Feb 11, 2011 at 1:46 PM | Registered CommenterDailyBail

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