Friday, February 11, 2011

Bye Bye Mubarak, Let Freedom Reign in Egypt (Hopefully)

Well the dictator finally had enough time to rebury the bodies and move the money he stole from his Egyptian bank accounts to his Swiss bank accounts so he can finally leave office.

Fireworks burst over Tahrir Square and Egypt exploded with joy and tears of relief after pro-democracy protesters brought down President Hosni Mubarak with a momentous march on his palaces and state TV. Mubarak, who until the end seemed unable to grasp the depth of resentment over his three decades of authoritarian rule, finally resigned Friday and handed power to the military.

Well, now lets see how the election comes out. My money is on a secular Turkey style government backed by the military with Muslim Brotherhood representation of 10 - 15%. In other words you would need them to pass some legislation but they will not hold any sort of real power in the country.

Let's hope this new government diversifies their economy away from tourism into biotech or low cost manufacturing for Europe or something. Let's get some of these protesters some decent jobs now that they put in the sweat equity it takes to oust their dictator.

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