Anyone watching Egypt?

I heard on BBC that the rioting has spilled over into Yemen and Jordan. Also the Suez canal has ~30% of the worlds oil going through it. Shut that down gas prices will jump $1/gallon overnight. That will put strain on most economies here in the west and could usher in a global government.

I try to watch things in that part of the world. I certainly am not a political expert, tho'. In 2001 Egypt bought 50 No-Dong missles from North Korea. Any government with an army of Egypt's size (with the weapons they have) could have serious consequences if the Government topples and extremist take over. In 2005 then Russian president Putin visited the middle east. His visit to several countries in that region (including Israel) began in Cairo. Putin expressed the importance of having Egypt as a friend and the countries of the entire middle east were in his back yard. Putin is and will remain to be a player in that part of the world. Let's keep in mind (at least from my own perspective) Egypt's troubles are internal for the time being. Nothing about peace or the popular issue of a Palestinian state. The Muslim Brotherhood faction is about 1/3 of the country and if examined from past and recent histories have not shown the typical fanaticism you find in most of the countries of that region. I do think it is very fragile right now and those can will try to keep their sovereignty, but I expect there will be radical influences taking advantage of the situation as well. I expect to see a dramatic escalation in violence.

I just got a e-mail the other day about a oil lake under ground in North Dakota and Montana say there more oil there then most country in the middle east. Let drill and put are people to work.

Deepwoods said:

I just got a e-mail the other day about a oil lake under ground in North Dakota and Montana say there more oil there then most country in the middle east. Let drill and put are people to work.

Click to expand...

You'll have to convince a lot of left-wingers to get that done.

Automobiles should be running on natural gas. We have plenty of it. Natural gas burns cleaner and engines would last alot longer. The problem is oil and coal have congress in their back pocket!

Deepwoods said:

I just got a e-mail the other day about a oil lake under ground in North Dakota and Montana say there more oil there then most country in the middle east. Let drill and put are people to work.

Click to expand...

the oil is in both Countries and Saskatchewan now produces more conventional oil than Alberta , We also have a huge reserve of sand and shale oil ....Just waiting for the price to go up.

Can you hear the Trumpet Sounding

http://www.zerohedge.com/article/egypt-rapidly-running-out-food



"Egypt Rapidly Running Out Of Food

Submitted by Tyler Durden on 01/31/2011 07:20 -0500



NationalismTwitter





Forget Egypt ATMs running out of cash. A far bigger problem for the country is starting to materialize, one which would promptly shift the revolution into overdrive: the disappearance of all staples. CNN reports: "While discontent, resentment and nationalism continue to fuel demonstrations, one vital staple is in short supply: food. Many families in Egypt are fast running out of staples such as bread, beans and rice and are often unable or unwilling to shop for groceries. Everything is running out. I have three children, and I only have enough to feed them for maybe two more days. After that I do not know what we will do." school administrator Gamalat Gadalla told CNN." And while the world is merely concerned about whether the Suez canal is still open, perhaps it is time for a little food paradropping exercise, because if the 80+ million strong population realizes there is nothing to eat, we may just see the kind of Somali ship piracy in the Red Sea we have all grown to love, move just a little bit inland.



More from CNN:



The unrest has paralyzed daily life in Egypt with many grocers closing shop and spotty food shipments.



"With the curfew, there are no restaurants, food or gas. Basic goods will soon be in shortage," Sandmonkey, an Egyptian blogger said via Twitter.



Egyptian President Hosni Mubarak has ordered a curfew in Egypt to be extended from 3 p.m. to 8 a.m. on Monday, further stifling normal life in the embattled nation.



Egyptian state-run Nile TV has set up a hotline for citizens to call in and report bread shortages. There has been no other indication of what the Egyptian government is doing to address the crisis.



Unfortunately for Egyptians they seem blissfully unaware that they can't eat E-minis, which have resumed their algo driven melt up this morning as the revolutionary margin and bottom line appears to have blown out analyst expectations. "