It seems Obama and his allies have replaced a brutal dictator that acted as an ally as long as we fed him billions in military hardware for a Muslim Brotherhood dictator that hates everything we stand for. Hysterically, the Obama administration had put out a PR release that he and Morsi were really making a connection last week. A few days later Morsi assumes dictatorial powers. Maybe Obama gave him some pointers about Executive orders as a way around the Constitution.
EGYPT’S NEW DICTATOR
Posted on 26th November 2012 by Administrator in Economy |Politics |Social Issues
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Stucky says:
Islam

Islam + Democracy

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26th November 2012 at 12:12 pm
Hope@ZeroKelvin says:
Guess we can thank the Obamanistas for resurrecting the idea of Egyptian Pharoahs.
Way to go Obama – installing the Muslim Brotherhood in the keystone country of MENA.
Match meet gasoline.
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26th November 2012 at 12:16 pm
Eddie says:
Typical American foreign policy. Can’t wait for the new Arab Spring. Looks like we may have one every year for a while.
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26th November 2012 at 12:36 pm
Stucky says:
With precious few exceptions, Islam and Democracy are not compatible. (Indonesia and Turkey MAY be the exception.)
Democracy will never take root in Egypt. I could state a dozen reason, but I’ll limit it to just one.
In case the graph does not show (WPES), 85% of Egyptians favor death for anyone who leaves Islam. Democracy my big fat Boomer ass!!!

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26th November 2012 at 12:39 pm
sangell says:
Shades of Jimmy Carter telling the Shah to relax his grip on power. At least he had the excuse that he didn’t know that Muslim fundamentalism wasn’t the same religious animal as Jerry Falwell or Pat Robertson versions of Christian fundamentalism. Dubya fell for the same absurd idea that Muslims wanted Democracy if only given the chance and so has Obama with his overt overthrow of a reformed Khadafy and greasing the skids under Mubarak.
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26th November 2012 at 1:28 pm
Steve Hogan says:
I’m hard-pressed to conjure up a single instance of a legitimate foreign policy success story. Every damn decision from the White House turns into a shit sandwich. How could people this arrogant be so incompetent?
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26th November 2012 at 1:51 pm
Roysyl says:
Egypt is the proverbial canary in the coal mine. You cannot support 80 million people with only 2% of your land arable. They were an oil exporting country using the proceeds to pay of their FSA but oil production fell to where they have to import oil and the bribe money for the FSA dried up.
Egypt is the second largest recipient of US foreign aid after Israel. We aid Israel because they own the banks that own the US government. We aid Egypt because they are the linchpin of the middle east. If they turn on Israel, Israel may be in deeper shit than they can handle. Obama obviously has his tit in the wringer and it should be interesting to see how he tries to extract it.
Indonesia withdrew from OPEC (Organization of Petroleum Exporting Countries) when their production fell off. Government maintains control “at gunpoint”, the most effective marketing system devised.
Mexico pays off their FSA with oil revenues. The Cantrell was the second largest oil field in the world. It is now dropping off at 25% per year and will reach the point when they will no longer be an exporting nation. Mexico Nationalized its oil in 1936 and, so far, will not allow foreign companies to operate in Mexico to increase production or develop new fields. Interesting to see how this plays out. “We live in interesting times”
Roy
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26th November 2012 at 1:52 pm
Administrator says:
——————————————————————————–
Posted 2012-11-25 20:25
by Karl Denninger
in International But I Thought The “Arab Spring” Was Good?
Whadda ‘ya mean we just traded one dictator for another?
CAIRO – Egypt’s stock index fell by nearly 10 percent Sunday in the first trading since President Mohammed Morsi issued decrees to assume sweeping new powers, while a 15-year-old boy was killed in an attack on the Muslim Brotherhood’s headquarters and police in central Cairo fired tear gas at protesters.
“Sweeping new powers”?
Uh, no.
He effectively declared himself Pharaoh, which is of course what dictators do. Just like Mubarak did, if you remember.
The judiciary is understandably unimpressed with this move, and so is the Egyptian stock market, which immediately dropped 10%.
Of course this begs the question of what an asset is worth when the King can steal it?
The obvious answer, of course, is zero.
The concept of a secular government seems to elude all of the nations in that part of the world. Even Israel calls itself The Jewish State, which of course is utterly inconsistent with a secular, religion-blind government that respects all religious paths as a matter of conscience but gives neither fear or favor to any of them.
We don’t do such a great job here in this country either, despite the formal statement in our Bill of Rights that such adherence is verboten. It’s still common to hear politicians appeal to a Christian God; while many of us (your author included) do believe in same, that’s not the point — the point is that I can’t know if I’m right and neither can anyone else (that’s why it’s called “faith” folks!) and none of us will until we’re dead, at which point it’s a bit late to change your mind.
The problem with using faith as justification for a government’s decisions is that it places review of those decisions beyond the boundaries of the people making them. That’s always bad, as review and debate are an inherent part of good government.
It would be nice to believe that the governments of the Middle East could figure this out on their own, but sadly history since WWII (and well before that) demonstrates that we’re simply ignorant — or worse — if we believe that helping one group to depose another will lead to that laudable outcome.
Indeed, history shows that the vast majority of the time when you have an uprising, whether it be formally called a “Revolution” or otherwise, you get a result that looks much more like Hitler or Pol Pot than you do George Washington.
For those who pine for such a thing, whether it be there or here, this is the latest object lesson in what usually comes about when that path is chosen.
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26th November 2012 at 2:44 pm
Stucky says:
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26th November 2012 at 3:07 pm
sensetti says:
Massive head of a Pharoah just unearthed in Egypt.
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26th November 2012 at 4:00 pm
DaveL says:
“Maybe Obama gave him some pointers about Executive orders as a way around the Constitution.”
Maybe Hiillary wore a blue dress and gave him a cigar.
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26th November 2012 at 5:17 pm
Zara says:
Egypt’s Mursi Defends Power Grab
Insists Move ‘Temporary’ and Aimed to Protect Constitutional Committee
by Jason Ditz, November 25, 2012
Faced with an ever-growing backlash over last week’s power grab, Egyptian President Mohamed Mursi struggled to defend his edict, insisting that the move was “temporary” and not intended to centralize power in his hands.
Rather, in a new statement Mursi insisted that the move was meant to limit the power of the judiciary, and was primarily aimed at avoiding the “politicization” of the court system while keeping them from ousting the committee penning the new constitution.
Yet the edict went well beyond protecting the committee, claiming unilateral power for the president to do anything he deems necessary and insisting the court can’t even theoretically review anything he does. To the extent it renders the court totally powerless it would seem to limit interest in its politicization.
Making the move temporary does seem to be a key part of the edict, and assuming it remains temporary it may placate some critics. The edict only sought to define presidential power until the new constitution is written, with the assumption that the constitution itself will define them afterwards.
“Temporary” measures in the Middle East have a tendency to last for decades, however, as with the “emergency law” in place in Egypt before the revolution, which granted Mursi’s predecessor Hosni Mubarak similar unchecked power. The longer it takes to get a constitution in place, the more Egyptians are likely to bristle at the power Mursi is now claiming for himself.
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26th November 2012 at 11:13 pm
Muck About says:
Just another Islamic shithead.
Eventually the whole shebang is going to go up in smoke as we have another Islamic invasion of Europe (starting from within) and the idiots trying to wipe Israel off the map from three different directions.
Maybe it’ll even start the Crises phase of the Fourth Turning…. ?? It’s sure to go nuke as Israel has no other choice, faced with so many bloodthirsty idiots surrounding them.
I don’t think I’d go to Israel on an extended vacation right at the moment.. In fact, I think it might be wise for a while to use the Atlantic and Pacific Oceans as the buffers they naturally provide (sans ICBM’s) and just putter around home.
MA
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26th November 2012 at 10:15 pm
Kill Bill says:
Just another Islamic shithead. -MA
Nope.
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26th November 2012 at 11:43 pm
sangell says:
Syria looks like they are going to be getting a new dictator real soon too.
Rebels overran an airbase yesterday. Today they have pictures of them shooting down a helicopter gunship with a heat seeking missile. If they are armed with MANPADS and have the organization to attack Assads military bases Assad will be dead or in Tehran before Xmas.
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26th November 2012 at 11:50 pm
sangell says:
One has to wonder what Israel is waiting for. Riots in Egypt. Civil War in Syria. Anti government demonstrations in Jordan. Hamas military leadership dead and their missiles destroyed. The Arab world in chaos and Washington focused on the fiscal cliff. Netanyahu isn’t going to have clearer sailing than this to attack Tehran.
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26th November 2012 at 11:57 pm