A Sure Sign of Wrong Direction Egypt Is Now Taking: OIL CASH Kills Democracy

Arab Oil Cash to Kill Democracy in Egypt In order to determine whether the turmoil in Egypt is in the best interests of the mass of ordinary Egyptians, we should use the trusted maxim – follow the money. Within hours of the military’s arrest last week of now-deposed President Mohamed Morsi, the Persian Gulf Arab monarchies were offering their congratulations to defense minister Abdel Fattah Al-Sisi and the new interim president, Adli Mansour. With Morsi still under arrest, incommunicado, and his whereabouts as yet unknown, the Persian Gulf oil kingdoms this week have swiftly moved, in the words of the Financial Times, “to prop up” the new rulers of Egypt with USD 12 billion in cash grants, central bank deposits and oil deals. That capital transfusion is seen as critical to bailing out the sinking Egyptian economy and ensuring the viability of the military-led interim administration.

How Egypt’s ‘Revolution’ Betrayed Itself

“The revolution is dead. Long live the revolution,” wrote Eric Walberg, a Middle East political expert and author, shortly after the Egyptian military overthrew the country’s democratically elected President Mohammed Morsi on July 3. But…

Continued US Military Aids and Ongoing BLOODSHED and SUFFERING in EGYPT

Even though the military seized power in Egypt on July 3, the United States is still going to deliver four F-16 fighter jets to the North African state. This transferal of some of the most sophisticated and expensive defense hardware follows a pattern of Pentagon domination of the domestic and foreign policy imperatives of Cairo. Since the implementation of the Camp David Accords in 1979 under the Carter administration, Egypt has become the second largest recipient of U.S. foreign assistance next only to the State of Israel. The $US1.5 billion in annual assistance from Washington is not designed for the benefit of the Egyptian people but for the protection of the interests of Wall Street, the Pentagon and the intelligence apparatus of the world’s leading imperialist state.

Syrian Army Seizes Massive CHEMICAL STOCKPILE from the US/NATO/Israel-backed INSURGENTS’ Chemical Depot

While Russian experts have issued a report about an investigation into chemical weapons use in Syria, the Syrian Armed Forces seized a massive chemical depot from foreign backed insurgents after a heavy gunfight. The seized chemicals would, according to Syrian sources, have been sufficient to cause mass death on an unprecedented scale. The seizure of the chemicals from the insurgents coincides with recent intelligence reports, according to which a renewed, political and military campaign against Syria will be initiated by the “opposition”, the insurgents, and the international alliance behind the war on Syria. The war has claimed more than 93.000 lives and displaced hundreds of thousands, since 2011.

Ongoing CLASS WAR Continues in Egypt

Egypt is at war. More accurately, Egypt is experiencing yet another battle in its ongoing class war. The battle is so fierce because the primary combatants are the two most powerful social forces in Egypt, both factions of the capitalist class – the military as the state capitalist class and the Ikhwan (the Muslim Brotherhood) representing the competitive capitalist class. The military’s most recent explicit intervention into the political domain is assuredly not revolutionary. Nor is it cause for optimism. It is also not the ahistorical coup of liberal commentary. As a battle between two different kinds of property in Egypt, this is a further descent along the retrogressive trajectory set by the events of 25 January 2011. Egyptian politics are increasingly counter-revolutionary.