Pharaoh Morsi? Not so fast
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SharePresident Morsi in Egypt may now be accumulating as much power as Pharaoh Mubarak. For all practical purposes Egypt still does not have a solid Constitution. But what happened seems more like a bunch of generals getting rid of the ultra-unpopular Tantawi and Enan than a lunatic "Islamic Emirate" Morsi power grab. Call it a pre-emptive coup against a coup within a coup...
So the "new generation" generals were into it from the start. Very important point; my sources confirmed that Major General Mohamed El Assar, the new second in command at the Ministry of Defense, is actually Washington's man in Cairo. So none of this would have happened without Washington at least being informed.
Mubarak loyalists (a la House of Saud) and secular, anti-MB Egyptians may be stunned or even fearful. But check out this level-headed analysis:
http://www.facebook.com/permalink.php?story_fbid=10151997034060386&id=763825385
Key point; it was a reshuffle - while the Egyptian military as an institution remains intact. Sure, there was some movement within SCAF. And who didn't want to get rid of old and universally derided Tantawi? So the Pentagon, Israel and even the House of Saud should not lose their sleep - at least for now. Bibi-Barak certainly won't. As for would be Pharaoh Morsi, he still has not solved his problem, as David Goldman summarized; he's broke, and he can't pay Egypt's bills.
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